Olaplex Names New CEO
Christoph Kaul will succeed Amanda Baldwin, who led the hair care label through its acquisition by Henkel earlier this year.
travel-retail
News & Analysis
As Trade War Looms, Duty-Free Retailer Dufry Sees Opportunities
The world’s largest duty-free seller would gain amid new tariffs.
As Trade War Looms, Duty-Free Retailer Dufry Sees Opportunities
The world’s largest duty-free seller would gain amid new tariffs.
Beauty
Thai Beauty Brands Tap into Chinese Tourism Boom
Thai beauty companies are capitalising on the flow of Chinese consumers, the country's biggest source of tourists.
Thai Beauty Brands Tap into Chinese Tourism Boom
Thai beauty companies are capitalising on the flow of Chinese consumers, the country's biggest source of tourists.
Retail
LVMH Expands Gourmet Grocer La Grande Epicerie
The new branch comes amid a wave of investment in luxury stores and hotels in the French capital by LVMH and other firms hoping to profit from a recovery in tourist traffic.
LVMH Expands Gourmet Grocer La Grande Epicerie
The new branch comes amid a wave of investment in luxury stores and hotels in the French capital by LVMH and other firms hoping to profit from a recovery in tourist traffic.
Global Markets
Chanel and Gucci Hike Prices as South Korea and China End Dispute
The countries have agreed to restore ties after a year-long dispute over the deployment of a US anti-missile system, which has been devastating to some Korean businesses that rely on Chinese consumers.
Chanel and Gucci Hike Prices as South Korea and China End Dispute
The countries have agreed to restore ties after a year-long dispute over the deployment of a US anti-missile system, which has been devastating to some Korean businesses that rely on Chinese consumers.
News & Analysis
Airport Profits: Ready to Depart
"Boring shops, extra security and ride-hailing are hurting airports."
Airport Profits: Ready to Depart
"Boring shops, extra security and ride-hailing are hurting airports."
News & Analysis
Who Really Shops at High-End Airport Stores? A Lot of People, and They Spend Thousands
"Airports are a bright spot in what is otherwise frequently called the retail apocalypse."
Who Really Shops at High-End Airport Stores? A Lot of People, and They Spend Thousands
"Airports are a bright spot in what is otherwise frequently called the retail apocalypse."
Luxury
Richemont Buys 5 Percent Stake in Duty-Free Retailer Dufry
The Swiss luxury goods giant has disclosed it has a 5 percent stake in one of the world's largest duty-free retailers Dufry, following in the footsteps of its luxury peer LVMH in investing in travel retail.
Richemont Buys 5 Percent Stake in Duty-Free Retailer Dufry
The Swiss luxury goods giant has disclosed it has a 5 percent stake in one of the world's largest duty-free retailers Dufry, following in the footsteps of its luxury peer LVMH in investing in travel retail.
China
The China Edit | Chinese Tourist Spending Falls, Alibaba Hits Australia
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
The China Edit | Chinese Tourist Spending Falls, Alibaba Hits Australia
This week, why the average Chinese tourist is spending less abroad, while the Alibaba Group expands into Australia and New Zealand.
China
Chinese New Year Shoppers Expand Their Horizons
As more countries lift visa restrictions, increasingly adventurous Chinese travellers are turning their gaze to off-the-radar destinations like Morocco, Peru and Tonga.
Chinese New Year Shoppers Expand Their Horizons
As more countries lift visa restrictions, increasingly adventurous Chinese travellers are turning their gaze to off-the-radar destinations like Morocco, Peru and Tonga.
China
The China Edit | China's New Couture, Alibaba CEO Says Trade War Unlikely
This week, new Chinese couturiers make their debut in Paris, and Alibaba's Jack Ma says the possibility of a trade war are slim.
The China Edit | China's New Couture, Alibaba CEO Says Trade War Unlikely
This week, new Chinese couturiers make their debut in Paris, and Alibaba's Jack Ma says the possibility of a trade war are slim.
Luxury
Brexit Effect Drives Tourist Spending in the UK
The sharp decline in the British pound has sparked an influx of Asian and American tourists looking for cheaper luxury goods.
Brexit Effect Drives Tourist Spending in the UK
The sharp decline in the British pound has sparked an influx of Asian and American tourists looking for cheaper luxury goods.
China
How Tsum’s Bet on Chinese Tourists Beat the Russian Recession
Tsum’s chief executive Alexander Pavlov explains how ‘red tourism’ from China and quick-response pricing strategies helped boost sales at the Russian department store by 40 percent.
How Tsum’s Bet on Chinese Tourists Beat the Russian Recession
Tsum’s chief executive Alexander Pavlov explains how ‘red tourism’ from China and quick-response pricing strategies helped boost sales at the Russian department store by 40 percent.
The News in Brief
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.
Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
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.”
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.