Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
earnings
Beauty
Coty Stares Into a Gucci-less Void
L’Oréal is set to take over the coveted Gucci license in a few short years, but losing a key brand is just one of the US conglomerate’s woes.
Coty Stares Into a Gucci-less Void
L’Oréal is set to take over the coveted Gucci license in a few short years, but losing a key brand is just one of the US conglomerate’s woes.
Beauty
Coty Revenues Drop 6%, Forecasts Second-Quarter Sales at Top End of Guidance
The American cosmetics giant said demand for core fragrances from Chloé and Hugo Boss had insulated it from a further decline, and expects a return to growth in the second half of its fiscal year.
Coty Revenues Drop 6%, Forecasts Second-Quarter Sales at Top End of Guidance
The American cosmetics giant said demand for core fragrances from Chloé and Hugo Boss had insulated it from a further decline, and expects a return to growth in the second half of its fiscal year.
Beauty
E.l.f. Beauty Shares Plunge as Sales Fall Short
The company projects over $1.5 billion in sales for the fiscal year, citing Rhode’s record-breaking Sephora performance.
E.l.f. Beauty Shares Plunge as Sales Fall Short
The company projects over $1.5 billion in sales for the fiscal year, citing Rhode’s record-breaking Sephora performance.
Beauty
Novo Cuts Outlook Once Again, Highlighting Obesity Struggles
The Ozempic and Wegovy maker pared its forecast for a fourth time this year on lagging sales of its blockbuster drugs, underscoring the urgency facing its new chief executive.
Novo Cuts Outlook Once Again, Highlighting Obesity Struggles
The Ozempic and Wegovy maker pared its forecast for a fourth time this year on lagging sales of its blockbuster drugs, underscoring the urgency facing its new chief executive.
Luxury
Michael Kors Parent Capri Tops Quarterly Revenue Estimate
Capri Holdings surpassed second-quarter revenue estimates and announced a $1 billion share repurchase program.
Michael Kors Parent Capri Tops Quarterly Revenue Estimate
Capri Holdings surpassed second-quarter revenue estimates and announced a $1 billion share repurchase program.
Global Markets
Worldview | Omoyemi Akerele Takes Lagos Fashion Week to the Next Level
This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.
Worldview | Omoyemi Akerele Takes Lagos Fashion Week to the Next Level
This week’s round-up of global markets fashion business news also features South Korean exports, Egyptian textile factories and Mexico’s luxury department stores.
Retail
Primark Could Be Split From AB Foods’ Other Operations, Company Says
Associated British Foods is considering separating its Primark fashion chain from its food businesses after reporting a 13 percent drop in full-year profit.
Primark Could Be Split From AB Foods’ Other Operations, Company Says
Associated British Foods is considering separating its Primark fashion chain from its food businesses after reporting a 13 percent drop in full-year profit.
Beauty
What Next for Kenvue’s Beauty Brands?
The future of big-name brands like Neutrogena, Clean & Clear and Aveeno, which bring more than $4 billion a year in sales, is less clear under its new ownership by the tissue and feminine care giant Kimberly-Clark.
What Next for Kenvue’s Beauty Brands?
The future of big-name brands like Neutrogena, Clean & Clear and Aveeno, which bring more than $4 billion a year in sales, is less clear under its new ownership by the tissue and feminine care giant Kimberly-Clark.
Beauty
Estée Lauder Is Growing Again. Now Comes the Hard Part.
The US giant handily beat expectations and its own guidance in its latest earnings, but softness in the US and its hair and makeup businesses show it can’t take its foot off the gas yet.
Estée Lauder Is Growing Again. Now Comes the Hard Part.
The US giant handily beat expectations and its own guidance in its latest earnings, but softness in the US and its hair and makeup businesses show it can’t take its foot off the gas yet.
Beauty
Puig Warns of ‘Softer’ Fragrance Market, Sales Increase 6.1%
The Spanish owner of Byredo and Charlotte Tilbury saw a huge uptick in its makeup unit and the Asia Pacific market, but its fragrance division and sales in the US were more muted.
Puig Warns of ‘Softer’ Fragrance Market, Sales Increase 6.1%
The Spanish owner of Byredo and Charlotte Tilbury saw a huge uptick in its makeup unit and the Asia Pacific market, but its fragrance division and sales in the US were more muted.
Beauty
Estée Lauder Beats Quarterly Estimates on Robust Growth in Fragrances
The Estée Lauder Companies beat Wall Street estimates for first-quarter sales and profit on Thursday on strong demand for its Le Labo and Tom Ford fragrances and an uptick in China demand.
Estée Lauder Beats Quarterly Estimates on Robust Growth in Fragrances
The Estée Lauder Companies beat Wall Street estimates for first-quarter sales and profit on Thursday on strong demand for its Le Labo and Tom Ford fragrances and an uptick in China demand.
Retail
EBay’s Holiday-Quarter Profit Forecast Disappoints
The company beat third-quarter revenue and profit estimates but its share price fell due to macroeconomic uncertainty and the end of de minimis tariff exemptions.
EBay’s Holiday-Quarter Profit Forecast Disappoints
The company beat third-quarter revenue and profit estimates but its share price fell due to macroeconomic uncertainty and the end of de minimis tariff exemptions.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.