Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
mergers-acquisitions
Beauty
Clariant Completes $810 Million Acquisition of Lucas Meyer Cosmetics
Clariant acquired Canada’s ingredients and cosmetics maker from International Flavors & Fragrances.
Clariant Completes $810 Million Acquisition of Lucas Meyer Cosmetics
Clariant acquired Canada’s ingredients and cosmetics maker from International Flavors & Fragrances.
Marketing
The Independents Makes Its Second Acquisition in 2024
The fashion communications company is buying The Sunshine Company, a consultancy and creative agency based in London and Los Angeles.
The Independents Makes Its Second Acquisition in 2024
The fashion communications company is buying The Sunshine Company, a consultancy and creative agency based in London and Los Angeles.
Beauty
L’Occitane Sells Grown Alchemist Stake to Outgoing CEO
Outgoing group CEO André Hoffmann is taking a majority stake in the brand, while Grown Alchemist CEO Anna Teal will have minority ownership.
L’Occitane Sells Grown Alchemist Stake to Outgoing CEO
Outgoing group CEO André Hoffmann is taking a majority stake in the brand, while Grown Alchemist CEO Anna Teal will have minority ownership.
Retail
What a Fashion Company Is Worth Today
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
What a Fashion Company Is Worth Today
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
Beauty
Who Could Buy Rare Beauty?
News of a potential exit has the beauty industry in shock and awe of the Selena Gomez-founded label, and wondering what its next move should be.
Who Could Buy Rare Beauty?
News of a potential exit has the beauty industry in shock and awe of the Selena Gomez-founded label, and wondering what its next move should be.
Beauty
The Center Invests in Claudia Sulewski’s Brand Cyklar
The company behind Naturium’s recent sale adds the body care brand to its portfolio.
The Center Invests in Claudia Sulewski’s Brand Cyklar
The company behind Naturium’s recent sale adds the body care brand to its portfolio.
Marketing
The Independents Continues Its Buying Spree With Kennedy Acquisition
The fashion PR company is buying the London-based consultancy and production agency.
The Independents Continues Its Buying Spree With Kennedy Acquisition
The fashion PR company is buying the London-based consultancy and production agency.
Beauty
Lightning in a Bottle: Tapping Into the Niche Fragrance Boom
With independent perfume on a hot streak for investments and acquisitions, the fragrance market is only growing larger — and more competitive. Here’s what steps emerging brands need to take as they grow.
Lightning in a Bottle: Tapping Into the Niche Fragrance Boom
With independent perfume on a hot streak for investments and acquisitions, the fragrance market is only growing larger — and more competitive. Here’s what steps emerging brands need to take as they grow.
Retail
Why Frasers Group Shuttered Matchesfashion
In the latest blow to the luxury e-commerce sector, the embattled Matches is closing down just over two months after being acquired by Frasers Group as relationships with brands have reportedly soured.
Why Frasers Group Shuttered Matchesfashion
In the latest blow to the luxury e-commerce sector, the embattled Matches is closing down just over two months after being acquired by Frasers Group as relationships with brands have reportedly soured.
Retail
Activist Investors Raise Macy’s Buyout Bid to $6.6 Billion
Investment firms Arkhouse Management and Brigade Capital Management is offering to acquire Macy’s stock they don’t already own for $24 per share, 14 percent above its previous offer from December.
Activist Investors Raise Macy’s Buyout Bid to $6.6 Billion
Investment firms Arkhouse Management and Brigade Capital Management is offering to acquire Macy’s stock they don’t already own for $24 per share, 14 percent above its previous offer from December.
Beauty
Advent International Invests in Skala Cosméticos
The investment was made from a $2 billion fund, LAPEF VII, specifically allotted for deals in Latin America.
Advent International Invests in Skala Cosméticos
The investment was made from a $2 billion fund, LAPEF VII, specifically allotted for deals in Latin America.
Media
BuzzFeed Sells Complex for $108.6 Million
Live commerce company Ntwrk is paying $108.6 million in cash for Complex, less than half of the $300 million BuzzFeed paid for it in 2021.
BuzzFeed Sells Complex for $108.6 Million
Live commerce company Ntwrk is paying $108.6 million in cash for Complex, less than half of the $300 million BuzzFeed paid for it in 2021.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.