Beauty and Home Care Drive Unilever Sales, Food Unit Falters
The UK conglomerate raised its annual volume growth forecast on beauty, personal and home care demand, despite a lagging food sector and the impact of geopolitical conflict on costs.
digital
Technology
Bits & Bytes | The Luxury Smartwatch Boom, Over a Quarter of US Apparel Is Sold Online
This week, the Apple Watch's success has created a successful luxury smartwatch niche, while a new report sees apparel sales increase online.
Financial Markets
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Technology
Bits & Bytes | Inside Amazon’s Private Labels, The Supreme Court E-Commerce Tax
This week, a Supreme Court decision challenges the status of e-commerce retailers, while Amazon quietly promotes its in-house products to consumers.
News & Analysis
States Can Collect Sales Taxes from Online Retailers
The US Supreme Court ruled that states can collect sales tax on internet purchases in a victory for brick-and-mortar retailers.
China
Chinese Shoppers Can’t Get Enough of ‘Haitao’
Start-ups are disrupting China's booming $125 billion cross-border e-commerce trade, providing an alternative to giant platforms accused of manipulating traffic, to force brands into exclusive partnerships.
News & Analysis
Mary Meeker's Internet Trends Report: New Online Users Are Getting Harder to Find
The smartphone business is not growing anymore, according to this year’s installment of Mary Meeker’s much-lauded annual tech industry report.
Technology
Decoding LVMH’s Digital Strategy
The world’s largest luxury group is finally focused on digital. Does it need to think bigger?
News & Analysis
Poshmark Hits New Milestone as Sellers Make $1 Billion
Sellers on the online marketplace make a sale every second and upload $100 million of inventory weekly.
Technology
Is Video the Future of Online Shopping?
While platforms like YouTube don’t have integrated e-commerce, video-streaming apps in China, and now the West, are driving more and more sales.
Beauty
Tmall Boosts Dior, YSL Beauty Brands in China
While mass brands have an edge on China’s Tmall in terms of search visibility, prestige labels can fight back by investing in the right areas, according to a new report by research firm L2.
Retail
Can LVMH Disrupt Itself?
The world’s largest luxury group has been slow to seize the digital opportunity. Now, it’s trying to disrupt itself before it’s disrupted by others.
News & Analysis
Even Comme des Garçons Is Launching a Direct-to-Consumer Brand
"What does it mean that a brand like Comme is getting into the online-only business?"
The News in Brief
Carlos Nazario Appointed Editor in Chief of Wonderland
The fashion editor and stylist is reuniting with longtime collaborator Alastair McKimm, chief creative officer of Wonderland parent Visual Talent Ltd.
Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Zegna to Take Summer Fashion Show to Beijing
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.
Audemars Piguet to Certify Its Pre-Owned Watches Following Rolex
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.