Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
fragrance
Beauty
Why It’s So Hard for Fashion Retailers to Succeed in Beauty
It’s hard to break into beauty, on or offline, even if you’re owned by Amazon. As retailers from Trader Joe’s to Moda try to establish dominance in a category with endless points of distribution, it takes more than just populating your site or shelves with bottles and tubes of skin care to get shoppers to see you as a viable seller of beauty. It takes authority, and usually, exclusive focus (Sephora and Ulta Beauty aren’t trying to sell fashion, after all).
Why It’s So Hard for Fashion Retailers to Succeed in Beauty
It’s hard to break into beauty, on or offline, even if you’re owned by Amazon. As retailers from Trader Joe’s to Moda try to establish dominance in a category with endless points of distribution, it takes more than just populating your site or shelves with bottles and tubes of skin care to get shoppers to see you as a viable seller of beauty. It takes authority, and usually, exclusive focus (Sephora and Ulta Beauty aren’t trying to sell fashion, after all).
Beauty
Why Beauty Is the New ‘It-Bag’ for Luxury E-Commerce
Moda Operandi is launching beauty, the third luxury fashion site to enter the category in under a year.
Why Beauty Is the New ‘It-Bag’ for Luxury E-Commerce
Moda Operandi is launching beauty, the third luxury fashion site to enter the category in under a year.
Beauty
How Beauty Brands Are Preparing for 2023
As companies plan for another turbulent year, they are emphasising value, taking bigger retail bets and remaining optimistic.
How Beauty Brands Are Preparing for 2023
As companies plan for another turbulent year, they are emphasising value, taking bigger retail bets and remaining optimistic.
Beauty
The Best of BoF: Beauty’s Year of Change
In 2022, the rules of beauty changed. Neon yellow replaced millennial pink, TikTok became the social marker of success, and omnichannel became the only path for survival. Explore BoF’s in-depth features and analysis on these topics and other year-defining trends like colour cosmetics’ comeback and the rise of celebrity brands.
The Best of BoF: Beauty’s Year of Change
In 2022, the rules of beauty changed. Neon yellow replaced millennial pink, TikTok became the social marker of success, and omnichannel became the only path for survival. Explore BoF’s in-depth features and analysis on these topics and other year-defining trends like colour cosmetics’ comeback and the rise of celebrity brands.
Beauty
The Stockholm Fragrance Start-Up Smart Money Is Betting On
Haisam Mohammed, a son of Eritrean refugees, has turned the aromas wafting through the stairwells of Sweden’s high-rises into a perfume business now backed by Frame co-founder Erik Torstensson.
The Stockholm Fragrance Start-Up Smart Money Is Betting On
Haisam Mohammed, a son of Eritrean refugees, has turned the aromas wafting through the stairwells of Sweden’s high-rises into a perfume business now backed by Frame co-founder Erik Torstensson.
Beauty
Fragrance Industry Is a Luxury Standout as Demand Keeps Roaring
Global sales of high-end fragrances began to pick up during the pandemic and have been gathering steam during the past year.
Fragrance Industry Is a Luxury Standout as Demand Keeps Roaring
Global sales of high-end fragrances began to pick up during the pandemic and have been gathering steam during the past year.
Partner Content
How Experiential Retail Tactics Are Evolving and the Power of Scent
Last week, BoF and Integra Fragrances invited executives from the likes of Kering, Armani, Sunnei, Ginori and La Double J to discover how experiential retail is evolving and the growing significance of scent and sensory marketing.
How Experiential Retail Tactics Are Evolving and the Power of Scent
Last week, BoF and Integra Fragrances invited executives from the likes of Kering, Armani, Sunnei, Ginori and La Double J to discover how experiential retail is evolving and the growing significance of scent and sensory marketing.
Beauty
How Candles Explain What’s Happening in the Beauty Industry
As the candle category has boomed, the product now matters just as much as the branding around it — a sentiment reflected across beauty.
How Candles Explain What’s Happening in the Beauty Industry
As the candle category has boomed, the product now matters just as much as the branding around it — a sentiment reflected across beauty.
Beauty
Coty Beats Quarterly Revenue Estimates as Beauty Demand Sits Pretty
Coty Inc on Tuesday beat Wall Street estimates for quarterly revenue as higher prices and sturdy demand for its fragrances and cosmetics helped soften the hit from a strong US dollar and the company’s exit from Russia.
Coty Beats Quarterly Revenue Estimates as Beauty Demand Sits Pretty
Coty Inc on Tuesday beat Wall Street estimates for quarterly revenue as higher prices and sturdy demand for its fragrances and cosmetics helped soften the hit from a strong US dollar and the company’s exit from Russia.
Beauty
Estée Lauder Falls After Slashing Outlook on China Weakness
Estée Lauder sees net sales decreasing between 6 percent to 8 percent in the current fiscal year versus the year-ago period.
Estée Lauder Falls After Slashing Outlook on China Weakness
Estée Lauder sees net sales decreasing between 6 percent to 8 percent in the current fiscal year versus the year-ago period.
Beauty
Case Study | How to Build an Independent Beauty Brand
From fragrance to skin care to hair care, independent brands are making their mark on the beauty industry, but competition is stiff and scaling these businesses is more complex than ever.
Case Study | How to Build an Independent Beauty Brand
From fragrance to skin care to hair care, independent brands are making their mark on the beauty industry, but competition is stiff and scaling these businesses is more complex than ever.
Beauty
Spanish Retailer DIA Considers Sale of Clarel Perfume Stores
DIA last month agreed to sell 235 stores to French privately-owned retailer Auchan for an undisclosed amount.
Spanish Retailer DIA Considers Sale of Clarel Perfume Stores
DIA last month agreed to sell 235 stores to French privately-owned retailer Auchan for an undisclosed amount.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.