Shopify Shares Soar as Revenue Outlook Beats Estimates
Shares surged after the company's third-quarter revenue outlook beat expectations, strengthening the view that it faces limited disruption from AI.
leadership
Luxury
Shinola Appoints Ulrich Wohn as President
The former TAG Heuer North America CEO has been tapped to lead the Detroit-based maker of watches and leather goods in its next phase of growth.
Shinola Appoints Ulrich Wohn as President
The former TAG Heuer North America CEO has been tapped to lead the Detroit-based maker of watches and leather goods in its next phase of growth.
Retail
Etsy Taps Chief Growth Officer as CEO to Navigate the AI Era
Kruti Patel Goyal, who recently held the top job at Depop, will succeed current CEO Josh Silverman, who spent eight years in the role.
Etsy Taps Chief Growth Officer as CEO to Navigate the AI Era
Kruti Patel Goyal, who recently held the top job at Depop, will succeed current CEO Josh Silverman, who spent eight years in the role.
Luxury
JPMorgan Appoints Alison Loehnis as Senior Adviser
In the new position, the former Yoox Net-A-Porter president will focus on luxury and lifestyle brands.
JPMorgan Appoints Alison Loehnis as Senior Adviser
In the new position, the former Yoox Net-A-Porter president will focus on luxury and lifestyle brands.
News & Analysis
Why I’m Excited About BoF VOICES 2025
Join us for our annual gathering for big thinkers from November 18-21.
Why I’m Excited About BoF VOICES 2025
Join us for our annual gathering for big thinkers from November 18-21.
Luxury
Arnault Tightens His LVMH Control With $1.6 Billion Buying Spree
The buying blitz, amid a sharp decline in LVMH’s share price, brings Bernard Arnault and his family closer to owning half of the world’s largest luxury group.
Arnault Tightens His LVMH Control With $1.6 Billion Buying Spree
The buying blitz, amid a sharp decline in LVMH’s share price, brings Bernard Arnault and his family closer to owning half of the world’s largest luxury group.
Beauty
How Black Beauty’s Class of 2020 Is Navigating a Tough Market
Recipients of Glossier’s 2025 grants for Black founders spoke to The Business of Fashion about how they’ve sustained growth and built resilience after the hype died down.
How Black Beauty’s Class of 2020 Is Navigating a Tough Market
Recipients of Glossier’s 2025 grants for Black founders spoke to The Business of Fashion about how they’ve sustained growth and built resilience after the hype died down.
Direct-to-Consumer
Outdoor Voices’ Ty Haney Sued by Investors in Energy Drink Venture
A group of local Boulder, Colorado-based investors in Haney’s beverage company, Joggy, filed a lawsuit against her this month, alleging securities fraud.
Outdoor Voices’ Ty Haney Sued by Investors in Energy Drink Venture
A group of local Boulder, Colorado-based investors in Haney’s beverage company, Joggy, filed a lawsuit against her this month, alleging securities fraud.
Marketing
How Favorite Daughter Benefitted From the Netflix Effect
The womenswear business, which has crossed $100 million in annual sales, has tapped the power of pop culture thanks to its appearances on Netflix’s “Nobody Wants This,” created and written by Erin Foster, one of the brand’s founders.
How Favorite Daughter Benefitted From the Netflix Effect
The womenswear business, which has crossed $100 million in annual sales, has tapped the power of pop culture thanks to its appearances on Netflix’s “Nobody Wants This,” created and written by Erin Foster, one of the brand’s founders.
Luxury
Kering Sales, Smash-and-Grab Theft and Paris Art Week
Kering teased a 'drastic' reduction in its store footprint even as a deal with L’Oréal lightens its debt. Plus, early echoes from Paris Art Week, including a knockout Miu Miu initiative.
Kering Sales, Smash-and-Grab Theft and Paris Art Week
Kering teased a 'drastic' reduction in its store footprint even as a deal with L’Oréal lightens its debt. Plus, early echoes from Paris Art Week, including a knockout Miu Miu initiative.
Beauty
Novo Chairman to Step Down in Shakeup After Rift on Board
Helge Lund is stepping down due to a governance dispute as the company faces challenges in the weight-loss drug market and pressure on its share price.
Novo Chairman to Step Down in Shakeup After Rift on Board
Helge Lund is stepping down due to a governance dispute as the company faces challenges in the weight-loss drug market and pressure on its share price.
Global Markets
Worldview | Sao Paulo Fashion Week Stages Blockbuster Anniversary Event
This week’s round-up of global markets fashion business news also features India’s Reliance Retail and fashion week events in Shanghai, Riyadh and Mexico City.
Worldview | Sao Paulo Fashion Week Stages Blockbuster Anniversary Event
This week’s round-up of global markets fashion business news also features India’s Reliance Retail and fashion week events in Shanghai, Riyadh and Mexico City.
Luxury
Hermès Men’s Artistic Director Véronique Nichanian Steps Down
The designer, who led the brand for 37 years, will present her last collection in January, a spokesperson for Hermès has confirmed.
Hermès Men’s Artistic Director Véronique Nichanian Steps Down
The designer, who led the brand for 37 years, will present her last collection in January, a spokesperson for Hermès has confirmed.
The News in Brief
Next Upgrades Profit Outlook Again on Strong Summer Spending
The UK retailer said it benefited from sunny weather and the release of some “pent-up demand” in the Middle East and northern Europe.
Shiseido’s Profits Recover in First Half Amid Turnaround
Growth turned positive in the second quarter, driven by key regions like the Americas, as the Japanese giant executes its yearlong restructuring plan.
Amazon Loses US Court Ban on Perplexity’s AI Shopping Tools
The ruling is the first by a federal appeals court to address whether AI agents acting on behalf of users can legally access online platforms.
Report: Abercrombie to Seek Fresh Backers for China Business
The US-listed company is conducting a review of its Chinese assets and may sell a stake in the unit, which could be valued at several hundred million dollars, Bloomberg reported.
P&G to Buy Supplement Maker Thorne for $3.8 Billion
Shailesh Jejurikar, chief executive of the American personal care conglomerate, told CNBC it will acquire the line from LVMH-backed private equity firm L Catterton.
Eli Lilly to Offer Early Access to Next-Gen Obesity Drug to Some Patients
Eli Lilly said on Monday it would allow a limited number of patients to have early access to its experimental obesity drug, retatrutide, before its US FDA approval.
India’s Nykaa Posts Higher Quarterly Profit on Strong Beauty Demand, Fashion Growth
India’s FSN E-Commerce Ventures, which operates beauty and fashion retailer Nykaa, reported a more than three-fold rise in quarterly profit on Tuesday, boosted by strong growth in its beauty business and a sharp acceleration in fashion sales.