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.”
investment
Creative Class
Natalie Massenet, Erik Torstensson Withdraw Lawsuits Against One Another
The Net-a-Porter founder on Wednesday filed a dismissal of the bombshell lawsuit she filed against her former partner, and Frame denim co-founder, in August.
Natalie Massenet, Erik Torstensson Withdraw Lawsuits Against One Another
The Net-a-Porter founder on Wednesday filed a dismissal of the bombshell lawsuit she filed against her former partner, and Frame denim co-founder, in August.
Retail
Ssense Founders Join Sale Process for Troubled Retailer
Rami Atallah, chief executive of the embattled e-tailer, told employees on Sep. 17 that the company is set to be sold in early October, and announced a new round of layoffs.
Ssense Founders Join Sale Process for Troubled Retailer
Rami Atallah, chief executive of the embattled e-tailer, told employees on Sep. 17 that the company is set to be sold in early October, and announced a new round of layoffs.
Beauty
Oura Ring Maker to Become $11 Billion Company With Latest Raise
The Finnish Oura health and fitness ring maker is raising $875 million in a new Series E financing round valuing it around $10.9 billion, Bloomberg reported.
Oura Ring Maker to Become $11 Billion Company With Latest Raise
The Finnish Oura health and fitness ring maker is raising $875 million in a new Series E financing round valuing it around $10.9 billion, Bloomberg reported.
Technology
AI-Powered Shopping App Secures $8 Million, Hailey Bieber Backing
Phia, a price-comparison platform co-founded by Phoebe Gates, daughter of Microsoft co-founder Bill Gates, raised a seed round led by prominent venture firm Kleiner Perkins and a host of celebrity backers.
AI-Powered Shopping App Secures $8 Million, Hailey Bieber Backing
Phia, a price-comparison platform co-founded by Phoebe Gates, daughter of Microsoft co-founder Bill Gates, raised a seed round led by prominent venture firm Kleiner Perkins and a host of celebrity backers.
Beauty
Osea Malibu Lands Investment From General Atlantic Partners
The prestige body care brand has earmarked the funding for product innovation and international expansion, said founder Melissa Palmer.
Osea Malibu Lands Investment From General Atlantic Partners
The prestige body care brand has earmarked the funding for product innovation and international expansion, said founder Melissa Palmer.
Retail
Ssense Secures Approval to Continue Operating Independently
A court ruling on Friday has given the Canadian retailer a lifeline to proceed with a restructuring process, instead of being forced to sell its company to pay off debts.
Ssense Secures Approval to Continue Operating Independently
A court ruling on Friday has given the Canadian retailer a lifeline to proceed with a restructuring process, instead of being forced to sell its company to pay off debts.
Beauty
Nudestix Acquired by Undisclosed US Firm
The Canadian makeup label declined to name its new owner, but said the partnership would unlock growth through the company’s existing retail network.
Nudestix Acquired by Undisclosed US Firm
The Canadian makeup label declined to name its new owner, but said the partnership would unlock growth through the company’s existing retail network.
Beauty
A Beauty Editor’s Vision of Luxury Pet Care: Biche
Biche, a label founded by Highsnobiety’s Alexandra Pauly, will sell a duo of fine fragrance-infused dog grooming products, and has closed a pre-seed funding round led by executives from Europerfumes.
A Beauty Editor’s Vision of Luxury Pet Care: Biche
Biche, a label founded by Highsnobiety’s Alexandra Pauly, will sell a duo of fine fragrance-infused dog grooming products, and has closed a pre-seed funding round led by executives from Europerfumes.
Beauty
Sonoma Brands Invests in British Beauty Distributor Discovered Brands
On Wednesday, the American private equity firm announced its minority investment of around $15 million in the London-based distributor which works with buzzy brands such as Ouai, Glow Recipe and Briogeo.
Sonoma Brands Invests in British Beauty Distributor Discovered Brands
On Wednesday, the American private equity firm announced its minority investment of around $15 million in the London-based distributor which works with buzzy brands such as Ouai, Glow Recipe and Briogeo.
Retail
Ssense: What Went Wrong
Tariffs were the immediate cause of the Montréal-based company’s decision to file for bankruptcy protection. But insiders tell BoF that the downfall was a long time coming as the online retailer’s formula for appealing to Gen-Z shoppers with indie fashion brands and constant markdowns lost its edge.
Ssense: What Went Wrong
Tariffs were the immediate cause of the Montréal-based company’s decision to file for bankruptcy protection. But insiders tell BoF that the downfall was a long time coming as the online retailer’s formula for appealing to Gen-Z shoppers with indie fashion brands and constant markdowns lost its edge.
Retail
UK Luggage Brand Antler Acquires Paravel in Liquidation Sale
The Strandbags-owned company is expanding its global portfolio by scooping up Paravel’s IP, betting on fashion-led branding and new categories to stand out in a crowded luggage market.
UK Luggage Brand Antler Acquires Paravel in Liquidation Sale
The Strandbags-owned company is expanding its global portfolio by scooping up Paravel’s IP, betting on fashion-led branding and new categories to stand out in a crowded luggage market.
Creative Class
Net-a-Porter Founder Sues Ex-Partner for Fraud, Emotional Distress
In a bombshell lawsuit, Natalie Massenet accused Erik Torstensson of fraud, claiming he deceived her into spending $95 million to fund their lifestyle and support his business ventures.
Net-a-Porter Founder Sues Ex-Partner for Fraud, Emotional Distress
In a bombshell lawsuit, Natalie Massenet accused Erik Torstensson of fraud, claiming he deceived her into spending $95 million to fund their lifestyle and support his business ventures.
The News in Brief
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.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.