Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
leadership
Retail
How Retailers Are Bracing for a Potentially Grim Year
Facing uncertainty around tariffs and fears of a potential recession, the strongest and weakest fashion companies alike have issued a cautious outlook for 2025. Even so, low consumer confidence does not guarantee a pullback from spending. For the savviest players, there is still room for growth.
How Retailers Are Bracing for a Potentially Grim Year
Facing uncertainty around tariffs and fears of a potential recession, the strongest and weakest fashion companies alike have issued a cautious outlook for 2025. Even so, low consumer confidence does not guarantee a pullback from spending. For the savviest players, there is still room for growth.
Workplace & Talent
Can AI Make People Happier at Work?
Fashion and retail firms are rethinking AI’s role —not just as a productivity booster but as a tool for improving employee experience and job satisfaction.
Can AI Make People Happier at Work?
Fashion and retail firms are rethinking AI’s role —not just as a productivity booster but as a tool for improving employee experience and job satisfaction.
Beauty
Shana Randhava is Latest Executive to Depart Estée Lauder Companies
As ELC restructures amid new leadership, the executive behind its next-gen acquisitions like Deciem is leaving the company.
Shana Randhava is Latest Executive to Depart Estée Lauder Companies
As ELC restructures amid new leadership, the executive behind its next-gen acquisitions like Deciem is leaving the company.
Beauty
Uoma Beauty Founder Sues the Brand’s New Owners
The suit alleges that the December 2023 purchase of the brand’s assets was an unauthorised sale, and seeks damages for “unjust enrichment”.
Uoma Beauty Founder Sues the Brand’s New Owners
The suit alleges that the December 2023 purchase of the brand’s assets was an unauthorised sale, and seeks damages for “unjust enrichment”.
Luxury
St. John Knits Shakes Up Leadership
Following chief executive Andy Lew’s promotion to executive president of parent company Lanvin Group, St. John Knits has named new chief commercial, merchandising and operating officers.
St. John Knits Shakes Up Leadership
Following chief executive Andy Lew’s promotion to executive president of parent company Lanvin Group, St. John Knits has named new chief commercial, merchandising and operating officers.
Workplace & Talent
Women’s Conference Trybe Cancels, Citing Trump DEI Pushback
The event was slated for May 2025 in Las Vegas and had confirmed speakers from Sephora, H&M and TikTok.
Women’s Conference Trybe Cancels, Citing Trump DEI Pushback
The event was slated for May 2025 in Las Vegas and had confirmed speakers from Sephora, H&M and TikTok.
Beauty
Unilever Chief Schumacher Will Hand Over to CFO in Surprise Exit
Schumacher will step down on March 1, and leave the company at the end of May in an unexpected move.
Unilever Chief Schumacher Will Hand Over to CFO in Surprise Exit
Schumacher will step down on March 1, and leave the company at the end of May in an unexpected move.
Media
Glamour UK Names New Head of Editorial Content
Kemi Alemoru will join the publication on March 3 and will report to Glamour’s global editorial director Samantha Barry.
Glamour UK Names New Head of Editorial Content
Kemi Alemoru will join the publication on March 3 and will report to Glamour’s global editorial director Samantha Barry.
Luxury
Kering Names General Secretary, Strategy Chief
The French luxury conglomerate is elevating Mélanie Flouquet and recruiting BCG’s Joël Hazan, shaking up its leadership amid financial pressure.
Kering Names General Secretary, Strategy Chief
The French luxury conglomerate is elevating Mélanie Flouquet and recruiting BCG’s Joël Hazan, shaking up its leadership amid financial pressure.
Global Markets
Learn From Tory Burch, Pierre-Yves Roussel, Laurent Duffier and More at BoF CROSSROADS 2025
The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Learn From Tory Burch, Pierre-Yves Roussel, Laurent Duffier and More at BoF CROSSROADS 2025
The Business of Fashion is pleased to announce BoF CROSSROADS 2025, our new invitation-only gathering of top business and creative leaders focused on seizing opportunities in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Workplace & Talent
Chief Product Officers Are Fashion’s New Power Players
From Burberry to Michael Kors and Under Armour, brands are leaning on product chiefs to navigate economic uncertainty and reignite innovation.
Chief Product Officers Are Fashion’s New Power Players
From Burberry to Michael Kors and Under Armour, brands are leaning on product chiefs to navigate economic uncertainty and reignite innovation.
Global Markets
Join Us at BoF CROSSROADS 2025 in Dubai
From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
Join Us at BoF CROSSROADS 2025 in Dubai
From April 10-11, BoF will bring together top business and creative leaders to examine the business opportunities for fashion, beauty and luxury brands in the Middle East, Central and South Asia, Southeast Asia, Africa and Latin America.
The News in Brief
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Allies of Skin’s Founder Nicolas Travis Has Resigned
The Singapore-based luxury skincare brand has also appointed Alicia Valencia as interim president.
Fabletics Seeks to Double Revenue to $2 Billion in Global Expansion
The US-based activewear brand plans to double annual revenue to $2 billion within five years, in part by opening dozens of new stores in markets such as India, Mexico and the United Arab Emirates.