Asos Names Law Roach ‘Stylist in Residence’
Online fashion retailer Asos has brought on celebrity stylist Law Roach to bring his creative lens and styling approach to its campaigns and recently relaunched magazine.
investment
Beauty
How Bootstrapped Beauty Brands Are Growing
As the beauty industry has grown in value and saturation, emerging brands have often leant on outside investment to grow. But for those who don’t want – or can’t access – external funding, a more roundabout path is needed.
How Bootstrapped Beauty Brands Are Growing
As the beauty industry has grown in value and saturation, emerging brands have often leant on outside investment to grow. But for those who don’t want – or can’t access – external funding, a more roundabout path is needed.
Beauty
Shiseido Stock Falls Sharply, Prompting Trading Halt
Shiseido Co. Ltd’s stock fell the most in almost 37 years on Thursday, leading to a trading halt, after reporting a first half loss due to weak demand from China and production issues in the US.
Shiseido Stock Falls Sharply, Prompting Trading Halt
Shiseido Co. Ltd’s stock fell the most in almost 37 years on Thursday, leading to a trading halt, after reporting a first half loss due to weak demand from China and production issues in the US.
Beauty
Nivea Maker Beiersdorf’s Sales Grow Despite China’s Luxury Slowdown
Beiersdorf reported 7.1 percent organic sales growth for the first half of the year on Wednesday, driven by double-digit percentage growth in its flagship skincare brand Nivea.
Nivea Maker Beiersdorf’s Sales Grow Despite China’s Luxury Slowdown
Beiersdorf reported 7.1 percent organic sales growth for the first half of the year on Wednesday, driven by double-digit percentage growth in its flagship skincare brand Nivea.
Beauty
Olaplex Sales Fall, But Company Says Recovery Is on Track
Sales in speciality retail stores rose 22.4 percent, but were dragged down by poor performance in its professional and direct-to-consumer channels.
Olaplex Sales Fall, But Company Says Recovery Is on Track
Sales in speciality retail stores rose 22.4 percent, but were dragged down by poor performance in its professional and direct-to-consumer channels.
Luxury
Bernard Arnault Confirms He Owns ‘Very Minor Stake’ in Richemont
News of the shareholding triggered questions around his intentions for the investment in the group which maintains a strong defense against unwanted suitors.
Bernard Arnault Confirms He Owns ‘Very Minor Stake’ in Richemont
News of the shareholding triggered questions around his intentions for the investment in the group which maintains a strong defense against unwanted suitors.
Technology
Ray-Ban Maker EssilorLuxottica Confirms Meta Interested in Stake
CEO Francesco Milleri said the maker of Ray-Ban and Oakley sunglasses isn’t planning a capital increase dedicated to Meta and the US firm would buy shares on the market if it wants to become a shareholder.
Ray-Ban Maker EssilorLuxottica Confirms Meta Interested in Stake
CEO Francesco Milleri said the maker of Ray-Ban and Oakley sunglasses isn’t planning a capital increase dedicated to Meta and the US firm would buy shares on the market if it wants to become a shareholder.
Beauty
Summer Fridays Announces Growth Investment From TSG Consumer Partners
The influencer-founded beauty brand, known for its hybrid skincare and makeup products, will join private equity firm TSG’s brand roster.
Summer Fridays Announces Growth Investment From TSG Consumer Partners
The influencer-founded beauty brand, known for its hybrid skincare and makeup products, will join private equity firm TSG’s brand roster.
Sustainability
LVMH Pledges More Vertical Integration in Response to Dior Manufacturing Scandal
The luxury giant said it will aim to bring more production in house after an Italian investigation linked Dior to sweatshop conditions.
LVMH Pledges More Vertical Integration in Response to Dior Manufacturing Scandal
The luxury giant said it will aim to bring more production in house after an Italian investigation linked Dior to sweatshop conditions.
Luxury
Investors Pressure LVMH on Labour Rights After Dior Linked to Italian Sweatshops
Some shareholders are asking the luxury giant to take more aggressive steps to monitor its supply chain after Italian prosecutors alleged factories manufacturing for Dior exploited workers.
Investors Pressure LVMH on Labour Rights After Dior Linked to Italian Sweatshops
Some shareholders are asking the luxury giant to take more aggressive steps to monitor its supply chain after Italian prosecutors alleged factories manufacturing for Dior exploited workers.
Direct-to-Consumer
How to Get Customers to Shop Online
Fashion e-commerce winners are using new personalisation techniques to boost sales, but doing so doesn’t necessarily require expensive software upgrades.
How to Get Customers to Shop Online
Fashion e-commerce winners are using new personalisation techniques to boost sales, but doing so doesn’t necessarily require expensive software upgrades.
Luxury
Dolce & Gabbana CEO Ready to Open Capital to New Investors
‘We are now ready to consider opening our capital to third parties through a listing or other financial instruments,’ CEO Alfonso Dolce said in an interview published on Monday.
Dolce & Gabbana CEO Ready to Open Capital to New Investors
‘We are now ready to consider opening our capital to third parties through a listing or other financial instruments,’ CEO Alfonso Dolce said in an interview published on Monday.
Retail
Macy’s Ends Buyout Talks With Activist Investors
The American retailer has effectively closed the door on the take-private offer from real estate firms Arkhouse Management and Brigade Capital. The company’s stock plunged on the news.
Macy’s Ends Buyout Talks With Activist Investors
The American retailer has effectively closed the door on the take-private offer from real estate firms Arkhouse Management and Brigade Capital. The company’s stock plunged on the news.
The News in Brief
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
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.