Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
hair-care
Beauty
The Business of Beauty Haul of Fame: A Vibe Check for Sustainable Brands
Will they fare better than sustainable fashion labels?
Beauty
Sephora To Withdraw From Korea
The LVMH-owned beauty retailer will cease all local operations in Korea beginning May 6.
Beauty
Beauty’s Biggest Players Are on Fire — With One Exception
Speed, innovation, hero brands and young shoppers prove to be top levers in this week earnings.
Beauty
Celebrity Hair Stylist James Pecis Debuts Hair Care Brand
The line, Blu & Green, uses plastic-free packaging, and will be available on the brand’s e-commerce site on Monday.
Beauty
Gisou Opens Harrods Pop-Up
The Dazzling Honey Glow Pop Up at London’s Harrods will be open until Jan. 2.
Beauty
The Business of Beauty Haul of Fame: The Public Becomes Private
Under eye patches make their case for out of the house attire, and Sofia Richie Grainge plots a beauty line.
Beauty
How to Build a Beauty Brand That Lasts for Generations
To build a business that lasts, brands must appeal to more than their original core demographic. Behemoths like Nike and Apple have done so — but makeup, skin care and hair lines have had less luck.
Partner Content
The Future of Indian Beauty and the Next Generation of India-Focused Beauty Founders, Innovators and Creators
At the second annual BEAUTY&YOU India Awards, created by The Estée Lauder Companies’ New Incubation Ventures in partnership with Nykaa, nine brands and creatives representing the future of Indian beauty, innovation and creativity were awarded cash grants and mentorship. BoF also hosted a series of panel talks with some of India’s most celebrated creatives and entrepreneurs, including Katrina Kaif, Lakshmi Menon, Bandana Tewari, Anaita Shroff Adajania, Diipa Büller-Khosla, Masaba Gupta and Anita Lal.
Beauty
Olaplex’s Sales Continue to Plunge
The bond building leader reported a 30 percent decline in net sales in the third quarter ending Sept. 30.
Beauty
Thousands of Black Women Claim Hair Relaxers Gave Them Cancer
Following a study by the US National Institutes of Health associating hair relaxer use with uterine cancer, over 7000 lawsuits have been filed against companies like L’Oreal and Revlon.
Beauty
The Business of Beauty Haul of Fame: This Makeup Artist Drives Pop Music
From Glossier-themed Bat Mitzvahs to the return of tramp stamps, the week in beauty news.
Beauty
Francisco Costa Plans to Buy Back Costa Brazil
The bid came in a filing tied to bankruptcy proceedings for Amyris, which closed the brand in August.
The News in Brief
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.
Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.
Novo Nordisk Looks to Target Hair Loss in Consumer Push
The maker of Ozempic and Wegovy seeks to expand its direct-to-consumer pharmaceutical business as rival Eli Lilly outpaces in weight-loss drugs.
On Targets High-Teens Growth Through 2029
The Swiss brand revealed its plan to keep up its momentum with new products in sports such as golf and its Mbappé-supported entry into football ahead of its investor day Tuesday.
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.