Asos Names Law Roach ‘Stylist in Residence’
Online fashion retailer Asos has brought on celebrity stylist Law Roach to bring his creative lens and styling approach to its campaigns and recently relaunched magazine.
conglomerates
Luxury
Can Slouchy Work Bags and a Selfie Mirror Grow Delvaux?
An installation featuring restored works by Saul Steinberg is the 200-year-old Belgian brand’s latest attempt to build present-day relevance after being purchased by Richemont in 2021.
Can Slouchy Work Bags and a Selfie Mirror Grow Delvaux?
An installation featuring restored works by Saul Steinberg is the 200-year-old Belgian brand’s latest attempt to build present-day relevance after being purchased by Richemont in 2021.
Luxury
Inside Coupang’s Tug of War With Farfetch
A year into its ownership of the embattled luxury e-tailer, the South Korean e-commerce giant is whipping Farfetch into shape, reaching near breakeven in its latest quarter. But company insiders say Coupang has gone from cutting fat to cutting muscle, stripping Farfetch of its ability to compete for the attention and dollars of key ultra-wealthy shoppers who account for 30 percent of its annual sales.
Inside Coupang’s Tug of War With Farfetch
A year into its ownership of the embattled luxury e-tailer, the South Korean e-commerce giant is whipping Farfetch into shape, reaching near breakeven in its latest quarter. But company insiders say Coupang has gone from cutting fat to cutting muscle, stripping Farfetch of its ability to compete for the attention and dollars of key ultra-wealthy shoppers who account for 30 percent of its annual sales.
Beauty
L’Oréal US Appoints New Head of Acquisitions
Ali Goldstein, previously US president of L’Oréal Paris, will help the conglomerate identify American brands for investment or purchase.
L’Oréal US Appoints New Head of Acquisitions
Ali Goldstein, previously US president of L’Oréal Paris, will help the conglomerate identify American brands for investment or purchase.
Beauty
The Beauty Slowdown, Explained
The four biggest beauty conglomerates all recently reported disappointing sales, and consumers are tiring even of once white-hot brands like Cerave and Drunk Elephant. A rebound will require agility and adjusted expectations.
The Beauty Slowdown, Explained
The four biggest beauty conglomerates all recently reported disappointing sales, and consumers are tiring even of once white-hot brands like Cerave and Drunk Elephant. A rebound will require agility and adjusted expectations.
Beauty
Report: Unilever to Acquire Refillable Personal Care Brand Wild For £230 Million
A deal is expected to be announced in the coming weeks, according to Sky News.
Report: Unilever to Acquire Refillable Personal Care Brand Wild For £230 Million
A deal is expected to be announced in the coming weeks, according to Sky News.
Beauty
Estée Lauder Knows How to Cut Costs. Can It Also Rebuild Growth?
Tuesday’s second-quarter earnings detailed the conglomerate’s plans to streamline the business, with more job cuts and corporate restructuring to come. Getting the company back to growth will mean closing the intention gap.
Estée Lauder Knows How to Cut Costs. Can It Also Rebuild Growth?
Tuesday’s second-quarter earnings detailed the conglomerate’s plans to streamline the business, with more job cuts and corporate restructuring to come. Getting the company back to growth will mean closing the intention gap.
Beauty
Estée Lauder Companies' Makeover Begins
In order to reverse its sales decline, the company is reportedly considering selling off poorer-performing, lower-margin brands and cutting other costs. Investors want to see the fat trimmed, and more room created for future growth.
Estée Lauder Companies' Makeover Begins
In order to reverse its sales decline, the company is reportedly considering selling off poorer-performing, lower-margin brands and cutting other costs. Investors want to see the fat trimmed, and more room created for future growth.
Beauty
Estée Lauder Companies Group President to Step Down
Peter Jueptner will exit his role after 16 years at the American beauty conglomerate.
Estée Lauder Companies Group President to Step Down
Peter Jueptner will exit his role after 16 years at the American beauty conglomerate.
Luxury
The State of Fashion: Luxury
Macroeconomic headwinds, shifting customer preferences and a deteriorating value proposition continue to weigh on the global luxury sector in 2025. Companies need to review their strategic priorities — investing in talent development, product excellence and finding new ways to engage with clients. Download the special Luxury edition of The State of Fashion report by BoF Insights and McKinsey & Company to understand the strategic imperatives for luxury executives in the years ahead.
The State of Fashion: Luxury
Macroeconomic headwinds, shifting customer preferences and a deteriorating value proposition continue to weigh on the global luxury sector in 2025. Companies need to review their strategic priorities — investing in talent development, product excellence and finding new ways to engage with clients. Download the special Luxury edition of The State of Fashion report by BoF Insights and McKinsey & Company to understand the strategic imperatives for luxury executives in the years ahead.
Beauty
The Best of BoF 2024: How Beauty’s Biggest Companies Fared in 2024
A high-stakes succession saga at Estée Lauder Companies may have dominated headlines, but in 2024, many top beauty companies were in the midst of change and transformation.
The Best of BoF 2024: How Beauty’s Biggest Companies Fared in 2024
A high-stakes succession saga at Estée Lauder Companies may have dominated headlines, but in 2024, many top beauty companies were in the midst of change and transformation.
Retail
Where Does Michael Kors Go From Here?
Without Tapestry, Capri Holdings has a tough road ahead to return its biggest brand to growth.
Where Does Michael Kors Go From Here?
Without Tapestry, Capri Holdings has a tough road ahead to return its biggest brand to growth.
Retail
Tapestry and Capri Call Off Their Merger
The $8.5 billion deal is off after the US Federal Trade Commission successfully blocked it in court. In announcing the termination, the Coach-owner said it would buy back stock, while Capri outlined a turnaround plan that includes closing some Michael Kors stores.
Tapestry and Capri Call Off Their Merger
The $8.5 billion deal is off after the US Federal Trade Commission successfully blocked it in court. In announcing the termination, the Coach-owner said it would buy back stock, while Capri outlined a turnaround plan that includes closing some Michael Kors stores.
The News in Brief
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.