Estée Lauder Raises Outlook, Buoyed by Perfume Demand
Demand for the US conglomerate’s luxury fragrance brands like Le Labo, Tom Ford and By Kilian offset weaker performance from its makeup and haircare divisions.

At New York Climate Week, fashion again pledged to turn its talk into action, with the launch of a new coalition bringing together dozens of brands, manufacturers, retailers and innovators. Real reductions of the industry’s impact, meanwhile, remain elusive.

Luxury’s biggest brands have tightened supplier oversight since a sweatshops scandal threatened to taint their reputations, but critics say compliance efforts have stalled and little has been done to tackle the systemic issues that enable labour exploitation.

As extreme weather and nature loss threaten fashion’s access to key raw materials, the industry is looking for ways to shore up supply chains. Early results show it’s possible to build resilience, but also how difficult it is to scale effective action.

Owners of small businesses have taken to social media to complain about a new EU packaging rule they say creates costs and complexities they aren't equipped to handle. Here's what you need to know about it.
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The industry’s underlying economics still make it difficult for more sustainable business models to compete. Brands that take responsibility for a garment’s full lifecycle, including what happens after it’s sold and then discarded, shoulder costs that others don’t.

Companies from luxury groups to high-street giants are rethinking what to do with unsold goods in the EU as its ban on destroying excess inventory takes effect. Critics say loopholes in the rules could cause problems.

Fashion’s biggest sustainability challenges don’t exist in isolation. Increasingly, neither do the solutions.

The new legislation introduces advertising restrictions and financial penalties aimed squarely at ultra-fast fashion platforms like Shein and Temu while largely sparing European players such as Zara and H&M.
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With the US, EU and Canada introducing measures on forced labour in supply chains, traceability is no longer just a sustainability initiative but a necessity for market access.

A new report finds suppliers and workers are absorbing the industry’s relentless push for lower prices more than ever before, while Shein’s acquisition of Everlane underscores how fashion’ current growth model still remains deeply at odds with sustainability.

At this year’s Global Fashion Summit, the industry reframed sustainability around its financial value and presented it as a business survival strategy.

A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.
Demand for the US conglomerate’s luxury fragrance brands like Le Labo, Tom Ford and By Kilian offset weaker performance from its makeup and haircare divisions.
Violent protests over pay levels forced the closure of more than 500 factories over the weekend.
Former Kiehl’s general manager John Reed will lead the label, which was acquired by Roundtable Healthcare Partners earlier this year.
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.
The Tata Group-owned business beat expectations, shoring up confidence in its fashion business after a period of sluggish performance.
Chasity Monroe has been appointed as the label’s chief executive as it undergoes a wider brand refresh.