Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
stores
Direct-to-Consumer
Report: Outdoor Voices’ Former Employees Say Bankruptcy Is Imminent
The embattled athleisure brand has mounting cash problems, Sourcing Journal says.
Report: Outdoor Voices’ Former Employees Say Bankruptcy Is Imminent
The embattled athleisure brand has mounting cash problems, Sourcing Journal says.
Direct-to-Consumer
Can Allbirds Survive Its Own Turnaround Plan?
An executive shakeup at the embattled sneaker seller adds a new layer of complexity as sales and profit continue to decline.
Can Allbirds Survive Its Own Turnaround Plan?
An executive shakeup at the embattled sneaker seller adds a new layer of complexity as sales and profit continue to decline.
Beauty
Sephora To Withdraw From Korea
The LVMH-owned beauty retailer will cease all local operations in Korea beginning May 6.
Sephora To Withdraw From Korea
The LVMH-owned beauty retailer will cease all local operations in Korea beginning May 6.
Luxury
Luxury’s Latest Battleground: Real Estate
Top luxury groups are buying real estate to secure landmark store locations with serious implications for second-tier players who are already struggling to stay on key luxury streets, writes Luca Solca.
Luxury’s Latest Battleground: Real Estate
Top luxury groups are buying real estate to secure landmark store locations with serious implications for second-tier players who are already struggling to stay on key luxury streets, writes Luca Solca.
Beauty
Leader of US Retail Theft Ring That Allegedly Stole $8 Million in Cosmetics Caught
In December, police arrested the 53-year-old along with her husband, Kenneth, taking the pair into custody on their sprawling property.
Leader of US Retail Theft Ring That Allegedly Stole $8 Million in Cosmetics Caught
In December, police arrested the 53-year-old along with her husband, Kenneth, taking the pair into custody on their sprawling property.
Beauty
CVC’s Beauty Chain Douglas Sets Terms for $991 Million IPO
The shares are being marketed at €26 to €30 each, the company said in a statement.
CVC’s Beauty Chain Douglas Sets Terms for $991 Million IPO
The shares are being marketed at €26 to €30 each, the company said in a statement.
Workplace & Talent
Is It Time for Retailers to Rethink the Part-Time Work Model?
Fashion companies rely heavily on part-time associates to respond to a volatile industry where demand is often seasonal and margins are thin — but many drop the ball when it comes to making the job rewarding.
Is It Time for Retailers to Rethink the Part-Time Work Model?
Fashion companies rely heavily on part-time associates to respond to a volatile industry where demand is often seasonal and margins are thin — but many drop the ball when it comes to making the job rewarding.
Partner Content
How Jewellery Retailer Pandora Is Evolving and Elevating Its Brand
A four-part strategy is ushering in a new phase of growth at global jewellery brand Pandora. Its chief marketing officer, Mary Carmen Gasco-Buisson, discusses the investments made across product design and brand marketing to capture the attention of new consumers.
How Jewellery Retailer Pandora Is Evolving and Elevating Its Brand
A four-part strategy is ushering in a new phase of growth at global jewellery brand Pandora. Its chief marketing officer, Mary Carmen Gasco-Buisson, discusses the investments made across product design and brand marketing to capture the attention of new consumers.
Retail
Gap, Abercrombie and (Sort of) Nike: Earnings to Watch This Week
Big, mainstream brands report fourth-quarter results, plus what else to watch for in the coming days.
Gap, Abercrombie and (Sort of) Nike: Earnings to Watch This Week
Big, mainstream brands report fourth-quarter results, plus what else to watch for in the coming days.
Direct-to-Consumer
Warby Parker Continues Stable Growth and Store Expansions
Warby Parker’s revenue for 2023 rose 12 percent year over year to $670 million, beating estimates, as the eyewear maker’s store expansion continues to be a growth driver.
Warby Parker Continues Stable Growth and Store Expansions
Warby Parker’s revenue for 2023 rose 12 percent year over year to $670 million, beating estimates, as the eyewear maker’s store expansion continues to be a growth driver.
Retail
Uniqlo’s Sister Brand GU Aiming to Take On Markets in US, Europe
While GU, with slightly lower prices than Uniqlo and clothes aimed at younger clientele, has a solid presence in Japan, it’s less known in other major markets. Building its presence abroad is part of Fast Retailing founder Tadashi Yanai’s push to “become a true global player,” by first doubling annual profit to ¥5 trillion within a few years.
Uniqlo’s Sister Brand GU Aiming to Take On Markets in US, Europe
While GU, with slightly lower prices than Uniqlo and clothes aimed at younger clientele, has a solid presence in Japan, it’s less known in other major markets. Building its presence abroad is part of Fast Retailing founder Tadashi Yanai’s push to “become a true global player,” by first doubling annual profit to ¥5 trillion within a few years.
Retail
Rowing Blazers Acquired By Burch Creative Capital
The deal will inject new capital into the New York-based preppy streetwear brand, allowing it to expand its women’s assortment and move into a bigger flagship in Manhattan.
Rowing Blazers Acquired By Burch Creative Capital
The deal will inject new capital into the New York-based preppy streetwear brand, allowing it to expand its women’s assortment and move into a bigger flagship in Manhattan.
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.