Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Virtual Reality
Latest News & Analysis
Fashion Week
Who Will Win the Digital Fashion Week Battle?
Even after physical shows return, many in the industry expect the use of digital communication tools will permanently shift the schedule, cadence and strategy of runway shows. Which platforms will emerge dominant?
News & Analysis
Fashion Meets Fortnite: 3D Clothes and Digital Catwalks
"The pandemic is forcing the industry to get creative online and look to precedents set by gaming."
Technology
E-Commerce Is Boring. A Jeff Bezos-Backed Start-Up Wants to Change That.
A start-up is betting on virtual reality to spice up the online shopping experience. Goodbye thumbnail product images, hello 'underwater stores' and CGI yoga studios.
News & Analysis
L'Oreal to Provide Virtual Make-Up Tech for Amazon
The french cosmetics company struck a deal with Amazon, bringing a makeup-testing feature using augmented reality to the platform.
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Technology
Bits & Bytes | Instagram's Retail Salvation, Online Retailers Compete for New Designers
This week, retail design is adapting to an internet age, while luxury e-commerce platforms launch initiatives to highlight young talent.
News & Analysis
Soon, the Most Beautiful People in the World May No Longer Be Human
"Virtual models are just the beginning of the avatar revolution, some industry observers say."
Retail
Walmart Rolls Out 3D Virtual Online Shopping
The announcement comes at a time when retailers are seeking technological advancements to enhance in-store and online customer experience.
Technology
Virtual Reality: Growth Engine for Fashion?
Though some are sceptical, many believe virtual reality and augmented reality have the potential to profoundly enhance both the back and front ends of the fashion business.
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Technology
Bits & Bytes | AR Will Beat VR, Weibo Lures Luxury Brands
This week, the comeback of Chinese social media app Weibo has attracted luxury brands and why augmented reality is set to be bigger than virtual reality.
News & Analysis
Why AR Will be Bigger Than VR
"VR’s less-hyped sibling, augmented reality (AR), is ripe with opportunity right now."
News & Analysis
Google and Facebook Chase New Kind of VR Headset
Facebook and Google made it clear that they’re both rushing toward a middle ground.
News & Analysis
Nielsen Says Mainstream Consumers Really Are Interested in Virtual Reality
The question of whether virtual reality will become a mainstream medium has in some ways been more of a "chicken or egg" dilemma.
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
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.
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.