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.
materials
Sustainability
The Truth About ‘Vegan Leather’
Leather alternatives have been boosted as eco-innovation and dismissed as mere plastic, but the truth is more complicated than that and demands clearer marketing to avoid misleading consumers.
Luxury
Zegna Eyes High-End Suppliers as Fashion House Moves Upmarket
“These kinds of acquisitions would consolidate the perimeter of our supply chain and our Made in Italy platform from the very top, and make us more competitive in luxury textiles,” chief executive officer Gildo Zegna said in an interview in Milan.
Retail
How to Plan Your Retail Footprint
For up-and-coming brands, a few small, cleverly designed stores in the right locations can have a bigger impact than a giant flagship
Sustainability
The New Rules of Sustainability Marketing
A wide-ranging crackdown on greenwashing has snared major players from H&M to the Sustainable Apparel Coalition. Now regulators have issued new guidelines for how sustainability can be marketed.
Sustainability
The Quest to Make Environmentally-Friendly Bras and Knickers
Much of the lingerie industry has undergone a socially responsible makeover, but becoming environmentally responsible presents its own set of challenges. Here’s how some players are addressing them.
Sustainability
Fashion’s Plastic Addiction Is Harder to Shake Than it Seems
Big brands from Adidas to Patagonia are on track to eliminate virgin polyester from their products. But the pivot to materials mostly made from recycled plastic bottles is an imperfect solution.
Sustainability
Fashion Is Using More Raw Materials Than Ever. Not Enough Are Sustainable.
The global textiles industry is producing more than ever before, but shifts from conventional materials to lower-impact alternatives have stagnated, according to a report published Wednesday by non-profit Textile Exchange.
Luxury
The BoF Podcast | Marine Serre Questions the Fashion Industry’s Practices
The French designer, known for her embrace of eco-futurism, speaks to BoF founder and editor-in-chief Imran Amed about the evolution of her namesake brand and explains its deeper purpose.
Technology
Why Bio-Fabricated Leather Is Always Just Around the Corner
Modern Meadow, which celebrated its 10th anniversary this week, has developed a potentially revolutionary bio-based leather substitute, but must still chart a path to scale.
Sustainability
‘Vegan Leather’ or Plastic? A Materials Marketing Battle Heats Up
Fuzzy definitions and bad data have left fashion consumers facing an array of claims and counterclaims as new and established materials jostle to market their sustainability credentials.
Technology
Why Some New Materials Succeed and Others Don’t
The number of supposedly better and more sustainable materials keeps multiplying, but few achieve scale. So why should Nike’s latest innovation, Forward, succeed where others have stalled?
Technology
Nike Has Giant Ambitions for Its Newest Innovation
Made with a Nike-developed manufacturing process, the brand’s latest material, Forward, could be its biggest move in apparel in decades — if shoppers embrace its unique look and feel.
The News in Brief
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.
Beauty and Home Care Drive Unilever Sales, Food Unit Falters
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.
Carlos Nazario Appointed Editor in Chief of Wonderland
The fashion editor and stylist is reuniting with longtime collaborator Alastair McKimm, chief creative officer of Wonderland parent Visual Talent Ltd.
Aritzia Seeks to More Than Double Sales by 2032
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).
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Zegna to Take Summer Fashion Show to Beijing
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.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
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.