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.
investment
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.
Beauty
Report: Fitness App Strava Files for IPO
The fitness tracking app, recently valued at $2.2 billion, has confidentially filed for an initial public offering in recent weeks, sources told The Information.
Report: Fitness App Strava Files for IPO
The fitness tracking app, recently valued at $2.2 billion, has confidentially filed for an initial public offering in recent weeks, sources told The Information.
Luxury
Saks Woes Cloud Cucinelli’s Department Store Bet
The label is sticking with its strategy of heavy reliance on high-end department stores like the struggling Saks Global, despite the shift by many luxury peers toward their own retail networks.
Saks Woes Cloud Cucinelli’s Department Store Bet
The label is sticking with its strategy of heavy reliance on high-end department stores like the struggling Saks Global, despite the shift by many luxury peers toward their own retail networks.
Technology
AI Is Shaking Up Fashion’s Workforce
Brands need to prepare as AI transforms a number of the industry's existing roles, and creates new ones, according to the BoF-McKinsey State of Fashion 2026.
AI Is Shaking Up Fashion’s Workforce
Brands need to prepare as AI transforms a number of the industry's existing roles, and creates new ones, according to the BoF-McKinsey State of Fashion 2026.
Technology
Spangle Raises $15 Million Series A
The AI-powered e-commerce software provider is valued at $100 million with its latest funding round.
Spangle Raises $15 Million Series A
The AI-powered e-commerce software provider is valued at $100 million with its latest funding round.
Beauty
Exclusive: Angel Reese and Musician Rema Invest in Skincare Brand Topicals
In lieu of more institutional investors, the skincare startup tapped a cohort of entertainment and sports ‘cultural leaders’ to invest in its range of eye masks and serums.
Exclusive: Angel Reese and Musician Rema Invest in Skincare Brand Topicals
In lieu of more institutional investors, the skincare startup tapped a cohort of entertainment and sports ‘cultural leaders’ to invest in its range of eye masks and serums.
News & Analysis
The 10 Themes That Will Define the Fashion Agenda in the Year Ahead
From subdued consumer confidence to AI’s expanding role in business, The State of Fashion 2026 sets out the key challenges and opportunities shaping the industry in the year ahead.
The 10 Themes That Will Define the Fashion Agenda in the Year Ahead
From subdued consumer confidence to AI’s expanding role in business, The State of Fashion 2026 sets out the key challenges and opportunities shaping the industry in the year ahead.
The News in Brief
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.
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.