Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
cosmetics
Beauty
Glossier Lays Off 80 Employees
Chief executive Emily Weiss wrote in a letter to employees that Glossier had “got ahead of ourselves on hiring."
Glossier Lays Off 80 Employees
Chief executive Emily Weiss wrote in a letter to employees that Glossier had “got ahead of ourselves on hiring."
Beauty
The State of the Celebrity Beauty Brand
Collaborations with musicians like Iggy Azalea and Doja Cat weren’t enough to save BH Cosmetics, which filed for bankruptcy this month.
The State of the Celebrity Beauty Brand
Collaborations with musicians like Iggy Azalea and Doja Cat weren’t enough to save BH Cosmetics, which filed for bankruptcy this month.
Beauty
Alphabet’s Verily Signs L’Oréal in Multi-Year Skin Deal as Losses Grow
Alphabet Inc’s health tech arm Verily on Thursday announced its newest tie-up in its search for sustainable revenue, saying it would study skin health and explore new products with cosmetics maker L’Oréal SA.
Alphabet’s Verily Signs L’Oréal in Multi-Year Skin Deal as Losses Grow
Alphabet Inc’s health tech arm Verily on Thursday announced its newest tie-up in its search for sustainable revenue, saying it would study skin health and explore new products with cosmetics maker L’Oréal SA.
Beauty
Unilever to Sharpen Health Focus After GSK Consumer Interest
Unilever Plc plans to sharpen its focus on health and hygiene and plans to sell off slow-growth brands as it weighs making a higher offer for GlaxoSmithKline Plc’s consumer unit.
Unilever to Sharpen Health Focus After GSK Consumer Interest
Unilever Plc plans to sharpen its focus on health and hygiene and plans to sell off slow-growth brands as it weighs making a higher offer for GlaxoSmithKline Plc’s consumer unit.
Beauty
What’s Next for Olaplex
With an IPO under its belt, the haircare brand is looking to keep the momentum going and new competition at bay.
What’s Next for Olaplex
With an IPO under its belt, the haircare brand is looking to keep the momentum going and new competition at bay.
Beauty
Il Makiage Owner Valued at $1.5 Billion
The beauty brand’s parent company Oddity announced the closing of a $130 million private round led by tech investor Thomas Tull, investment firm Franklin Templeton, Fidelity’s investment arm and venture capital firm First Light Capital Group.
Il Makiage Owner Valued at $1.5 Billion
The beauty brand’s parent company Oddity announced the closing of a $130 million private round led by tech investor Thomas Tull, investment firm Franklin Templeton, Fidelity’s investment arm and venture capital firm First Light Capital Group.
Topics
Chanel Debuts Clean Beauty Line, No. 1
The line’s key ingredient is red camellia, a flower that Chanel scientists have been studying over the last ten years.
Chanel Debuts Clean Beauty Line, No. 1
The line’s key ingredient is red camellia, a flower that Chanel scientists have been studying over the last ten years.
Beauty
The Year Ahead: Beauty’s Cautious Recovery
After being hit significantly by the pandemic, all categories within the beauty sector are performing strongly. However, the sector’s competitive intensity shows no signs of abating amid the growth in the year ahead.
The Year Ahead: Beauty’s Cautious Recovery
After being hit significantly by the pandemic, all categories within the beauty sector are performing strongly. However, the sector’s competitive intensity shows no signs of abating amid the growth in the year ahead.
Beauty
The Beauty Industry Trends That Defined 2021
Makeup made a much-anticipated comeback as a slew of new celebrities launched brands and big box retailers continued to build up their beauty departments.
The Beauty Industry Trends That Defined 2021
Makeup made a much-anticipated comeback as a slew of new celebrities launched brands and big box retailers continued to build up their beauty departments.
China
How 2021 Changed China’s Fashion Market
BoF’s annual round-up of the forces that reshaped the world’s biggest fashion market over the last 12 months.
How 2021 Changed China’s Fashion Market
BoF’s annual round-up of the forces that reshaped the world’s biggest fashion market over the last 12 months.
Beauty
Blackstone Buys Majority Stake in Sunscreen Brand Supergoop
The deal values Supergoop at about $600 million to $700 million, people with knowledge of the matter said, asking not to be identified discussing private information.
Blackstone Buys Majority Stake in Sunscreen Brand Supergoop
The deal values Supergoop at about $600 million to $700 million, people with knowledge of the matter said, asking not to be identified discussing private information.
Global Markets
K-Beauty Giant Amorepacific Looks to Shift Gears In China
The group behind brands like Sulwhasoo, Etude House and Innisfree, is considering giving sales in the key market a much-needed boost by cutting back on physical stores and accelerating expansion of its premium offering and digital channels.
K-Beauty Giant Amorepacific Looks to Shift Gears In China
The group behind brands like Sulwhasoo, Etude House and Innisfree, is considering giving sales in the key market a much-needed boost by cutting back on physical stores and accelerating expansion of its premium offering and digital channels.
The News in Brief
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Allies of Skin’s Founder Nicolas Travis Has Resigned
The Singapore-based luxury skincare brand has also appointed Alicia Valencia as interim president.