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.
stores
Beauty
Katrina Kaif Brings Indian Beauty to the World
In just six years, Kay Beauty has become India’s fastest-growing celebrity-founded beauty line. Kaif and Nykaa co-founder Adwaita Nayar spoke exclusively to The Business of Beauty about the brand’s global ambitions.
Katrina Kaif Brings Indian Beauty to the World
In just six years, Kay Beauty has become India’s fastest-growing celebrity-founded beauty line. Kaif and Nykaa co-founder Adwaita Nayar spoke exclusively to The Business of Beauty about the brand’s global ambitions.
Beauty
Is Now the Moment for $160 Lipstick? Louis Vuitton Hopes So
The fashion house’s reveal of its debut cosmetics line has fired off a hot debate about the limits of what brands can charge for beauty. Will that noise translate into sales? Or did luxury’s biggest brand misjudge the moment?
Is Now the Moment for $160 Lipstick? Louis Vuitton Hopes So
The fashion house’s reveal of its debut cosmetics line has fired off a hot debate about the limits of what brands can charge for beauty. Will that noise translate into sales? Or did luxury’s biggest brand misjudge the moment?
Beauty
Louis Vuitton Tests the Limits of Luxury Beauty With $160 Lipsticks
The range of 55 lipsticks, 10 lip balms and eight eyeshadow palettes will launch globally on Aug. 29 in select Louis Vuitton stores. At those prices, who’s buying?
Louis Vuitton Tests the Limits of Luxury Beauty With $160 Lipsticks
The range of 55 lipsticks, 10 lip balms and eight eyeshadow palettes will launch globally on Aug. 29 in select Louis Vuitton stores. At those prices, who’s buying?
Beauty
Why Ulta Beauty and Target Broke Up
The largest beauty retailer in the US announced it will not renew its shop-in-shop partnership with Target. While initially popular, poor execution, changing shopping habits and overlap between the two stores’ locations and customers brought the collaboration to a halt, experts said.
Why Ulta Beauty and Target Broke Up
The largest beauty retailer in the US announced it will not renew its shop-in-shop partnership with Target. While initially popular, poor execution, changing shopping habits and overlap between the two stores’ locations and customers brought the collaboration to a halt, experts said.
Beauty
Ulta Beauty to Cease Shop-in-Shop Partnership With Target
The programme, which has run in 610 stores since 2021, will end in August 2026 when the initial partnership agreement expires.
Ulta Beauty to Cease Shop-in-Shop Partnership With Target
The programme, which has run in 610 stores since 2021, will end in August 2026 when the initial partnership agreement expires.
Beauty
E.l.f. Beauty Net Sales Rise 9%, Will Enter Sephora Middle East
The cosmetics and skincare company saw sales rise for a 26th consecutive quarter, but declined to issue full-year guidance due to tariffs in the US.
E.l.f. Beauty Net Sales Rise 9%, Will Enter Sephora Middle East
The cosmetics and skincare company saw sales rise for a 26th consecutive quarter, but declined to issue full-year guidance due to tariffs in the US.
Luxury
Tired of the Hamptons? Fashion Isn’t
The lines are long, the prices astronomical and the influencer presence inescapable — but the Hamptons remain a key stage for brands chasing wealthy customers.
Tired of the Hamptons? Fashion Isn’t
The lines are long, the prices astronomical and the influencer presence inescapable — but the Hamptons remain a key stage for brands chasing wealthy customers.
Beauty
Satoshi Kuwata’s Perfume Dreams Come True
Setchu’s debut collection of five fragrances will be sold at Dover Street Market in September after an unveiling at Pitti Fragranze in Milan, founder Satoshi Kuwata exclusively told The Business of Beauty.
Satoshi Kuwata’s Perfume Dreams Come True
Setchu’s debut collection of five fragrances will be sold at Dover Street Market in September after an unveiling at Pitti Fragranze in Milan, founder Satoshi Kuwata exclusively told The Business of Beauty.
Beauty
LA’s Uneven Road to Post-Fire Recovery
Six months after the Eaton and Palisades fires, fashion and beauty businesses are just starting to imagine what rebuilding will look like in a world increasingly beset by climate change-related disasters.
LA’s Uneven Road to Post-Fire Recovery
Six months after the Eaton and Palisades fires, fashion and beauty businesses are just starting to imagine what rebuilding will look like in a world increasingly beset by climate change-related disasters.
Beauty
Space NK Bets on Young Shoppers With New London Megastore
The attention-grabbing new store on London’s Oxford Street is the British chain’s most ambitious gambit yet, and joins a flock of global beauty retailers debuting flagships packed with experiential elements.
Space NK Bets on Young Shoppers With New London Megastore
The attention-grabbing new store on London’s Oxford Street is the British chain’s most ambitious gambit yet, and joins a flock of global beauty retailers debuting flagships packed with experiential elements.
Beauty
Exclusive: Violet Grey Names Former Bluemercury Executive as Group President
Tracy Kline will join the boutique retailer and content platform as group president, effective June 9 as the company continues to ratchet up its growth strategy.
Exclusive: Violet Grey Names Former Bluemercury Executive as Group President
Tracy Kline will join the boutique retailer and content platform as group president, effective June 9 as the company continues to ratchet up its growth strategy.
Beauty
How Niche Perfumers Pay to Win
Luxury fragrance houses like Marc-Antoine Barrois, Amouge and Krigler are pouring investment into their retail spaces, master perfumers and artisanal manufacturing — and reaping double-digit sales growth.
How Niche Perfumers Pay to Win
Luxury fragrance houses like Marc-Antoine Barrois, Amouge and Krigler are pouring investment into their retail spaces, master perfumers and artisanal manufacturing — and reaping double-digit sales growth.
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.