Rogaine Rides GLP-1 Wave With 30% Sales Surge
The decades-old hair-loss remedy is unexpectedly booming from more people taking GLP-1 weight-loss drugs.
leadership
Luxury
Mytheresa Secures Regulatory Approval to Acquire YNAP
The German luxury e-tailer also announced a series of leadership changes set to take place at both companies after the deal closes on April 23.
Luxury
LVMH Names New CEOs at Fendi, Louis Vuitton China and Kenzo
The executive reshuffle sees Ramon Ros at Fendi's helm, Charlotte Coupé as CEO of Kenzo and Daniel DiCicco as Louis Vuitton's regional president for Mainland China.
Luxury
Yoox Net-a-Porter’s Chief Executive to Step Down
Alison Loehnis, who joined the company in 2007, will leave her post as interim CEO and president in June as YNAP prepares to become part of Mytheresa’s newly formed luxury e-commerce group LuxExperience.
Retail
Primark Says CEO Marchant Resigned Over Inappropriate Behaviour
The executive stepped down following an investigation into his behaviour toward a female employee, according to the fashion chain’s owner AB Foods.
Beauty
Supergoop’s Founder to Exit the Brand
Holly Thaggard, who founded the US-based suncare label in 2005, will assume a strategic advisor role, according to an internal company message.
Beauty
The Debrief | What Happened to Pat McGrath Labs?
Once hailed as a billion-dollar beauty brand, Pat McGrath Labs is now facing an uncertain future. The Business of Beauty's Brennan Kilbane and Priya Rao join The Debrief to explore how creative genius doesn’t always translate into operational success.
Media
Dazed Editor-in-Chief IB Kamara to Step Down
Dazed editor-in-chief IB Kamara will step down from his role after four years at the helm, with his final issue set for publication in June, Dazed Media announced in a statement on Tuesday.
Luxury
Mugler Confirms Casey Cadwallader’s Exit, Names New Designer
Miguel Castro Freitas, a behind-the-scenes figure, will be named creative director of the L’Oréal-owned fashion and fragrance house.
Retail
Making Sense of This Week’s Big Fashion Bankruptcies
News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.
Global Markets
Why BoF CROSSROADS 2025 is Exciting!
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.
Luxury
The BoF Podcast | Demna Takes Gucci, Versace’s New Chapter Begins
As Demna is set to become artistic director of Gucci, and Donatella Versace passes the baton to Dario Vitale after nearly three decades at the creative helm of Versace, the fashion industry is bracing for much-needed creative transformation. BoF founder and editor-in-chief Imran Amed and editor-at-large Tim Blanks unpack what this means for the wider industry.
Luxury
Why Gucci Picked Demna
The era-defining Balenciaga designer will take the reins of Italy’s biggest luxury brand in a surprise shakeup of parent company Kering’s creative ranks. The French group is under pressure to turn around performance after profits tumbled 46 percent last year.
The News in Brief
Ralph Lauren’s Quarterly Revenue Forecast Disappoints, Sending Shares Down
Expectations for the brand to sustain a rapid pace of growth set a high bar, leaving investors disappointed even as its raised its annual outlook.
Tapestry Lifts Outlook as Young Shoppers Snap Up Coach Bags
Shares rose in early trading after the company raised its revenue and profit forecasts, even as the broader luxury sector grapples with a slowdown.
Chanel Beauty Opens Alpine-Inspired Activation at Harrods
The luxury beauty label has taken over a corner of the department store's ground floor with a gifting suite.
Bangladesh Agrees New Garment Pay Scale From December Amid Protests
The government has yet determine the details of revised wage levels as it scrambles to manage days of protests that have disrupted the country’s garment industry.
China Wealth Crackdown Lifts Hong Kong Watch and Jewellery Sales
Rich shoppers are turning to gold and gemstones to preserve wealth, softening the blow for luxury giants like Hermès and Richemont as Beijing tightens its grip on overseas assets.
Australian Department Store David Jones Collapses After Almost 200 Years
The template of vast stores with dozens of fashion brands, beauty products and other accessories succumbed as the digital era drove shoppers to cheaper, nimbler online rivals.
Coty Tops Estimates on Prestige Brands Boost Amid Turnaround
The US cosmetics conglomerate said launches from Marc Jacobs and Burberry helped boost revenues, though its full-year guidance is below consensus.