Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
cosmetics
Luxury
Bulgari CEO: ‘Less But Better’ Driving Luxury Growth
The LVMH brand is recording ‘more than double digit’ growth, generated by ‘natural upselling requested by clients,’ said chief executive Jean-Christophe Babin in an exclusive interview with BoF.
Bulgari CEO: ‘Less But Better’ Driving Luxury Growth
The LVMH brand is recording ‘more than double digit’ growth, generated by ‘natural upselling requested by clients,’ said chief executive Jean-Christophe Babin in an exclusive interview with BoF.
Beauty
The State of Fashion Special Edition | The New Face of Beauty
The special edition of The State of Fashion report by BoF and McKinsey & Company explores the reshaping of the global beauty industry. Download the full report to learn about the key dynamics that will impact all categories in the years ahead, from the rise of wellness to the influence of Gen-Z.
The State of Fashion Special Edition | The New Face of Beauty
The special edition of The State of Fashion report by BoF and McKinsey & Company explores the reshaping of the global beauty industry. Download the full report to learn about the key dynamics that will impact all categories in the years ahead, from the rise of wellness to the influence of Gen-Z.
Beauty
Brazil’s Antitrust Watchdog Approves L’Oréal Deal to Buy Aesop
Brazil’s antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co’s Aesop brand to French cosmetics company L’Oréal, according to the country’s daily gazette.
Brazil’s Antitrust Watchdog Approves L’Oréal Deal to Buy Aesop
Brazil’s antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co’s Aesop brand to French cosmetics company L’Oréal, according to the country’s daily gazette.
Beauty
Beyoncé Appears to Tease Hair Care Line on Instagram
Beyoncé posted a series of images on her Instagram account that appeared to hint at the launch of an upcoming beauty brand.
Beyoncé Appears to Tease Hair Care Line on Instagram
Beyoncé posted a series of images on her Instagram account that appeared to hint at the launch of an upcoming beauty brand.
Beauty
Chanel Taps Timothée Chalamet as Fragrance Ambassador
Chanel has named actor Timothée Chalamet as an ambassador for its Bleu De Chanel fragrance. The team-up marks the 27-year-old’s first fashion or beauty partnership.
Chanel Taps Timothée Chalamet as Fragrance Ambassador
Chanel has named actor Timothée Chalamet as an ambassador for its Bleu De Chanel fragrance. The team-up marks the 27-year-old’s first fashion or beauty partnership.
Beauty
The Brand-Building Machines Behind Beauty’s Hottest Labels
In the last decade, incubators aimed at churning out brands have become a force throughout the industry. The Business of Beauty unpacks the pros and cons to the model, as well as what incubators and their brands need to do to stay competitive in a crowded market.
The Brand-Building Machines Behind Beauty’s Hottest Labels
In the last decade, incubators aimed at churning out brands have become a force throughout the industry. The Business of Beauty unpacks the pros and cons to the model, as well as what incubators and their brands need to do to stay competitive in a crowded market.
Beauty
Beauty TikTok’s Latest Obsessions
Unpack the latest controversy with Tarte Beauty, TikTok's "repurchase" trend, Taylor Swift's Eras tour and Sofia Richies wedding makeup.
Beauty TikTok’s Latest Obsessions
Unpack the latest controversy with Tarte Beauty, TikTok's "repurchase" trend, Taylor Swift's Eras tour and Sofia Richies wedding makeup.
Beauty
Gen-Z Is Driving Fragrance M&A
TikTok fanatics are discovering new or smaller lines like Juliette Has a Gun and Parfums de Marly, which have been around for a collective 31 years.
Gen-Z Is Driving Fragrance M&A
TikTok fanatics are discovering new or smaller lines like Juliette Has a Gun and Parfums de Marly, which have been around for a collective 31 years.
Beauty
Coty’s Fragrances Sweeten Profit Forecast After Strong Beat
Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient demand for its high-end and affordable fragrances and cosmetics.
Coty’s Fragrances Sweeten Profit Forecast After Strong Beat
Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient demand for its high-end and affordable fragrances and cosmetics.
Beauty
Ad Watchdog Cracks Down on Misleading Health and Beauty Claims
The advertising watchdog is banning growing numbers of advertisements that exaggerate the benefits of health and beauty treatments such as Botox, lip fillers and diet aids.
Ad Watchdog Cracks Down on Misleading Health and Beauty Claims
The advertising watchdog is banning growing numbers of advertisements that exaggerate the benefits of health and beauty treatments such as Botox, lip fillers and diet aids.
Beauty
The Secret to Creating a Cult Beauty Product
When a beauty product transcends its original value proposition, such as cleansing hands or moisturising skin, it can offer consumers desired forms of cultural capital.
The Secret to Creating a Cult Beauty Product
When a beauty product transcends its original value proposition, such as cleansing hands or moisturising skin, it can offer consumers desired forms of cultural capital.
Beauty
The Business of Beauty Global Forum Is 4 Weeks Away — Register Now for the Global Livestream
Join us on May 30 and 31, 2023 to unlock essential learnings, challenge conventional thinking, inspire innovation and reimagine the future of the global beauty and wellness industry.
The Business of Beauty Global Forum Is 4 Weeks Away — Register Now for the Global Livestream
Join us on May 30 and 31, 2023 to unlock essential learnings, challenge conventional thinking, inspire innovation and reimagine the future of the global beauty and wellness industry.
The News in Brief
Chanel Sales Up 16% in First Half
Chanel’s sales are accelerating after returning to growth last year, Bloomberg reported citing an unnamed source. Beauty sales rose 8 percent.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.
Ferragamo Returns to Profit as Relaunch Strategy Advances
The Italian luxury brand swung to a net profit for the first half after growing sales in the second quarter, with turnaround efforts particularly evident in its directly owned shops.
Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.
Zalando Narrows Profit Outlook, Sees Growth at Lower End of Range
The online fashion retailer said 2026 revenue and growth will land in the lower half of its previously guided range and narrowed its adjusted operating profit outlook.