Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
start-ups
Partner Content
The Estée Lauder Companies’ New Incubation Ventures Seeks the Next Generation of Beauty Talent in India
New Incubation Ventures expands the scope and scale of the second edition of the Beauty & You India awards programme to celebrate the significant contributions of the beauty ecosystem and to continue its mission to discover, spotlight and propel the next generation of Indian beauty.
The Estée Lauder Companies’ New Incubation Ventures Seeks the Next Generation of Beauty Talent in India
New Incubation Ventures expands the scope and scale of the second edition of the Beauty & You India awards programme to celebrate the significant contributions of the beauty ecosystem and to continue its mission to discover, spotlight and propel the next generation of Indian beauty.
Partner Content
How E-Commerce and SMEs Are Transforming Africa’s Fashion Industries
The potential of the African continent as both a manufacturing hub and consumer market is still largely untapped. BoF shares key insights from sector specialists on the driving forces behind the evolution of Africa’s fashion industry and identifies what opportunities exist for local and international businesses.
How E-Commerce and SMEs Are Transforming Africa’s Fashion Industries
The potential of the African continent as both a manufacturing hub and consumer market is still largely untapped. BoF shares key insights from sector specialists on the driving forces behind the evolution of Africa’s fashion industry and identifies what opportunities exist for local and international businesses.
Direct-to-Consumer
Tamara Mellon Announces Partnership With Footwear Licensing Company
Luxury shoe designer Tamara Mellon is partnering with licensing company Titan Industries to operate and manufacture her namesake brand, the two companies announced Friday.
Tamara Mellon Announces Partnership With Footwear Licensing Company
Luxury shoe designer Tamara Mellon is partnering with licensing company Titan Industries to operate and manufacture her namesake brand, the two companies announced Friday.
Sustainability
Walmart Partners With Fashion Tech Start-Up to Pilot Carbon-Captured Textiles
The retail giant is partnering with Rubi Laboratories to experiment with turning carbon emissions into textiles.
Walmart Partners With Fashion Tech Start-Up to Pilot Carbon-Captured Textiles
The retail giant is partnering with Rubi Laboratories to experiment with turning carbon emissions into textiles.
The News in Brief
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.