Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
tariff
Luxury
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty
Swatch Group CEO Nick Hayek has front-loaded shipments to the US, is targeting American shoppers as they travel abroad and has raised its prices as it grapples with a new 39 percent US tariff on Swiss-made products.
Swiss Watch Giant Navigates Trump’s Tariff Uncertainty
Swatch Group CEO Nick Hayek has front-loaded shipments to the US, is targeting American shoppers as they travel abroad and has raised its prices as it grapples with a new 39 percent US tariff on Swiss-made products.
Global Markets
Worldview | Colombia’s Record-Breaking Fashion Event
This week’s round-up of global markets fashion business news also features ultra-fast-fashion brands in Mexico, China’s JD.com and the latest US tariffs on India, Bangladesh and Cambodia.
Worldview | Colombia’s Record-Breaking Fashion Event
This week’s round-up of global markets fashion business news also features ultra-fast-fashion brands in Mexico, China’s JD.com and the latest US tariffs on India, Bangladesh and Cambodia.
Beauty
Shiseido’s Identity Crisis
Japan’s largest beauty conglomerate has had a difficult time adjusting to the shifting cosmetics market, prompting a series of pivots and restructurings. Moving forward may require breaking with past mistakes.
Shiseido’s Identity Crisis
Japan’s largest beauty conglomerate has had a difficult time adjusting to the shifting cosmetics market, prompting a series of pivots and restructurings. Moving forward may require breaking with past mistakes.
Luxury
Swiss Luxury Watchmakers’ Shares Drop After Trump Tariff Shock
The sector is already under pressure from a stronger franc and falling global demand.
Swiss Luxury Watchmakers’ Shares Drop After Trump Tariff Shock
The sector is already under pressure from a stronger franc and falling global demand.
Executive Briefings
The Executive Briefing: Luxury’s Deepening Crisis; Dopamine Culture, Explained; Rise of the AI Agents
Luxury fashion’s woes keep piling up, and the effects of the attention economy bears much of the blame. Plus, brands prepare for an onslaught of AI shopping assistants and the fragrance boom rolls on. Read on for your concise breakdown of July’s key developments from executive editor Brian Baskin.
The Executive Briefing: Luxury’s Deepening Crisis; Dopamine Culture, Explained; Rise of the AI Agents
Luxury fashion’s woes keep piling up, and the effects of the attention economy bears much of the blame. Plus, brands prepare for an onslaught of AI shopping assistants and the fragrance boom rolls on. Read on for your concise breakdown of July’s key developments from executive editor Brian Baskin.
Luxury
Watches of Switzerland Tumbles After Trump’s 39 percent Tariff Salvo
Shares in the retailer of Rolex and other Swiss timepieces fell as much as 6 percent, as Switzerland was hit with some of the highest duties globally.
Watches of Switzerland Tumbles After Trump’s 39 percent Tariff Salvo
Shares in the retailer of Rolex and other Swiss timepieces fell as much as 6 percent, as Switzerland was hit with some of the highest duties globally.
Global Markets
China’s Fast-Fashion Capital Slows Down Under Trump’s Trade War
Garment factories in Guangzhou are struggling to manage a tempest of geopolitical and economic headwinds.
China’s Fast-Fashion Capital Slows Down Under Trump’s Trade War
Garment factories in Guangzhou are struggling to manage a tempest of geopolitical and economic headwinds.
Global Markets
Relief in Southeast Asia As Trump’s Tariffs Level Playing Field
Major garment producers like Vietnam and Cambodia now face similar tariff rates of around 20 percent, lower than previously threatened.
Relief in Southeast Asia As Trump’s Tariffs Level Playing Field
Major garment producers like Vietnam and Cambodia now face similar tariff rates of around 20 percent, lower than previously threatened.
Retail
End of US Parcel Tax Relief Threatens Ebay, Etsy Trade
The removal of the “de minimis” exemption for small parcels entering the US will raise the cost of international shipments for the secondhand and craft retail platforms.
End of US Parcel Tax Relief Threatens Ebay, Etsy Trade
The removal of the “de minimis” exemption for small parcels entering the US will raise the cost of international shipments for the secondhand and craft retail platforms.
Global Markets
Asia Factory Outlook at Lowest Since Pandemic on Trump Tariffs
Manufacturers in Southeast Asia are less optimistic about future growth, despite recent improvements in output, amid tariff uncertainty.
Asia Factory Outlook at Lowest Since Pandemic on Trump Tariffs
Manufacturers in Southeast Asia are less optimistic about future growth, despite recent improvements in output, amid tariff uncertainty.
Global Markets
India’s Garment and Jewellery Sectors Fear for US Orders After Tariff Shock
New US tariffs on Indian imports are expected to significantly impact India’s exporters, potentially leading to job cuts and a shift in orders to other countries like Vietnam.
India’s Garment and Jewellery Sectors Fear for US Orders After Tariff Shock
New US tariffs on Indian imports are expected to significantly impact India’s exporters, potentially leading to job cuts and a shift in orders to other countries like Vietnam.
Retail
Brands From Adidas to L’Oréal Confront Tariff Pricing Dilemma
From fashion to beauty, consumer goods companies are deploying a range of strategies to blunt the impact of US tariffs.
Brands From Adidas to L’Oréal Confront Tariff Pricing Dilemma
From fashion to beauty, consumer goods companies are deploying a range of strategies to blunt the impact of US tariffs.
The News in Brief
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.