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.
diversity
Marketing
Victoria's Secret Can Still Save Itself. Here's Where It Should Start.
The troubled lingerie brand has announced that it will no longer broadcast its fashion show on American network television. That’s a good first step, but more changes are needed to win back customers.
News & Analysis
This New Tool Will Help Brands Make Advertising More Inclusive
"While more commercials are depicting a broader scope of gender identity, race, and sexual orientation, diversity behind the scenes is still
News & Analysis
Fashion’s Gender Pay Gap Isn’t Getting Any Smaller
Data published this week in the UK revealed a stubborn gap between what men and women earn at fashion brands and retailers, with Farfetch, Missguided, Karen Millen and Asos among the companies reporting large disparities favouring male employees.
News & Analysis
Beauty’s Inclusivity Movement Has Sparked a Shade-Matching Arms Race
Brands are scrambling to develop a diverse range of foundation pigments so they can tout their inclusivity, but there's a new problem: how do these labels ensure their customers find the right shade?
News & Analysis
L Brands Investor Pushes for Victoria's Secret Spinoff
The hedge fund also suggested that the role of chairman and chief executive be held by separate individuals, an increasingly popular demand among investors pushing for operational reform.
News & Analysis
Business Giants to Report Ethnicity Pay Gap
"The move comes almost a year since firms were required to report their gender pay gap."
News & Analysis
Following 'Noose' Hoodie Controversy, Burberry Announces New Diversity and Inclusivity Initiatives
"The distress we caused with one of our products last week has shown us that we are not where we need or want to be."
News & Analysis
Black Design Collective Launched to Address Inequality in Fashion
"The fashion industry is often criticised for a lack in diversity, but a new organisation aims to address that."
Luxury
Prada Mounts Diversity Council as Brands Face Blackface Backlash
African-American artists Theaster Gates and Ava DuVernay will chair a group created to 'elevate voices of colour' and advise on diversity issues.
News & Analysis
Gucci Pulls Sweater Slammed for Resembling Blackface Imagery
The Italian luxury label apologised for selling the $890 black turtleneck, whose extra-high collar features a pair of exaggerated red lips around an opening for the wearer’s mouth.
News & Analysis
The BoF Podcast: Bethann Hardison, Kerby Jean-Raymond, LaQuan Smith and Patrick Robinson: ‘We’ve Had Diversity, but Then It Disappeared’
The creatives spoke about the barriers that black designers face and how a new generation is finding success outside the fashion system.
Workplace & Talent
Stephanie Phair on Nurturing Fashion’s Future Female Leaders
Farfetch’s chief strategy officer and BFC chair Stephanie Phair shares her insight on how fashion can better support gender diversity within the workplace.
The News in Brief
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.
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).