Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
investment
Retail
Executive Memo | How to Cut Costs While Investing for the Future
Fashion is facing a crunch as consumers grow more cautious and the full impact of tariffs comes into view. Brands and retailers need to cut their expenses, but they can’t stop investing towards the future if they want to win in the long-term.
Executive Memo | How to Cut Costs While Investing for the Future
Fashion is facing a crunch as consumers grow more cautious and the full impact of tariffs comes into view. Brands and retailers need to cut their expenses, but they can’t stop investing towards the future if they want to win in the long-term.
Global Markets
Worldview | Kering’s Bet on Chinese Gold Jewellery
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
Worldview | Kering’s Bet on Chinese Gold Jewellery
This week’s round-up of global markets fashion business news also features India’s strategic footwear expansion and Fashion Asia Hong Kong’s latest edition.
Luxury
Hermès Billionaires’ Family Office Quietly Starts New Offshoot
A three-year-old family office backed by Europe’s wealthiest family is laying the groundwork for acquiring additional assets outside their luxury behemoth.
Hermès Billionaires’ Family Office Quietly Starts New Offshoot
A three-year-old family office backed by Europe’s wealthiest family is laying the groundwork for acquiring additional assets outside their luxury behemoth.
Luxury
Despite Art Market Lull, Art Basel Still Delivers for Miami Beach
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Despite Art Market Lull, Art Basel Still Delivers for Miami Beach
Art Basel Miami Beach is the biggest art fair in the US and has emerged as a year-end, pre-holiday retreat for corporate leaders of all stripes.
Retail
Korean Fashion Retailer Musinsa Seeking $6.8 Billion Valuation With IPO
The KKR-backed group has tapped Citigroup and JPMorgan as underwriters for the initial public offering.
Korean Fashion Retailer Musinsa Seeking $6.8 Billion Valuation With IPO
The KKR-backed group has tapped Citigroup and JPMorgan as underwriters for the initial public offering.
Beauty
Jane Lauder Exercises Estée Lauder Companies Options
The granddaughter of Estée Lauder and former ELC chief data officer netted just under $90,000 from the transaction, according to regulatory filings.
Jane Lauder Exercises Estée Lauder Companies Options
The granddaughter of Estée Lauder and former ELC chief data officer netted just under $90,000 from the transaction, according to regulatory filings.
Beauty
LVMH Luxury Ventures Takes Minority Stake in BDK Parfums
With the support of LVMH’s investment arm, the niche French fragrance house plans to expand its international footprint.
LVMH Luxury Ventures Takes Minority Stake in BDK Parfums
With the support of LVMH’s investment arm, the niche French fragrance house plans to expand its international footprint.
Global Markets
How Reliance Retail Rules the Indian Fashion Market
Although it is just one arm of the Ambani family’s $225 billion oil-to-telecoms empire, Reliance has become India’s largest retailer by offering everything from low-cost essentials to luxury goods from Armani to Zegna across multiple formats.
How Reliance Retail Rules the Indian Fashion Market
Although it is just one arm of the Ambani family’s $225 billion oil-to-telecoms empire, Reliance has become India’s largest retailer by offering everything from low-cost essentials to luxury goods from Armani to Zegna across multiple formats.
Global Markets
India’s Meesho Set to Seek Up to $605 Million Via IPO
The SoftBank-backed online marketplace, popular in smaller Indian cities, joins a growing list of companies tapping the country’s booming IPO market.
India’s Meesho Set to Seek Up to $605 Million Via IPO
The SoftBank-backed online marketplace, popular in smaller Indian cities, joins a growing list of companies tapping the country’s booming IPO market.
Retail
Streetwear’s First IPO, Explained
Human Made shares begin trading in Tokyo on Thursday, a milestone in streetwear’s evolution from a subcultural fashion trend to a mature fashion category.
Streetwear’s First IPO, Explained
Human Made shares begin trading in Tokyo on Thursday, a milestone in streetwear’s evolution from a subcultural fashion trend to a mature fashion category.
Luxury
Report: EssilorLuxottica Prepared to Buy 5%-10% of Armani
Eyewear giant EssilorLuxottica SA is prepared to buy a 5 percent to 10 percent stake of Giorgio Armani SpA, following the death of the fashion house’s founder, Il Sole 24 Ore reported.
Report: EssilorLuxottica Prepared to Buy 5%-10% of Armani
Eyewear giant EssilorLuxottica SA is prepared to buy a 5 percent to 10 percent stake of Giorgio Armani SpA, following the death of the fashion house’s founder, Il Sole 24 Ore reported.
Global Markets
Fashion Trust Arabia Names Prize Winners in Qatar
Designers from Morocco, Saudi Arabia and Bahrain were among those to receive a financial grant of between $100,000 and $200,000 at the Doha ceremony.
Fashion Trust Arabia Names Prize Winners in Qatar
Designers from Morocco, Saudi Arabia and Bahrain were among those to receive a financial grant of between $100,000 and $200,000 at the Doha ceremony.
The News in Brief
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.