L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
business-growth
Financial Markets
Burberry Profit Steady Awaiting New Collections in Stores
The British fashion house expects revenue growth after positive feedback on products by Riccardo Tisci.
Burberry Profit Steady Awaiting New Collections in Stores
The British fashion house expects revenue growth after positive feedback on products by Riccardo Tisci.
Financial Markets
How Online Brands Can Pave a Path to Profitability
Many direct-to-consumer brands run losses for years, relying on a perpetual cycle of funding rounds to cover the cost of acquiring new customers. Here’s BoF’s guide to getting out of the red, with advice from founders of start-ups that did it.
How Online Brands Can Pave a Path to Profitability
Many direct-to-consumer brands run losses for years, relying on a perpetual cycle of funding rounds to cover the cost of acquiring new customers. Here’s BoF’s guide to getting out of the red, with advice from founders of start-ups that did it.
Financial Markets
Op-Ed | Fashion Needs a New Business Model. Speed Is the Answer.
Fashion businesses need to move faster to remain competitive. But speeding up means more than chasing trends – brands must realign their entire supply chain to create both market and social value.
Op-Ed | Fashion Needs a New Business Model. Speed Is the Answer.
Fashion businesses need to move faster to remain competitive. But speeding up means more than chasing trends – brands must realign their entire supply chain to create both market and social value.
Beauty
New York’s Fashion and Beauty Startup Scene Is Having a Moment
Investors like the new breed of fashion companies that have an Instagram-fuelled intimate relationship with their customers.
New York’s Fashion and Beauty Startup Scene Is Having a Moment
Investors like the new breed of fashion companies that have an Instagram-fuelled intimate relationship with their customers.
Financial Markets
Glossier Raises $100 million After Sales Double
The millennial-favorite cosmetics company doubled sales last year and is now valued at $1.2 billion, reports say.
Glossier Raises $100 million After Sales Double
The millennial-favorite cosmetics company doubled sales last year and is now valued at $1.2 billion, reports say.
Financial Markets
Gwyneth Paltrow's Goop Cashing in Despite 'Pseudoscience' Claims
To the surprise of the medical community, Gwyneth Paltrow's lifestyle brand has become the epicentre of the multi-trillion dollar wellness industry.
Gwyneth Paltrow's Goop Cashing in Despite 'Pseudoscience' Claims
To the surprise of the medical community, Gwyneth Paltrow's lifestyle brand has become the epicentre of the multi-trillion dollar wellness industry.
Retail
The Secrets to Veronica Beard’s Success
At a time when the lifecycle of a brand can be short as an Instagram Story, the New York-based label is building a sustainable business.
The Secrets to Veronica Beard’s Success
At a time when the lifecycle of a brand can be short as an Instagram Story, the New York-based label is building a sustainable business.
Financial Markets
How Monica Vinader Conquered Demi-Fine Jewellery
The 'accessible luxury' brand has its sights set on revenues of £200 million a year in the growing space between fine and fashion jewellery. Next up: new stores on three continents.
How Monica Vinader Conquered Demi-Fine Jewellery
The 'accessible luxury' brand has its sights set on revenues of £200 million a year in the growing space between fine and fashion jewellery. Next up: new stores on three continents.
Financial Markets
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Financial Markets
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
Financial Markets
French Connection Says Close to Turning Around Business
The British fashion chain has closed stores and hired new management and design teams as it tries to turn the corner.
French Connection Says Close to Turning Around Business
The British fashion chain has closed stores and hired new management and design teams as it tries to turn the corner.
Financial Markets
Proenza Schouler Gets Down to Business With Second, More Casual Label
Jack McCollough, Lazaro Hernandez and Judd Crane tell BoF how Proenza Schouler White Label (PSWL) will open the brand to a broader audience.
Proenza Schouler Gets Down to Business With Second, More Casual Label
Jack McCollough, Lazaro Hernandez and Judd Crane tell BoF how Proenza Schouler White Label (PSWL) will open the brand to a broader audience.
The News in Brief
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.