Asos Names Law Roach ‘Stylist in Residence’
Online fashion retailer Asos has brought on celebrity stylist Law Roach to bring his creative lens and styling approach to its campaigns and recently relaunched magazine.
skincare
Beauty
For Coty, Is It Goodbye Gucci?
With its new beauty division, Kering clearly wants to exert more control over its fashion houses’ beauty businesses. That could spell trouble for the companies that currently hold lucrative fragrance and cosmetics licenses.
For Coty, Is It Goodbye Gucci?
With its new beauty division, Kering clearly wants to exert more control over its fashion houses’ beauty businesses. That could spell trouble for the companies that currently hold lucrative fragrance and cosmetics licenses.
Beauty
The Business of Beauty Global Forum Is Coming to California From May 30–June 1, 2023
The Business of Fashion is pleased to announce The Business of Beauty Global Forum, a new invitation only gathering bringing together a dynamic group of executives, entrepreneurs, and creatives from the global beauty and wellness industry, taking place between May 30 and June 1, 2023 at Stanly Ranch, a new five-star resort located in Napa Valley, California, USA.
The Business of Beauty Global Forum Is Coming to California From May 30–June 1, 2023
The Business of Fashion is pleased to announce The Business of Beauty Global Forum, a new invitation only gathering bringing together a dynamic group of executives, entrepreneurs, and creatives from the global beauty and wellness industry, taking place between May 30 and June 1, 2023 at Stanly Ranch, a new five-star resort located in Napa Valley, California, USA.
Beauty
What Happens When Consumers Don’t Trust ‘Clean’
‘Clean’ products have been a driving force in beauty for years. But with no universal standards, the confusion surrounding that label is threatening both its use as a measure of product safety and in marketing.
What Happens When Consumers Don’t Trust ‘Clean’
‘Clean’ products have been a driving force in beauty for years. But with no universal standards, the confusion surrounding that label is threatening both its use as a measure of product safety and in marketing.
Beauty
Sephora Responds to Claim Its Clean Beauty Programme Is Anything But
The LVMH-owned beauty retailer asked a federal judge to dismiss a lawsuit alleging its “Clean at Sephora” designation is false advertising.
Sephora Responds to Claim Its Clean Beauty Programme Is Anything But
The LVMH-owned beauty retailer asked a federal judge to dismiss a lawsuit alleging its “Clean at Sephora” designation is false advertising.
Beauty
Estée Lauder Expects Smaller Fall In 2023 Sales on Resilient Demand
Estée Lauder Cos Inc on Thursday forecast a smaller fall in full-year sales than previously expected, on resilient demand for its skin care and fragrances and an expected recovery in major market China that recently eased its Covid curbs.
Estée Lauder Expects Smaller Fall In 2023 Sales on Resilient Demand
Estée Lauder Cos Inc on Thursday forecast a smaller fall in full-year sales than previously expected, on resilient demand for its skin care and fragrances and an expected recovery in major market China that recently eased its Covid curbs.
Beauty
E.l.f. Beauty Raises Full Year 2023 Outlook
The beauty company today said its net sales grew by 49 percent in the third quarter, ended Dec. 31, 2022, to $146.5 million. Analysts were expecting sales of around $122 million.
E.l.f. Beauty Raises Full Year 2023 Outlook
The beauty company today said its net sales grew by 49 percent in the third quarter, ended Dec. 31, 2022, to $146.5 million. Analysts were expecting sales of around $122 million.
Beauty
Who Are Pat McGrath Labs’ Investors?
Eurazeo, which invested in Pat McGrath Labs in a deal that valued the beauty brand at $1 billion in 2018, quietly sold its stake in the beauty line in 2021, BoF has learned.
Who Are Pat McGrath Labs’ Investors?
Eurazeo, which invested in Pat McGrath Labs in a deal that valued the beauty brand at $1 billion in 2018, quietly sold its stake in the beauty line in 2021, BoF has learned.
Beauty
Why Gen-Z Yellow Will Never Be Millennial Pink
Gen-Z’s bright aesthetic may be rising in popularity, but the generation’s individualistic nature may keep it from becoming a full-blown phenomenon.
Why Gen-Z Yellow Will Never Be Millennial Pink
Gen-Z’s bright aesthetic may be rising in popularity, but the generation’s individualistic nature may keep it from becoming a full-blown phenomenon.
Beauty
Beauty’s Top M&A Targets
The global market has slowed, but the beauty category remains of interest to financial backers. The Business of Beauty identifies the top targets of the year.
Beauty’s Top M&A Targets
The global market has slowed, but the beauty category remains of interest to financial backers. The Business of Beauty identifies the top targets of the year.
Beauty
Hyram Yarbro and Addison Rae Didn’t Need Beauty Brands
Hyram Yarbro and Addison Rae are the latest content creators-turned-founders to discover online fame alone doesn’t translate into beauty sales.
Hyram Yarbro and Addison Rae Didn’t Need Beauty Brands
Hyram Yarbro and Addison Rae are the latest content creators-turned-founders to discover online fame alone doesn’t translate into beauty sales.
Beauty
Morphe Parent Files for Bankruptcy, Parts Ways With Ariana Grande’s R.E.M. Beauty
Following disappointing sales, influencer controversies, layoffs and store closures, the beauty incubator’s assets are to be acquired by lenders.
Morphe Parent Files for Bankruptcy, Parts Ways With Ariana Grande’s R.E.M. Beauty
Following disappointing sales, influencer controversies, layoffs and store closures, the beauty incubator’s assets are to be acquired by lenders.
Beauty
Why It’s So Hard for Fashion Retailers to Succeed in Beauty
It’s hard to break into beauty, on or offline, even if you’re owned by Amazon. As retailers from Trader Joe’s to Moda try to establish dominance in a category with endless points of distribution, it takes more than just populating your site or shelves with bottles and tubes of skin care to get shoppers to see you as a viable seller of beauty. It takes authority, and usually, exclusive focus (Sephora and Ulta Beauty aren’t trying to sell fashion, after all).
Why It’s So Hard for Fashion Retailers to Succeed in Beauty
It’s hard to break into beauty, on or offline, even if you’re owned by Amazon. As retailers from Trader Joe’s to Moda try to establish dominance in a category with endless points of distribution, it takes more than just populating your site or shelves with bottles and tubes of skin care to get shoppers to see you as a viable seller of beauty. It takes authority, and usually, exclusive focus (Sephora and Ulta Beauty aren’t trying to sell fashion, after all).
The News in Brief
Boohoo’s New Chairman Stirs Controversy as Broker Drops Coverage
The online clothing retailer, which rebranded as Debenhams Group last year, said Friday that Iain McDonald had taken over from Tim Morris with immediate effect in a move aimed at ‘rebuilding equity value.’
Luxury Perfume Line Roja London Acquired by Extravaganza Beauty
Master perfumer and founder Roja Dove will remain with the brand in a new consultancy role.
UK Retail Sales Bounce Back With 0.5% Gain in August
Warm weather and a brighter national mood helped lift spending on clothing and household goods despite rising energy bills.
EssilorLuxottica Gets Rare Sell Call Amid Stock Slump, AI Glasses Concerns
Shares in the eyewear giant, one of Europe's best-rated blue chips, have dropped 55 percent since November, while concerns are mounting over slowing growth and privacy issues for its AI glasses with Meta.
Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
Perelel Expands C-Suite, Tapping Rare Beauty’s CMO
Known for its prenatal vitamins, the wellness label has hired Rare Beauty's Ashley Murphy as its chief marketing officer, while Anjelika Temple moves into the chief creative officer role.
Swiss Watch Exports Grow for Fourth Month, Overcoming US Slump
Exports in August were buoyed by China and Japan, despite a sharp decline in shipments to the US.