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.
investing
Financial Markets
The Little-Known Owner of Juicy Couture Is on an Acquisition Spree
Authentic Brands Group, the little-known name behind such well-known apparel labels as Juicy Couture and Tapout, is gobbling up brands through acquisitions and asserting itself as a force in the apparel world.
The Little-Known Owner of Juicy Couture Is on an Acquisition Spree
Authentic Brands Group, the little-known name behind such well-known apparel labels as Juicy Couture and Tapout, is gobbling up brands through acquisitions and asserting itself as a force in the apparel world.
Retail
Wal-Mart Eyes Amazon in Potentially Costly E-Commerce Battle
Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points.
Wal-Mart Eyes Amazon in Potentially Costly E-Commerce Battle
Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points.
Financial Markets
Ascena Agrees to Buy Ann Taylor Owner for $2.16 Billion
Ascena Retail Group Inc. agreed to buy Ann Inc. for about $2.16 billion, adding the Ann Taylor and Loft chains to its collection of women’s apparel brands.
Ascena Agrees to Buy Ann Taylor Owner for $2.16 Billion
Ascena Retail Group Inc. agreed to buy Ann Inc. for about $2.16 billion, adding the Ann Taylor and Loft chains to its collection of women’s apparel brands.
Global Markets
Op-Ed | Approach Africa with a New Mindset
For Africa to attract the investment it needs, the fashion world needs to let go of some myths and misconceptions about the continent, says Liya Kebede.
Op-Ed | Approach Africa with a New Mindset
For Africa to attract the investment it needs, the fashion world needs to let go of some myths and misconceptions about the continent, says Liya Kebede.
Technology
Bits & Bytes | Startups, VFiles, 3D Printing, Warby Parker
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Startups, VFiles, 3D Printing, Warby Parker
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Retail
Authentic Brands Adds Jones New York to Portfolio
Authentic Brands Group says it will add Jones New York to its portfolio of women's fashion brands.
Authentic Brands Adds Jones New York to Portfolio
Authentic Brands Group says it will add Jones New York to its portfolio of women's fashion brands.
Financial Markets
Online Fashion Marketplace Poshmark Raises $25 Million Funding Round
The fashion marketplace announced on Tuesday that it has raised $25 million in venture funding, bringing its total funding to $47.2 million.
Online Fashion Marketplace Poshmark Raises $25 Million Funding Round
The fashion marketplace announced on Tuesday that it has raised $25 million in venture funding, bringing its total funding to $47.2 million.
Financial Markets
Indonesia's Lippo Appoints Banks for $200 Million E-Commerce Funding
Lippo Group has appointed Credit Suisse and Bank of America Merrill Lynch to lead its first round of funding, worth $200 million, for its e-commerce push.
Indonesia's Lippo Appoints Banks for $200 Million E-Commerce Funding
Lippo Group has appointed Credit Suisse and Bank of America Merrill Lynch to lead its first round of funding, worth $200 million, for its e-commerce push.
Financial Markets
Online Luxury Reseller RealReal Raises $40 Million in Funding
The RealReal built a $100 million business around second-hand Chanel flap bags and lightly scuffed Christian Louboutin pumps. Now it wants to double in size using a new injection of venture funding.
Online Luxury Reseller RealReal Raises $40 Million in Funding
The RealReal built a $100 million business around second-hand Chanel flap bags and lightly scuffed Christian Louboutin pumps. Now it wants to double in size using a new injection of venture funding.
Financial Markets
Yoox Revives Talks With Richemont on Net-a-Porter Combination
Yoox SpA, the Italian online fashion retailer, said it has revived talks with Cie. Financiere Richemont SA over a possible link-up with the Swiss company’s Net-a-Porter unit.
Yoox Revives Talks With Richemont on Net-a-Porter Combination
Yoox SpA, the Italian online fashion retailer, said it has revived talks with Cie. Financiere Richemont SA over a possible link-up with the Swiss company’s Net-a-Porter unit.
Financial Markets
Peter Pilotto Raises First Investment
BoF can exclusively reveal that womenswear label Peter Pilotto has secured investment from MH Luxe and Megha Mittal. BoF sits down with designers Peter Pilotto and Christopher de Vos to find out how the duo pushed beyond prints to build one of London’s most successful young fashion businesses.
Peter Pilotto Raises First Investment
BoF can exclusively reveal that womenswear label Peter Pilotto has secured investment from MH Luxe and Megha Mittal. BoF sits down with designers Peter Pilotto and Christopher de Vos to find out how the duo pushed beyond prints to build one of London’s most successful young fashion businesses.
Financial Markets
Hugo Boss $2.7 Billion Return is the Biggest for Permira
Fashion retailer Hugo Boss, an investment emblematic of the difficulties facing its private-equity owner Permira Advisers during the financial crisis, proved to be one of the company’s biggest winners of recent years.
Hugo Boss $2.7 Billion Return is the Biggest for Permira
Fashion retailer Hugo Boss, an investment emblematic of the difficulties facing its private-equity owner Permira Advisers during the financial crisis, proved to be one of the company’s biggest winners of recent years.
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.