Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
trends
News & Analysis
What the Return of the Cargo Pant Reveals About Consumer Psychology
Why the polarising style is trending at every segment of the spending spectrum.
News & Analysis
Why Margiela's Tabi Boot Is Minting Money
As the enigmatic designer's split-toe shoe gains a celebrity following years after its initial release, retailers are cashing in.
News & Analysis
What the ‘Amazon Coat’ Reveals About the Future of Shopping
Decoding the style, price and positioning of this season’s most viral piece of outerwear.
News & Analysis
New Outerwear Brands Ride the Instagram Wave
From Kassl Editions to Common Leisure, a flurry of emerging labels are challenging mainstay names like Moncler and luxury brands like Gucci in the fast-growing outerwear category.
Beauty
What’s Behind the Lip Gloss Boom? The 90s Nostalgia, Wellness and Tinder.
High-shine lacquered lips are back on the beauty radar. But like its consumers, lip gloss has grown up and brands have made modifications to improve their formulas.
News & Analysis
Why Puffer Jackets Are at the Centre of Korea’s Class Divide
While the explosive popularity of puffer jackets is a boon for outerwear brands like The North Face and Moncler, the trend highlights some uncomfortable truths about South Korean society.
Global Markets
China’s Running Craze Gains Mileage in Fashion
As China’s running boom gathers pace, spurred by the ‘athleisure’ trend and encouragement from the government, brands are adjusting their strategies.
Beauty
How ‘Glow’ Became Beauty's Latest Obsession
The ultimate signifier of inner health, ‘glow’ has become the new buzzword in beauty.
News & Analysis
Consumers Want to Eat Beef, Not Wear It, Sending Leather Prices Plummeting
More American shoppers want to cover their feet in animal-free footwear.
China
Gold Jewellery Sales Recovering in China, but Platinum Left on the Shelf
Chinese consumers do not have the strong cultural affiliation with platinum that they have with gold.
Retail
The Gucci-Gap Divide: How Luxury Is Winning the Race for Millennial Spend
Luxury labels like Gucci and Balenciaga — whose $1,300 'T-Shirt Shirt' spawned countless memes this week — are pulling away from the pack. When was the last time a Gap t-shirt generated that kind of traction on Instagram?
Luxury
How Denim Brands Can Stay Cool
The jeans of the moment have an inherently limited lifespan linked to the zeitgeist. But the shrewdest labels are able to maintain relevance and keep revenue coming in when the moment passes.
The News in Brief
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.
Beauty and Home Care Drive Unilever Sales, Food Unit Falters
The UK conglomerate raised its annual volume growth forecast on beauty, personal and home care demand, despite a lagging food sector and the impact of geopolitical conflict on costs.
Carlos Nazario Appointed Editor in Chief of Wonderland
The fashion editor and stylist is reuniting with longtime collaborator Alastair McKimm, chief creative officer of Wonderland parent Visual Talent Ltd.
Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Zegna to Take Summer Fashion Show to Beijing
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.