Coty Tops Estimates on Prestige Brands Boost Amid Turnaround
The US cosmetics conglomerate said launches from Marc Jacobs and Burberry helped boost revenues, though its full-year guidance is below consensus.
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Beauty
Lisa Eldridge's Brushstroke of Genius
How the makeup artist and creative director of Lancôme grew an online fanbase of millions with her candid online beauty tutorials.
News & Analysis
Richemont CEOs Are Top-Paid Europe Executives After VW Boss
Richemont co-chief executive officers Richard Lepeu and Bernard Fornas are catching up with Volkswagen AG’s Martin Winterkorn as the top-paid executives in Europe, according to a study by HKP.
News & Analysis
Nike CEO Mark Parker Recommended to Replace Phil Knight as Chairman
Nike chief executive Mark Parker was recommended to become the next chairman as part of a succession plan after co-founder Phil Knight steps down from the role.
Luxury
Net-a-Porter’s Massenet Says She Will Stay Following Yoox Merger
Natalie Massenet signaled that she plans to stay at the online fashion and luxury-goods retailer after it merges with Italy’s Yoox SpA.
Global Markets
China’s Fashion Business Billionaires
About 20 percent of China’s 200 or so billionaires can thank the fashion business for at least part of their fortunes. But how did these fascinating characters get to the top?
News & Analysis
At Paris Menswear, Designers Doing a Hedi
Gripped by the 'lethal' blend of marketing and design as perfected by Slimane's Saint Laurent, Paris was largely devoid of fresh style statements, says Angelo Flaccavento.
Financial Markets
Nike Exceeds Profit Estimates on New Products and Athleisure Trend
Nike Inc.’s fourth-quarter profit topped analysts’ estimates, helped by new product releases and strong sales growth in North America, its largest market.
News & Analysis
Kim Jones' Vuitton Journey
Kim Jones reflects on turning Louis Vuitton into a credible global menswear player and reveals why today’s collection represents a new chapter in his tenure at the brand.
Fashion Week
Gucci, Prada and Milan's Egocentrism
Men’s fashion week in Milan exposed the tension between uniqueness and conformity at the very heart of today’s fashion.
News & Analysis
Yoox Net-a-Porter Stake Up for Grabs as Milan Fashion Set Meets
Richemont chairman Johann Rupert’s best hope of finding a buyer for part of his company’s stake in Yoox Net-a-Porter may lie in the Italian city that, for the next few days, is the centre of men’s fashion: Milan.
Technology
New York vs London: Which Is the World's Fashion-Tech Capital?
London and New York are both home to vibrant start-up ecosystems. But which is the world’s true fashion-tech capital?
Fashion Week
Burberry, JW Anderson and London's New Feminine Mood
Just the right amount of femininity created a new mood at London Collections: Men, writes Colin McDowell.
The News in Brief
E.l.f. Beauty Sales Lift 51%
The US cosmetics giant raised its full-year sales outlook to over $2 billion as Rhode’s global expansion continues to power its revenue growth.
Shein Invests €500 Million in Europe as Customs Rules Tighten
The online retailer said it will expand its logistics hub in Poland as it grapples with stricter customs regulations in Europe.
Remington Owner Spectrum Makes Unsolicited Push to Buy Helen of Troy
The owner of consumer brands like George Foreman and Remington said it has made multiple offers to buy the publicly listed parent company of Olive and June, Drybar and Hydro Flask.
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.
Estée Lauder Sets 2030 Growth, Margin Targets as Turnaround Advances
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.
Nykaa Quarterly Profit Nearly Triples on Beauty Demand, Margin Gains
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.
Report: CVS Plans to Break Up Healthcare Conglomerate
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.