PAI Partners to Acquire Elemis from L’Occitane
The French private equity group announced on Wednesday that it will buy the UK skin and body care brand for an undisclosed sum.

Imran Amed welcomes respected fashion critic and commentator Tim Blanks, who will bring his highly regarded opinion to BoF’s new fashion shows coverage, set to launch in September.

Hugo Boss AG raised its target for store expansion this year as new shops helped boost second-quarter sales, offsetting rebates and inventory writedowns.

Wang’s departure is a rare example of a drama-free, mutual break-up between a designer and a fashion house, says Imran Amed.

BoF compiles the most important professional moves of the week.

Balenciaga and Alexander Wang have announced their joint decision not to renew their contract beyond its initial term.

The French luxury brand aims to expose the creative process behind the Autumn/Winter 2015 collection through an immersive marketing display.

According to a report published today, Balenciaga and parent company Kering have decided not to renew Wang's contract at the French house.

LVMH Moet Hennessy Louis Vuitton SE reported an estimate-beating 15 percent increase in first-half earnings as sales of fashion and leather-goods accelerated and the wines-and-spirits division returned to growth.

How Anya Hindmarch created a line of luxury leather stickers that has generated over $18 million in only two seasons.

Kering SA reported first-half earnings that beat analysts’ estimates as sales at the Gucci luxury label grew for the first time in almost two years.

On June 30, Burberry’s lucrative 35-year licensing deal with Sanyo Shokai came to a quiet close, enabling Burberry to take direct control of its Japanese business. How will the brand manage the transition and make up the shortfall?

Woolworths Holdings Ltd., the South African food and clothing retailer which bought David Jones last year, may sell two of the Australian retailer’s sites as it looks to revamp other stores in central business districts.
The French private equity group announced on Wednesday that it will buy the UK skin and body care brand for an undisclosed sum.
At its capital markets event in Shanghai, leadership said it aims to deliver mid-single-digit organic net sales growth through fiscal 2030, and unveiled a new cost-cutting and strategic roadmap.
The Indian beauty retailer said on Wednesday its second-quarter profit nearly tripled, as improved operating efficiency and strong demand for premium beauty products boosted margins.
The US retailer is planning to spin off its pharmacy business in what would be one of the biggest-ever breakups in the healthcare industry, according to reports.
The jeweller edged up its near-term revenue and profitability targets as efforts to keep the brand affordable pay off.
The Ozempic maker raised its full-year outlook for the third time this year on Wednesday as its Wegovy pill beat third-quarter sales forecasts, boosting the Danish firm's bid to win back ground from US rival Eli Lilly.
The fragrance firm reported third-quarter core profit a touch above market expectations on Wednesday, and raised its full-year growth outlook but failed to impress investors.
Sales and profit from clothing and homeware remain below two years ago but ‘brand is in good health.’