L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.

This week, everyone will be talking about LVMH’s post-pandemic outlook at its annual meeting, the start of Ramadan and BoF’s Professional Summit on closing fashion’s sustainability gap.

This week, everyone will be talking about which designers will produce viral looks at the Met Gala, Louis Vuitton's cruise show in New York and modest fashion's Ramadan moment. Read our BoF Professional Cheat Sheet.

On the eve of Ramadan, London outposts of Middle Eastern boutiques are preparing for an influx of shoppers from the region during next month's Eid holiday.

DUBAI, United Arab Emirates — Glitzy billboards in the Middle East and postage stamps in the U.S. Advertisements for lingerie and sales on modest
ADVERTISEMENT
ADVERTISEMENT
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.
The European investor, which previously backed Medik8, has taken a 49 percent stake in the premium French nail line.
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.