British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
investment
Beauty
French Skincare Brand L’Occitane Is Said to Pick Banks for US IPO
The skincare retailer went private in 2024, ending its 14-year run on the Hong Kong stock exchange.
French Skincare Brand L’Occitane Is Said to Pick Banks for US IPO
The skincare retailer went private in 2024, ending its 14-year run on the Hong Kong stock exchange.
Beauty
L’Oréal to Invest $383 Million in Indian Tech Hub
French cosmetics giant L’Oréal said on Wednesday it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion rupees ($383.4 million).
L’Oréal to Invest $383 Million in Indian Tech Hub
French cosmetics giant L’Oréal said on Wednesday it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion rupees ($383.4 million).
Beauty
Bain Said to Make Finetoday Bid, Eyes Asia Beauty Market
Bain Capital has made a binding offer for Japanese personal-care group Finetoday Holdings Co., according to people familiar with the matter.
Bain Said to Make Finetoday Bid, Eyes Asia Beauty Market
Bain Capital has made a binding offer for Japanese personal-care group Finetoday Holdings Co., according to people familiar with the matter.
Global Markets
Worldview | East Africa’s Leading Fashion Week Gains Momentum
This week’s round-up of global markets fashion business news also features the Saks store in Kazakhstan, India’s q-commerce apps and Hong Kong retailers exiting mainland China.
Worldview | East Africa’s Leading Fashion Week Gains Momentum
This week’s round-up of global markets fashion business news also features the Saks store in Kazakhstan, India’s q-commerce apps and Hong Kong retailers exiting mainland China.
Beauty
Exclusive: L Catterton Invests in Ex Nihilo
The LVMH-backed private equity firm has taken a large minority stake in the high perfumery brand, which looks to push deeper into the US market.
Exclusive: L Catterton Invests in Ex Nihilo
The LVMH-backed private equity firm has taken a large minority stake in the high perfumery brand, which looks to push deeper into the US market.
Beauty
S&P Upgrades Anastasia Beverly Hills’ Debt Rating
The US cosmetics giant’s revenue declined 12 percent last year, but S&P said it expected a modest return to growth in 2026 and warned of a difficult macroeconomic environment.
S&P Upgrades Anastasia Beverly Hills’ Debt Rating
The US cosmetics giant’s revenue declined 12 percent last year, but S&P said it expected a modest return to growth in 2026 and warned of a difficult macroeconomic environment.
Beauty
Exclusive: Eurazeo to Shut Down Brand Investment Arm
The French private equity firm, a former investor in Farfetch and Pat McGrath Labs with current stakes in beauty companies like Beekman 1802 and Gisou, is in the process of dissolving its consumer investment arm, sources told The Business of Beauty.
Exclusive: Eurazeo to Shut Down Brand Investment Arm
The French private equity firm, a former investor in Farfetch and Pat McGrath Labs with current stakes in beauty companies like Beekman 1802 and Gisou, is in the process of dissolving its consumer investment arm, sources told The Business of Beauty.
Retail
Saks Global Obtains Court Approval for $400 Million in Rescue Financing
The judge overruled an objection from Amazon, which said its equity investment in Saks would be ‘worthless’ under the bankruptcy’s current financing arrangement.
Saks Global Obtains Court Approval for $400 Million in Rescue Financing
The judge overruled an objection from Amazon, which said its equity investment in Saks would be ‘worthless’ under the bankruptcy’s current financing arrangement.
Beauty
CK Hutchinson Seeks $30 Billion Valuation for Superdrug Owner’s IPO
The Hong Kong conglomerate hopes to list AS Watson, which operates Watsons and Superdrug health and beauty stores, as soon as the second quarter, sources told Reuters.
CK Hutchinson Seeks $30 Billion Valuation for Superdrug Owner’s IPO
The Hong Kong conglomerate hopes to list AS Watson, which operates Watsons and Superdrug health and beauty stores, as soon as the second quarter, sources told Reuters.
Retail
Amazon Blasts Saks Funding Deal, Says Equity Is ‘Worthless’
Amazon is challenging Saks Global’s foray into Chapter 11, saying that its equity investment in the now bankrupt business is ‘presumptively worthless.’
Amazon Blasts Saks Funding Deal, Says Equity Is ‘Worthless’
Amazon is challenging Saks Global’s foray into Chapter 11, saying that its equity investment in the now bankrupt business is ‘presumptively worthless.’
Retail
Drake’s Leaves Its British Preppiness Intact Under New Owner
The 49-year-old menswear brand, known for its exacting preppy aesthetic and English craftsmanship, is now majority-owned by a Danish billionaire. Co-owner and creative director, Michael Hill told BoF that radical change isn’t set to follow.
Drake’s Leaves Its British Preppiness Intact Under New Owner
The 49-year-old menswear brand, known for its exacting preppy aesthetic and English craftsmanship, is now majority-owned by a Danish billionaire. Co-owner and creative director, Michael Hill told BoF that radical change isn’t set to follow.
Retail
Ssense Founders Win Bid to Retain Ownership
The company announced on Sunday that the Atallah family will remain owners of the Montreal-based luxury e-tailer, in partnership with a Canadian multi-family office, in a transaction pending regulatory approval.
Ssense Founders Win Bid to Retain Ownership
The company announced on Sunday that the Atallah family will remain owners of the Montreal-based luxury e-tailer, in partnership with a Canadian multi-family office, in a transaction pending regulatory approval.
The News in Brief
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Sales Climb, Boosted by US
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.