Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
conglomerates
Global Markets
India’s RPSG Ventures Acquires 40% Stake in Falguni Shane Peacock
The media-to-chemicals conglomerate has valued the luxury fashion brand’s parent FSP Design Private Limited at $54.6 million.
India’s RPSG Ventures Acquires 40% Stake in Falguni Shane Peacock
The media-to-chemicals conglomerate has valued the luxury fashion brand’s parent FSP Design Private Limited at $54.6 million.
Topics
Supplements Are Booming. So Is Scepticism.
Between class-action lawsuits, safety fears and customer dissatisfaction, the vitamin, supplements and minerals industry is facing more scrutiny than ever. Some sellers see the moment as an opportunity.
Supplements Are Booming. So Is Scepticism.
Between class-action lawsuits, safety fears and customer dissatisfaction, the vitamin, supplements and minerals industry is facing more scrutiny than ever. Some sellers see the moment as an opportunity.
Beauty
As Wellness Trends Go Upscale, Nestlé’s Mass-Market Vitamins Lose Some Shine
Nestle wants out of mass-market vitamins. But a move by consumers towards more expensive, science-backed products risks complicating the Swiss conglomerate's effort to fetch a high price for its underperforming brands.
As Wellness Trends Go Upscale, Nestlé’s Mass-Market Vitamins Lose Some Shine
Nestle wants out of mass-market vitamins. But a move by consumers towards more expensive, science-backed products risks complicating the Swiss conglomerate's effort to fetch a high price for its underperforming brands.
Beauty
What’s Driving the Pocket Dermatology Boom
Brands like Methodiq, the newest label to launch out of US beauty conglomerate Oddity, want to put dermatologists in every person’s pocket — and disrupt a decades-old system in the process.
What’s Driving the Pocket Dermatology Boom
Brands like Methodiq, the newest label to launch out of US beauty conglomerate Oddity, want to put dermatologists in every person’s pocket — and disrupt a decades-old system in the process.
Beauty
Novo Cuts US Weight Loss Drug Prices
The Danish drugmaker maker will sell introductory doses of Ozempic and Wegovy for $190 in an effort to compete with Eli Lilly and compounding pharmacies on price.
Novo Cuts US Weight Loss Drug Prices
The Danish drugmaker maker will sell introductory doses of Ozempic and Wegovy for $190 in an effort to compete with Eli Lilly and compounding pharmacies on price.
Beauty
Shiseido Shares Decline 11% After China Warns on Japan Travel
Shiseido Co. shares fell as much as 11 percent after China cautioned its citizens against traveling to and studying in Japan amid a deepening diplomatic row between the nations.
Shiseido Shares Decline 11% After China Warns on Japan Travel
Shiseido Co. shares fell as much as 11 percent after China cautioned its citizens against traveling to and studying in Japan amid a deepening diplomatic row between the nations.
Beauty
L’Oréal Invests In Chinese Clean Skincare Brand Lan
Cosmetics giant L’Oreal said on Monday it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in China, where local brands have grown rapidly.
L’Oréal Invests In Chinese Clean Skincare Brand Lan
Cosmetics giant L’Oreal said on Monday it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in China, where local brands have grown rapidly.
Sustainability
Explainer: What the EU’s Moves to Water Down Sustainability Rules Mean for Fashion
After months of political wrangling, Europe’s Parliament has reached a deal to significantly scale back landmark corporate sustainability rules, paving the way for much laxer environmental reporting and due diligence requirements for large fashion brands.
Explainer: What the EU’s Moves to Water Down Sustainability Rules Mean for Fashion
After months of political wrangling, Europe’s Parliament has reached a deal to significantly scale back landmark corporate sustainability rules, paving the way for much laxer environmental reporting and due diligence requirements for large fashion brands.
Beauty
Why Beauty’s Biggest Companies Are Struggling to Grow
This season’s earnings paints a gloomy picture of the fiscal year ahead, thanks to a downturn in the US and a cooling fragrance market, but agile firms are finding brighter spots.
Why Beauty’s Biggest Companies Are Struggling to Grow
This season’s earnings paints a gloomy picture of the fiscal year ahead, thanks to a downturn in the US and a cooling fragrance market, but agile firms are finding brighter spots.
Beauty
L’Oréal Selling €3 Billion of Bonds for Kering Beauté Deal
L’Oréal SA is selling at least €1.5 billion ($1.7 billion) of bonds in a three-part deal to help finance its acquisition of Kering Beauté.
L’Oréal Selling €3 Billion of Bonds for Kering Beauté Deal
L’Oréal SA is selling at least €1.5 billion ($1.7 billion) of bonds in a three-part deal to help finance its acquisition of Kering Beauté.
Beauty
WeightWatchers Plans to Sell Novo Nordisk’s Wegovy Pill
The company’CEO said on Wednesday it plans to sell Novo Nordisk’s much-anticipated Wegovy in pill form if it is launched next year in the United States, deepening its tie-up with the Danish obesity drugmaker.
WeightWatchers Plans to Sell Novo Nordisk’s Wegovy Pill
The company’CEO said on Wednesday it plans to sell Novo Nordisk’s much-anticipated Wegovy in pill form if it is launched next year in the United States, deepening its tie-up with the Danish obesity drugmaker.
Beauty
Exclusive: Hourglass Founder Carisa Janes Launches New Beauty Brand
Eight years after selling her prestige cosmetics line to Unilever Prestige, Janes has another brand on her hands, launching with 25 foundation shades and a face oil. Can lightning strike twice?
Exclusive: Hourglass Founder Carisa Janes Launches New Beauty Brand
Eight years after selling her prestige cosmetics line to Unilever Prestige, Janes has another brand on her hands, launching with 25 foundation shades and a face oil. Can lightning strike twice?
The News in Brief
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
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.
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.