H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.

BoF sits down with Armani Beauty’s global makeup artist to hear how she utilises creativity, pushing the boundaries of the beauty industry.
The award-winning educational programme Lead, created by Rolfs Global Institute and powered by L’Oréal USA, is designed to provide accelerated and affordable pathways to higher education for beauty professionals. Now, BoF speaks to founder and CEO Francis Tesmer and three of its graduates to learn how Lead is shaping the future for beauty professionals.

Makeup and skincare brand Inglot is ramping up its distribution strategy as it leans into its core value of delivering scientific, research-driven skincare and makeup products. BoF sits down with its newly-appointed CEO to learn more.

Beauty brand incubator Luxury Brand Partners, owner of the premium cosmetics and hair care lines, has tapped The Sage Group to suss out their options. By getting to this stage, they’ve reached a tier many incubated brands don’t.

Will they fare better than sustainable fashion labels?

The LVMH-owned beauty retailer will cease all local operations in Korea beginning May 6.

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.

The finalists will be invited to pitch their business plans on November 2 to an esteemed jury including Bollywood actor and beauty entrepreneur Katrina Kaif and fashion designer Gaurav Gupta.

As strategics like Unilever and L’Oréal divest from once-core lines, a more selective approach to M&A is underway.

After testing the waters in local retailers, the Shiseido-owned makeup line will debut a standalone location.

BoF shares product and consumer insights on the growth potential of India’s beauty and personal care market, from a new report by The Estée Lauder Companies’ BEAUTY&YOU program in partnership with 1Lattice.

The make-up wunderkind and BoF 500 cover star is growing a beauty brand that’s less about prettification and more about ‘world building’ for a generation that grew up with the speed and fluidity of the internet.
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
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.
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.’
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.’
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.
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.
The maker of Ozempic and Wegovy seeks to expand its direct-to-consumer pharmaceutical business as rival Eli Lilly outpaces in weight-loss drugs.
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.