Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
globalisation
Financial Markets
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
News & Analysis
Fashion World Faces New Normal
How will the rise of extremism, populism and protectionism impact the fashion industry and wider business world?
Retail
How Global Brands Are Thinking Local
Global retailers like Uniqlo, Lululemon and Nike are activating local communities with cultural programming, ‘superhero’ yogis and neighbourhood run clubs.
China
Hong Kong Luxury Migrating to Macau Along With Chinese Tourists
Macau, home to the world’s biggest gambling center, is trying to diversify its image by welcoming luxury-brand shoppers.
Luxury
Viva Milano! Viva Fashion! Viva Italy!
In Milan, a remarkable show of unity from Italy's fashion industry signals an important step forwards, but as Italian Prime Minister Matteo Renzi pointed out, the local industry must be open to change and innovation.
Global Markets
The Luxury Brand Balancing Act
Fashion’s luxury megabrands have long struck a delicate — and highly lucrative — balance between exclusivity and accessibility. But as digital media, globalisation and off-price retailing reshape the industry, are they in danger of losing the balance that made them so successful?
News & Analysis
Sonia Rykiel: Taking the Left Bank Global
Armed with investment and the creative charge of designer Julie de Libran, Sonia Rykiel’s chief executive plans to transform the high-potential Parisian house into a global powerhouse.
China
The Pain Trade: How Slumping Commerce Threatens Global Growth
The world’s biggest economies are finding it increasingly hard to trade their way out of trouble.
Global Markets
Where Will Growth Come From in 2015? Fashion CEOs Speak
BoF speaks to leading fashion CEOs to understand their 2015 growth priorities.
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
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.
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.