Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
consumers
Retail
Veronica Beard Is a Hit in the US. Will Its Formula Work Globally Too?
The contemporary label is on track to hit nearly $300 million in sales this year. Up next are stores and new wholesale accounts in Asia, Europe and the Middle East.
Veronica Beard Is a Hit in the US. Will Its Formula Work Globally Too?
The contemporary label is on track to hit nearly $300 million in sales this year. Up next are stores and new wholesale accounts in Asia, Europe and the Middle East.
Luxury
Why Tax-Free Shopping Matters
This week, Burberry’s chairman took the UK prime minister to task over his decision to eliminate tax-free shopping for tourists, calling Britain the ‘least attractive shopping destination in Europe.’
Why Tax-Free Shopping Matters
This week, Burberry’s chairman took the UK prime minister to task over his decision to eliminate tax-free shopping for tourists, calling Britain the ‘least attractive shopping destination in Europe.’
Retail
Gap to Cut Hundreds of Jobs in New Round of Layoffs
Gap Inc is eliminating hundreds of jobs from its global workforce, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.
Gap to Cut Hundreds of Jobs in New Round of Layoffs
Gap Inc is eliminating hundreds of jobs from its global workforce, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.
Retail
Start-Up E-Commerce Platform Temu Expands to Europe
Ultra-low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to European markets, including France, Germany, Italy, The Netherlands, Spain and the United Kingdom.
Start-Up E-Commerce Platform Temu Expands to Europe
Ultra-low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to European markets, including France, Germany, Italy, The Netherlands, Spain and the United Kingdom.
Luxury
Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’
At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’
Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’
At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’
Retail
Why Fashion Can’t Kick Its Cowboy Obsession
From Coachella to Paramount’s hit TV show Yellowstone, the Western look has become ubiquitous in mainstream culture. The trend, stakeholders say, was driven by the pandemic and shifting political views.
Why Fashion Can’t Kick Its Cowboy Obsession
From Coachella to Paramount’s hit TV show Yellowstone, the Western look has become ubiquitous in mainstream culture. The trend, stakeholders say, was driven by the pandemic and shifting political views.
Marketing
What Fashion Needs to Know About Lemon8
TikTok parent company ByteDance has already proved it can build a social media platform that dictates what users will watch. Now, it’s created an app to influence what they buy.
What Fashion Needs to Know About Lemon8
TikTok parent company ByteDance has already proved it can build a social media platform that dictates what users will watch. Now, it’s created an app to influence what they buy.
China
Wealthy Chinese Flock to High-Octane Shopping Hubs
Luxury brands could see an uplift in destinations like Dubai, Singapore and Australia’s Gold Coast as China’s second outbound tourism wave gets underway.
Wealthy Chinese Flock to High-Octane Shopping Hubs
Luxury brands could see an uplift in destinations like Dubai, Singapore and Australia’s Gold Coast as China’s second outbound tourism wave gets underway.
Luxury
BoF Insights | The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality
From home design to hotels, the $4.3 trillion lifestyle sector is set for growth as customers prioritise experience and place greater value on the spaces where they live, work and socialise, according to BoF Insights’ new report.
BoF Insights | The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality
From home design to hotels, the $4.3 trillion lifestyle sector is set for growth as customers prioritise experience and place greater value on the spaces where they live, work and socialise, according to BoF Insights’ new report.
China
The Recession That Wasn’t?
China’s economy is ramping up just as America’s is slowing down, giving global brands some options to navigate a downturn. That, plus what else to watch for this week.
The Recession That Wasn’t?
China’s economy is ramping up just as America’s is slowing down, giving global brands some options to navigate a downturn. That, plus what else to watch for this week.
Sustainability
What the Quiet Luxury Trend Means for Sustainability
The understated allure of classic, high quality pieces dovetails with conscious consumption calls to buy less, but better. But brands are treating the idea as just another excuse to sell more clothes.
What the Quiet Luxury Trend Means for Sustainability
The understated allure of classic, high quality pieces dovetails with conscious consumption calls to buy less, but better. But brands are treating the idea as just another excuse to sell more clothes.
Direct-to-Consumer
Why Fashion Hasn’t Given Up on Social Commerce
Outside Asian markets, companies have yet to see lasting success in melding social media and e-commerce. But platforms and brands continue to adapt social selling to meet their respective consumers.
Why Fashion Hasn’t Given Up on Social Commerce
Outside Asian markets, companies have yet to see lasting success in melding social media and e-commerce. But platforms and brands continue to adapt social selling to meet their respective consumers.
The News in Brief
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.
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.
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.