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.
diversity
Workplace & Talent
How to Create More Inclusive Recruitment Processes — Download the White Paper
BoF talks to 8 global experts to learn how fashion companies can help create a more diverse and inclusive workforce by overhauling their hiring practices.
Retail
Can Black Designers Break Through with Key Retailers?
This season, Black designers are finding that buyers at sought-after stores are more eager to stock their brands, though many of the barriers that have kept Black-led labels from key retailers remain in place.
Workplace & Talent
Victor Glemaud Unveils New Network for Black Creatives in Fashion
The organisation, called In the Blk, offers members from all over the world mentorship, community and various business resources.
Entrepreneurship
Fashion Executives Form Mentorship Organisation for Black Founders and Professionals
RaiseFashion, a not-for-profit group led by retail and fashion leaders, will offer free consulting for Black-owned brands and industry professionals seeking advice on everything from supply chain to marketing.
News & Analysis
Live Masterclass: How to Become a Diversity and Inclusion Change Agent
What does it take to actually increase diversity and deepen inclusivity in fashion? In this special BoFLIVE masterclass, diversity and inclusion expert Dr Derrick Gay outlines best practices and pitfalls in fostering a more equitable industry.
Workplace & Talent
Op-Ed | A Black Fashion Executive Endures Subtle Racism for a Seat at the Table
Kevin Fegans recalls how he was forced to ignore microaggressions and compartmentalise his feelings on race relations in order to pursue his career aspirations.
Fashion Week
The BoF Podcast: Imran Amed and Tim Blanks on Where Fashion Goes From Here
This week on Inside Fashion, the BoF tag team discuss the state of an industry in flux, digital pivots and the future of fashion shows.
Workplace & Talent
The BoF Podcast: Aniyia Williams on Why Self-Examination Is Critical to Dismantling Racism in Fashion
The entrepreneur talks to BoF’s Imran Amed on finding blind spots and difficult conversations.
Workplace & Talent
Black Fashion Industry Leaders Want to Move From Cancel Culture to Accountability With New Coalition
A group co-founded by Lindsay Peoples Wagner and Sandrine Charles will partner with companies to advance Black professionals and release a yearly index score measuring diversity.
Workplace & Talent
When Your Corporate Diversity Strategy Isn’t Enough
Activists, employees and a growing subset of the public are calling for more than standard-issue ‘D&I’ programs. What do companies need to do?
Workplace & Talent
The BoF Podcast: June Sarpong Says Fashion’s Gatekeepers Need to Start Thinking Differently About Diversity
June Sarpong shares her advice on how organisations can improve their diversity and inclusive representation, and effectively champion allyship.
Marketing
Fixing the Whitewashed Influencer Economy
BoF breaks down the system of pay gaps, racist exclusion and algorithms that keep black influencers from excelling — and what needs to happen to make it stop.
The News in Brief
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.
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.
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.