Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
footwear
Retail
Nike Tries to Ban Imports of Adidas Knit Shoes, Accusing It of Copying Designs
Nike Inc. is asking a US trade agency to block imports of a wide range of Adidas AG Primeknit shoes, saying they copy the Oregon company’s patented inventions for a knitted fabric that reduces waste without any loss in performance.
Nike Tries to Ban Imports of Adidas Knit Shoes, Accusing It of Copying Designs
Nike Inc. is asking a US trade agency to block imports of a wide range of Adidas AG Primeknit shoes, saying they copy the Oregon company’s patented inventions for a knitted fabric that reduces waste without any loss in performance.
Retail
The Year Ahead: Consumers to Reboot Wardrobes for Post-Pandemic Life
Consumers will reallocate wallet share across fashion categories as pent-up demand for newness intersects with more social freedoms. Companies should prepare for this shift by honing data-driven product development and adjusting their inventory mix.
The Year Ahead: Consumers to Reboot Wardrobes for Post-Pandemic Life
Consumers will reallocate wallet share across fashion categories as pent-up demand for newness intersects with more social freedoms. Companies should prepare for this shift by honing data-driven product development and adjusting their inventory mix.
China
A New Era for China’s $15 Billion Streetwear Market
Luxury brands, local labels, major exhibitions and digital platforms are driving a more complex and increasingly fragmented streetwear sector in China.
A New Era for China’s $15 Billion Streetwear Market
Luxury brands, local labels, major exhibitions and digital platforms are driving a more complex and increasingly fragmented streetwear sector in China.
Technology
Inside Adidas’ Billion-Dollar Digital Transformation
The German sneaker giant is investing for a new era of tech-enabled retail in a bid to close the gap with Nike.
Inside Adidas’ Billion-Dollar Digital Transformation
The German sneaker giant is investing for a new era of tech-enabled retail in a bid to close the gap with Nike.
Retail
Nike Delays Its Travis Scott Sneaker Release After Astroworld Concert Tragedy
Nike Inc. said it would postpone the release of a sneaker collaboration with rapper Travis Scott’s Cactus Jack label after a crowd crush resulted in the deaths of 10 people at his concert earlier this month.
Nike Delays Its Travis Scott Sneaker Release After Astroworld Concert Tragedy
Nike Inc. said it would postpone the release of a sneaker collaboration with rapper Travis Scott’s Cactus Jack label after a crowd crush resulted in the deaths of 10 people at his concert earlier this month.
Global Markets
Brazilian Footwear Giant Arezzo & Co’s Q3 Net Revenues Up 87%
Leading Brazilian footwear and accessories conglomerate Arezzo & Co saw third quarter net revenue reach 777.9 million Brazilian reais ($141 million),
Brazilian Footwear Giant Arezzo & Co’s Q3 Net Revenues Up 87%
Leading Brazilian footwear and accessories conglomerate Arezzo & Co saw third quarter net revenue reach 777.9 million Brazilian reais ($141 million),
Retail
Sneaker Brand Allbirds Tops IPO Goal to Raise $303 Million
Shoemaker Allbirds Inc. expanded an initial public offering and priced the shares above a marketed range to raise $303 million.
Sneaker Brand Allbirds Tops IPO Goal to Raise $303 Million
Shoemaker Allbirds Inc. expanded an initial public offering and priced the shares above a marketed range to raise $303 million.
Retail
Eco-Friendly Washable Shoe Brand Rothy’s Seeks Fresh Funding
Rothy’s Inc., a direct-to-consumer footwear brand, is in discussions to raise funding that could value it at more than $1 billion, according to people with knowledge of the matter.
Eco-Friendly Washable Shoe Brand Rothy’s Seeks Fresh Funding
Rothy’s Inc., a direct-to-consumer footwear brand, is in discussions to raise funding that could value it at more than $1 billion, according to people with knowledge of the matter.
Retail
Allbirds Targets $2 Billion Valuation in New York IPO
The direct-to-consumer footwear brand announced on Monday that it will offer 19.2 million shares priced between $12 and $14 per share.
Allbirds Targets $2 Billion Valuation in New York IPO
The direct-to-consumer footwear brand announced on Monday that it will offer 19.2 million shares priced between $12 and $14 per share.
Luxury
How Golden Goose Made Scuffed-Up Sneakers as Profitable as Chanel
The Italian brand occupies a lucrative niche with its distressed Americana-style trainers. Now, CEO Silvia Campara is betting on a strategy rooted in ‘co-creation’ to take the brand to new heights.
How Golden Goose Made Scuffed-Up Sneakers as Profitable as Chanel
The Italian brand occupies a lucrative niche with its distressed Americana-style trainers. Now, CEO Silvia Campara is betting on a strategy rooted in ‘co-creation’ to take the brand to new heights.
Direct-to-Consumer
Warby Parker and Wall Street’s Verdict On DTC
Warby Parker’s stock market performance will test if investors buy into the direct-to-consumer playbook of prioritising growth over profit.
Warby Parker and Wall Street’s Verdict On DTC
Warby Parker’s stock market performance will test if investors buy into the direct-to-consumer playbook of prioritising growth over profit.
Luxury
The Business Vision Behind Balenciaga’s ‘New Era’
From a couture revival to winning the Met Gala, the Kering-owned brand is white-hot. Ahead of its buzzed-about Paris Fashion Week show Saturday, CEO Cedric Charbit speaks to BoF about the strategy behind ‘new era’ Balenciaga and his plan for pushing sales to the next level.
The Business Vision Behind Balenciaga’s ‘New Era’
From a couture revival to winning the Met Gala, the Kering-owned brand is white-hot. Ahead of its buzzed-about Paris Fashion Week show Saturday, CEO Cedric Charbit speaks to BoF about the strategy behind ‘new era’ Balenciaga and his plan for pushing sales to the next level.
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.