Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
leadership
Luxury
BoF Professional Masterclass | Chanel: The Designer Revamp That Worked
Join us for our next BoF Professional Masterclass on Monday, September 21, at 17:00 BST / 12:00 EDT as BoF’s Marc Bain and Robert Williams unpack the multi-faceted strategy that reignited desirability and sales, allowing the French couture icon to solidify its position in ‘ultimate luxury.’
News & Analysis
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Fashion Week
How Henry Zankov Is Rewriting the DVF Wardrobe
The new designer’s Thursday debut bet on subtle updates to Diane von Furstenberg's most recognisable codes as he works to modernise and reignite demand for the iconic New York brand.
Retail
Nike Reassures Executives That Its Stock Is Still in the S&P 500
An internal memo reviewed by Bloomberg sought to clear up misunderstandings around the brand’s coming removal from the S&P 100.
News & Analysis
Mary Robinson, Dario Vitale, Willy Chavarria and Angelica Cheung to Speak at BoF VOICES 2026
They join previously announced speakers including Kering’s Luca de Meo, LVMH’s Sidney Toledano, Levi’s Michelle Gass, Tapestry’s Joanne Crevoiserat and Exemplar Luxury Group’s Geoffroy van Raemdonck at BoF’s annual gathering for big thinkers, taking place Dec. 1-4 in Oxfordshire, UK.
Luxury
Richemont Promotes Johann Rupert’s Son in Succession Plan
The Swiss luxury group appointed Anton Rupert, 39, as non-executive co-deputy chairman in charge of creative and commercial direction, signaling a long-awaited succession plan for founder Johann Rupert is underway.
Retail
Theory Appoints James Kelly Global CEO
A veteran at Fast Retailing, Kelly previously held the role of US chief financial officer at the brand.
Workplace & Talent
Can AI Ignite a New Generation of Fashion Tradespeople?
As artificial intelligence reshapes perceptions of white-collar work and four-year degrees face greater scrutiny, fashion brands see an opening to rebuild a dwindling pipeline of skilled craftspeople.
Beauty
L Catterton Nears Acquisition of Fitness Brand Hyrox
Private equity firm L Catterton is close to buying a controlling stake in Hyrox in a deal that may value the fitness competition brand at nearly $700 million, sources told Bloomberg.
Luxury
Icicle Taps Ex-Gucci Designer Sabato De Sarno
De Sarno has been named creative director of the Shanghai-based label owned by ICCF Group, which includes Kering among its investors.
Luxury
One Year After Founder’s Death, Armani Faces Ticking Clock
The late Giorgio Armani stipulated in his will that the sale of around 15 percent of the company should take place between 12 and 18 months after his death, followed by the disposal of a larger stake or a public listing.
Creative Class
Galliano, Anna Wintour and the Met: What Comes Next?
This week’s decision to pull the plug on a major retrospective on the star couturier amid a growing backlash over his history of antisemitic remarks raises more questions than it answers.
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.