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.

President Libby Wadle breaks down the fast-growing label’s dual-gender strategy.

Madewell’s double-digital growth is buoying the J.Crew Group as sales at its namesake brand continue to dwindle. President Libby Wadle explains why Madewell is working, and how she plans to keep the momentum going.

Though overall revenue increased just 2 percent last quarter, it jumped 32 percent at Madewell.

The company has made progress cutting expenses and boosting margins and expects to close 50 stores this year.

BoF compiles the most important professional moves of the week.

"There are few fashion merchants who have better defined affordable American style than Mickey Drexler."

Kris Van Assche By Rick Owens (Interview) "The last two years have marked a subtle turning point for the 35-year-old Van Assche, who has weathered
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.
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.
The UK conglomerate raised its annual volume growth forecast on beauty, personal and home care demand, despite a lagging food sector and the impact of geopolitical conflict on costs.
The fashion editor and stylist is reuniting with longtime collaborator Alastair McKimm, chief creative officer of Wonderland parent Visual Talent Ltd.
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Sales in the Americas fell 70 to 75 percent.
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.