Coty Tops Estimates on Prestige Brands Boost Amid Turnaround
The US cosmetics conglomerate said launches from Marc Jacobs and Burberry helped boost revenues, though its full-year guidance is below consensus.
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News & Analysis
#BoFLIVE: Is This the End of the American Mall?
It’s been a turbulent month for American retailers, which sets up the prospect of a domino effect that ripples through malls, hundreds of which have already closed over the last decade.
News & Analysis
#BoFLIVE: Taking Stock of the M&A Market
Private equity firms, mega retailers and strategic groups that emerge from the crisis with cash to spare will be on the hunt. But what will they be buying?
News & Analysis
#BoFLIVE: American Retail's Reckoning with Millard Drexler
The New York-based ‘merchant prince’ joins Imran Amed in a conversation about the future of the global economy and where the fashion and luxury industry is headed.
News & Analysis
#BoFLIVE: Tim's Take With Marc Jacobs
BoF Editor-at-Large Tim Blanks speaks to decorated American designer Marc Jacobs about finding inspiration under quarantine.
News & Analysis
#BoFLIVE: What Does Reopening Look Like in China?
As countries in the West prepare for lifted lockdowns, BoF examines how China's economy has fared, and what it means for the global fashion industry.
News & Analysis
#BoFLIVE: Brand Marketing in the Age of COVID-19
A live discussion and audience Q&A where industry leaders share their best practises for communicating and connecting with customers when buying clothes isn't a top priority.
News & Analysis
#BoFLIVE: The State of Fashion 2020 — Coronavirus Update with Cindy Gallop
The advertising consultant joins BoF Editor-in-Chief Imran Amed in a conversation about the innovation imperative for companies wanting to mitigate the damage of the pandemic.
News & Analysis
#BoFLIVE: Tim's Take with Jonathan Anderson
BoF Editor-at-Large Tim Blanks talks to one of the industry’s most feted British designers, who helms both his eponymous label and LVMH-owned luxury label Loewe.
News & Analysis
#BoFLIVE: The Beauty Opportunity
A live discussion and audience Q&A on the new, surprising opportunities that have arisen in the beauty industry from a time filled with roadblocks and challenges.
News & Analysis
#BoFLIVE: The State of the Direct-to-Consumer Market
A live discussion and audience Q&A on what will face online brands post-Covid 19. What will investors be looking for? What's happening to valuations? And where does the opportunity lie?
News & Analysis
#BoFLIVE: The Next Wave of Luxury E-Commerce
A live discussion and audience Q&A on what's next for luxury retail as once-groundbreaking multi-brand giants face significant changes in consumer behaviour — and a growing, diverse stable of competitors.
News & Analysis
#BoFLIVE: What Will the Store of the Future Look Like?
A live discussion and audience Q&A on the drastic changes and transformations that physical retail is undergoing in the age of coronavirus, exclusively for BoF Professional Members.
The News in Brief
E.l.f. Beauty Sales Lift 51%
The US cosmetics giant raised its full-year sales outlook to over $2 billion as Rhode’s global expansion continues to power its revenue growth.
Shein Invests €500 Million in Europe as Customs Rules Tighten
The online retailer said it will expand its logistics hub in Poland as it grapples with stricter customs regulations in Europe.
Remington Owner Spectrum Makes Unsolicited Push to Buy Helen of Troy
The owner of consumer brands like George Foreman and Remington said it has made multiple offers to buy the publicly listed parent company of Olive and June, Drybar and Hydro Flask.
PAI Partners to Acquire Elemis from L’Occitane
The French private equity group announced on Wednesday that it will buy the UK skin and body care brand for an undisclosed sum.
Estée Lauder Sets 2030 Growth, Margin Targets as Turnaround Advances
At its capital markets event in Shanghai, leadership said it aims to deliver mid-single-digit organic net sales growth through fiscal 2030, and unveiled a new cost-cutting and strategic roadmap.
Nykaa Quarterly Profit Nearly Triples on Beauty Demand, Margin Gains
The Indian beauty retailer said on Wednesday its second-quarter profit nearly tripled, as improved operating efficiency and strong demand for premium beauty products boosted margins.
Report: CVS Plans to Break Up Healthcare Conglomerate
The US retailer is planning to spin off its pharmacy business in what would be one of the biggest-ever breakups in the healthcare industry, according to reports.