Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
digital-media
Media
Goop Hires Editor-in-Chief from Allure
Danielle Pergament is one of several new editorial recruits joining the content-and-commerce company, which plans to expand its fashion offering and collaborations.
Media
The BoF Podcast: Inside the Hearst Media Empire with David Carey
President of Hearst Magazines David Carey speaks to Imran Amed about the magazine industry’s state of flux, as well as the opportunities and challenges of leading the Hearst media empire.
Media
Bag Snob Launches Influencer Agency, Signs Diet Prada
Tina Craig, Suzanne Droese and Lynsey Eaton speak to BoF about launching 'Estate Five' and how they plan to redefine influencer management.
Media
Meet Fashion's First Computer-Generated Influencer
@lilmiquela wears Chanel, Prada and Supreme, works with fashion magazines and advocates for social change. Does it matter that she is a virtual avatar?
Media
Amy Odell Exits Hearst
Odell, who oversees Cosmopolitan.com, is leaving the publishing house and will be replaced by Marie Claire's site director Jessica Pels.
Financial Markets
Highsnobiety Raises $8.5 Million Venture Round
The influential streetwear site will use the new funding to scale its branded content, e-commerce and events businesses.
Media
Shares Fall After Facebook Changes News Feed to Deprioritise Publishers
Facebook said its new ranking system would hurt non-advertising content from publishers and brands, like news stories and viral video posts, but not change the ranking of advertising that has been paid for.
Financial Markets
L'Officiel and US Partner GEM Group Announce $50 Million Investment Fund
The partners will support global and emerging brands with capital and marketing support.
Media
Fast-Rising Business Publication Quartz Launches Lifestyle Play
Quartzy, which goes live Wednesday, will include expanded coverage of fashion and travel, offering a compelling harbour for luxury advertising.
Media
Paper Magazine Acquired by Tom Florio’s New Media Group
BoF can exclusively reveal that Florio and Paper’s Drew Elliott, together with strategic partner XRM Media, plan to invest in video and viral strategies while building off the magazine’s rich cultural history.
Media
Gossamer, a Media Brand for New Cannabis Culture
With its minimalist design and millennial POV, the venture is targeting a new generation of smokers with a ‘green lens’ on travel, food and culture.
News & Analysis
Top Executive Fired From Vox Media Amid Sexual Harassment Allegations
Following the release of the Shitty Media Men list, Vox Media’s editorial director and former Curbed CEO and founder Lockhart Steele has been
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.