Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Pricing
Latest News & Analysis
News & Analysis
As Inflation Eases, What Will Make Chinese Consumers Spend More?
"While it’s not in luxury brands’ best interests to give away vouchers, they need to start considering their own versions of stimulus packages to
Sustainability
Case Study | How to Talk to Customers About Fashion’s Dirty Secrets
Brands like Everlane, Reformation and Veja have grabbed the attention of coveted Millennial and Gen-Z consumers with promises of radical transparency on company ethics, sustainability and pricing. But following through is a delicate balancing act. Our latest in-depth case study investigates.
News & Analysis
Prada Shrinks Wholesalers to Support Full-Price Sales
The Milan-based company plans to end relations with some Italian and European wholesale partners and gradually replace them with new digital players.
China
Why Chanel Is Raising Prices On Its Most Popular Bags
This week, everyone will be talking about Chanel's global price hike, Tapestry's take on the US-China trade war and Cardi B's collection for Fashion Nova. Read our BoF Professional Cheat Sheet.
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News & Analysis
Gap Might Increase Its Prices Due to Tariffs on Chinese Goods
While most of the apparel company’s products are from Vietnam, about 22 percent still come from China.
China
Cheaper Luxury Gets Chinese Excited
Louis Vuitton, Gucci, Hermès and Burberry all reduced their prices in China this month. Who is next and how will this impact the bottom line?
News & Analysis
How to Set the Right Price
For fashion brands, formulating a strong pricing strategy is both science and art.
China
China Plans Tariff Cut on Wide Range of Consumer Goods
Cosmetics, health products and more are included in the cuts scheduled for July 1.
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News & Analysis
How Much Did That Zipper Cost? With Transparency Pricing, You Know Everything
"Advocates of transparent pricing say that it appeals in particular to millennials — who often want to know not only the provenance of the goods they
News & Analysis
LA Prosecutors Are Accusing Four Big Retailers of Tricking Shoppers
"The Los Angeles city attorney’s office has sued four big retailers, alleging deceptive advertising that it says misled shoppers into believing that
News & Analysis
L’Oreal to Be ‘Cautious’ on UK Price Hikes After Pound’s Slump
L’Oreal SA chief executive officer Jean-Paul Agon says it is not the fault of customer that some production costs are rising.
Retail
The Price of Transparency
The way luxury goods are priced in global markets is more transparent than ever, skewing where people shop, fuelling the grey market and dragging down sales, with no clear solution in sight.
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
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.
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.