Zara Owner Looks to US for Next Phase of Growth
Inditex is investing in the US as a key growth market, CEO Oscar Garcia Maceiras told Reuters, with store revamps and new openings planned across its Zara, Massimo Dutti and Bershka brands.
leadership
Luxury
Tory Burch Names First Chief Brand Officer
Klitos Teklos previously held creative leadership roles at Sol de Janeiro, Estée Lauder Companies and Air Paris.
Tory Burch Names First Chief Brand Officer
Klitos Teklos previously held creative leadership roles at Sol de Janeiro, Estée Lauder Companies and Air Paris.
Beauty
Jones Road CEO Cody Plofker Steps Down
The marketing executive and son of founder Bobbi Brown announced his departure from the makeup and skincare label after a year and a half at the helm.
Jones Road CEO Cody Plofker Steps Down
The marketing executive and son of founder Bobbi Brown announced his departure from the makeup and skincare label after a year and a half at the helm.
Beauty
Kiko Milano Names Global Executive Vice President of Brand
Marcello Mastrogiacomo joins the Italian cosmetics label from Gucci to lead global brand, communications and media.
Kiko Milano Names Global Executive Vice President of Brand
Marcello Mastrogiacomo joins the Italian cosmetics label from Gucci to lead global brand, communications and media.
Luxury
François-Henri Bennahmias to Launch New Luxury Swiss Watch Brand N3W5
The former Audemars Piguet chief secured a 30 million Swiss franc investment and involvement of enamelist Anita Porchet in a new luxury brand selling mechanical watches starting at 20,000 Swiss francs.
François-Henri Bennahmias to Launch New Luxury Swiss Watch Brand N3W5
The former Audemars Piguet chief secured a 30 million Swiss franc investment and involvement of enamelist Anita Porchet in a new luxury brand selling mechanical watches starting at 20,000 Swiss francs.
Beauty
South African Drugstore Empire Faces Succession Reckoning
As Dis-Chem’s chairman prepares to retire and current management rolls out ‘Health Hub’ concepts, investors are uncertain about the $1.7 billion pharmacy chain’s future.
South African Drugstore Empire Faces Succession Reckoning
As Dis-Chem’s chairman prepares to retire and current management rolls out ‘Health Hub’ concepts, investors are uncertain about the $1.7 billion pharmacy chain’s future.
Luxury
Face to Face With Luxury Clients
After a prolonged slowdown, luxury is gradually returning to growth, led by the US and China. Drawing on a survey of more than 2,000 clients and dozens of interviews across both markets, The Business of Fashion and McKinsey & Company find in the latest edition in our State of Fashion series a base of customers with increasingly distinct local preferences that nonetheless share an overarching desire for emotional connection.
Face to Face With Luxury Clients
After a prolonged slowdown, luxury is gradually returning to growth, led by the US and China. Drawing on a survey of more than 2,000 clients and dozens of interviews across both markets, The Business of Fashion and McKinsey & Company find in the latest edition in our State of Fashion series a base of customers with increasingly distinct local preferences that nonetheless share an overarching desire for emotional connection.
Beauty
The BoF Podcast | Oura CEO on the Future of Health Intelligence
One month after filing for an IPO, Tom Hale joined Imran Amed at The Business of Beauty Global Forum to lay out the company’s central thesis: that Oura is building the world’s first large physiological model, ‘continuously monitoring your body, learning from your physiology and helping you make better decisions.’
The BoF Podcast | Oura CEO on the Future of Health Intelligence
One month after filing for an IPO, Tom Hale joined Imran Amed at The Business of Beauty Global Forum to lay out the company’s central thesis: that Oura is building the world’s first large physiological model, ‘continuously monitoring your body, learning from your physiology and helping you make better decisions.’
Workplace & Talent
How to Get Hired in the Age of AI
As AI makes it easier than ever to produce polished résumés, recruiters are relying on new methods to assess attributes like judgment, adaptability and potential.
How to Get Hired in the Age of AI
As AI makes it easier than ever to produce polished résumés, recruiters are relying on new methods to assess attributes like judgment, adaptability and potential.
Beauty
Controlling Your Destiny: How Mona Kattan Reclaimed Her Voice
The founder of Kayali closed The Business of Beauty Global Forum by reflecting on her choice to carve out her fragrance label from the family business.
Controlling Your Destiny: How Mona Kattan Reclaimed Her Voice
The founder of Kayali closed The Business of Beauty Global Forum by reflecting on her choice to carve out her fragrance label from the family business.
Beauty
Sephora CEO Guillaume Motte on Creating Demand and Scaling Desire
The beauty retailer’s chief executive spoke at day two of The Business of Beauty Global Forum about the strategies that have led to $5 billion in growth over the past three years.
Sephora CEO Guillaume Motte on Creating Demand and Scaling Desire
The beauty retailer’s chief executive spoke at day two of The Business of Beauty Global Forum about the strategies that have led to $5 billion in growth over the past three years.
Workplace & Talent
BoF and The Outsiders Perspective Unpack The New Talent Strategy For Global Growth
People and recruitment leaders from Chanel, Saint Laurent, Anine Bing, Puig and L’Oréal, among others, gathered at Soho House Paris for a panel unpacking why hiring global talent has become a commercial imperative.
BoF and The Outsiders Perspective Unpack The New Talent Strategy For Global Growth
People and recruitment leaders from Chanel, Saint Laurent, Anine Bing, Puig and L’Oréal, among others, gathered at Soho House Paris for a panel unpacking why hiring global talent has become a commercial imperative.
Sports
Nike Hires Pfizer’s Denton to Take Over for Departing CFO
David Denton will take over on Aug. 17, succeeding Matthew Friend.
Nike Hires Pfizer’s Denton to Take Over for Departing CFO
David Denton will take over on Aug. 17, succeeding Matthew Friend.
The News in Brief
Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
Dior and A24 Announce Two-Year Collaboration
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.
Princess Diana’s ‘Revenge Dress’ Comes to Auction at Sotheby’s
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
Macy’s Raises Annual Targets as Bloomingdale’s Drives Growth
The retailer's improved outlook reflects resilience among higher-income shoppers, despite broader economic uncertainty.
American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands
Shares slumped over 11 percent in premarket trading Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat.
Primark to Start Home Delivery as Sales Fall Ahead of Split
The decision is a major about-face for the budget fashion chain as it tries to stem falling sales ahead of its split from Associated British Foods.
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.