Another Lululemon Executive Exits Ahead of Incoming CEO
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
cosmetics
Beauty
Coty's Sales Beat Wall Street Expectations
The cosmetics company's net revenue fell to $2.35 billion, surpassing analysts' estimates amid its turnaround attempt.
Coty's Sales Beat Wall Street Expectations
The cosmetics company's net revenue fell to $2.35 billion, surpassing analysts' estimates amid its turnaround attempt.
Luxury
What Will Vetements Be Like Without Demna?
This week, everyone will be talking about the men's shows at Paris Fashion Week, an agreement to end the US-China trade war and Fenty Beauty's first mascara. Get your BoF Professional Cheat Sheet.
What Will Vetements Be Like Without Demna?
This week, everyone will be talking about the men's shows at Paris Fashion Week, an agreement to end the US-China trade war and Fenty Beauty's first mascara. Get your BoF Professional Cheat Sheet.
Financial Markets
Lion Capital Considers Sale of Perricone MD
The London-based private equity firm is reportedly courting the potential sale of the skincare brand that could generate more than $200 million.
Lion Capital Considers Sale of Perricone MD
The London-based private equity firm is reportedly courting the potential sale of the skincare brand that could generate more than $200 million.
Beauty
Elf Shares Climb as It Boosts Revenue Outlook
The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million.
Elf Shares Climb as It Boosts Revenue Outlook
The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million.
Beauty
Coty Revenue Misses Wall Street Expectations
The cosmetics company reported a 9.7 percent decrease in revenue following a drop in demand for makeup products and the rise of minimalistic looks.
Coty Revenue Misses Wall Street Expectations
The cosmetics company reported a 9.7 percent decrease in revenue following a drop in demand for makeup products and the rise of minimalistic looks.
Beauty
L'Oréal Beats Sales Forecasts as Growth Picks up in Third Quarter
Sales were up 11 percent to €7.18 billion as the cosmetics giant retained momentum the key Asian market, despite turmoil in Hong Kong.
L'Oréal Beats Sales Forecasts as Growth Picks up in Third Quarter
Sales were up 11 percent to €7.18 billion as the cosmetics giant retained momentum the key Asian market, despite turmoil in Hong Kong.
Beauty
L’Oréal Hit With $350 Million French Tax Charge
The world's biggest beauty manufacturer gave no further details about the basis of the dispute.
L’Oréal Hit With $350 Million French Tax Charge
The world's biggest beauty manufacturer gave no further details about the basis of the dispute.
News & Analysis
Cosmetics Heir Jane Lauder Joins World’s 500 Richest People
Lauder’s net worth rose $1.5 billion this year, bringing her fortune to $4.3 billion.
Cosmetics Heir Jane Lauder Joins World’s 500 Richest People
Lauder’s net worth rose $1.5 billion this year, bringing her fortune to $4.3 billion.
Beauty
Estee Lauder Forecasts a Robust Fiscal 2020 After Beating Estimates
The company said its predictions account for geopolitical issues such as Hong Kong protests, Britain's impending exit from the EU and the China-US trade war.
Estee Lauder Forecasts a Robust Fiscal 2020 After Beating Estimates
The company said its predictions account for geopolitical issues such as Hong Kong protests, Britain's impending exit from the EU and the China-US trade war.
Beauty
Natura Q2 Profit More Than Doubles, Beating Estimates
The Brazilian cosmetics group, which counts Aesop and The Body Shop among its brands, posted net revenue of 3.4 billion reais, up 9.8 percent from the previous year.
Natura Q2 Profit More Than Doubles, Beating Estimates
The Brazilian cosmetics group, which counts Aesop and The Body Shop among its brands, posted net revenue of 3.4 billion reais, up 9.8 percent from the previous year.
Beauty
Beiersdorf Confirms 2019 Outlook Despite Nivea's Slowing Growth
Mass-market labels like Nivea are struggling amid the rise of small, disruptive brands and consumer demand for premium products, prompting Beiersdorf to push pricier lines like La Prairie and Eucerin.
Beiersdorf Confirms 2019 Outlook Despite Nivea's Slowing Growth
Mass-market labels like Nivea are struggling amid the rise of small, disruptive brands and consumer demand for premium products, prompting Beiersdorf to push pricier lines like La Prairie and Eucerin.
Beauty
Beauty's Giant Glitter Problem
Growing consumer demand for the sparkly substance comes with steep environment cost. Could a biodegradable alternative be the answer?
Beauty's Giant Glitter Problem
Growing consumer demand for the sparkly substance comes with steep environment cost. Could a biodegradable alternative be the answer?
The News in Brief
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.
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.