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.

Gucci, Prada and Balenciaga are increasingly looking to sneakers for growth, putting them in direct competition with sportswear giants like Nike and Adidas.

With garments spelling ‘I Want to Die’ and accessories like syringes and bandages, a dark offshoot of the oppressively cute ‘kawaii’ culture is addressing the hush-hush topic of depression and mental illness in Japan.

Jeans have struggled to beat back more comfortable styles such as leggings and yoga wear, but fashion brands are renewing their focus on denim.

The off-price sector will continue to grow in 2018, but the fashion industry could be put at risk of margin erosion unless companies carefully consider their off-price channel strategies.

Several established luxury houses including Balenciaga, Dior Homme and Lanvin have turned to chunky footwear as they target increasingly street-savvy consumers.

Uniqueness, accessible pricing and a strong social media presence are buoying niche bag brands like Cult Gaia, Staud and Danse Lente.

Learning to analyse digital demand signals is the key to staying on trend, argues Yarden Horwitz, one of the 10 winners of BoF's Future VOICES Challenge.

Once the preserve of mass-market retailers and specialised hosiery firms, socks have become an accessible staple on fashion’s new frontier.

From Cos to Céline to Chopard, brands are doubling down on statement earrings in exaggerated sizes and mismatched colours to tap a new generation of consumers.

The status quo spells certain death for design-driven brands unless they tap new technologies and Economies of Small, argues Lawrence Lenihan.

Aerie, and parent company American Eagle Outfitters Inc., got a jump-start on other lingerie sellers by specialising in less-lined bras just as the trend took hold last year.

"The silver economy is on the rise."
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.
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.
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.
The fashion editor and stylist is reuniting with longtime collaborator Alastair McKimm, chief creative officer of Wonderland parent Visual Talent Ltd.
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).
Sales in the Americas fell 70 to 75 percent.
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.
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.