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.
politics
Latest News & Analysis
News & Analysis
Biden Just Won a Narrow Victory. Is Washington Gridlock Good for Fashion?
This week, everyone will be talking about the results of the US election, the booming resale market, Singles Day and Farfetch's results. Get your BoF Professional Cheat Sheet.
News & Analysis
How Is Fashion Voting in the US Election?
This week, everyone will be talking about the US election, Richemont's latest results and the start of the holiday shopping season. Get your BoF Professional Cheat Sheet.
News & Analysis
The US Election: What’s at Stake for Fashion?
The outcome of a highly contentious presidential race in a deeply polarised superpower has significant implications for the global fashion industry.
Marketing
Why Fashion Brands Keep Telling You to Vote
With everything from $850 cashmere sweaters to screen-printed tote bags, brands are using ‘vote’ merchandise to connect with consumers.
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Marketing
The Risks and Rewards of Dressing American Politicians
In a polarised country, dressing political figures can boost brand awareness and sales, but it can also backfire.
Media
Who Is Fashion Stumping For in 2020?
While the Democratic nomination is still very much up for grabs, industry insiders are already showing public support for their favourite presidential candidates — and sometimes even taking things a step further.
Marketing
Op-Ed | This Election Year, Politics Is Good Business
For decades, corporate neutrality was the norm, but with a presidential election looming in the US, 2020 is set to be different. If they take the right approach, businesses can turn the next 11 months into an authentic branding opportunity, argues Hildy Kuryk.
Sustainability
As Climate Crisis Hits Tipping Point, Fashion Comes to Davos. Is It Enough?
Leaders from big fashion brands descended on the World Economic Forum for the first time with the climate crisis top of mind. But the elephant in the room was the fundamental tension between sustainability and growth.
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News & Analysis
Michael Avenatti to Face Nike Extortion Case
Prosecutors said the celebrity lawyer threatened to publicise claims of improper payments unless Nike paid him to conduct a probe.
Financial Markets
The Year Ahead: Macroeconomic Headwinds Put Companies on High Alert
Continued caution is advised as mounting underlying turmoil could disrupt relations among both developed and emerging market economies.
Luxury
The BoF Podcast: 2019’s Pivotal Fashion Moments
This week on Inside Fashion, BoF’s Imran Amed and Tim Blanks discuss the key themes and events that defined the global fashion industry in 2019.
China
This Decade in China: Part Two
BoF reflects on the past decade, examining the trends that shaped China’s fashion, beauty, luxury and retail landscape, from the fall of foreign fast fashion brands, to Hong Kong’s pro-democracy protests.
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.