Media Hype

Even as wellness fads come and go, the year 2024 revealed a few salient shifts in the industry, including a growing focus on longevity, widespread adoption of GLP-1 agonist medicines and a burgeoning men’s market that points to longer-term evolution. from The Business of Fashion https://ift.tt/5GSFcTY

This year, marketing efforts for everything from skincare to fragrance targeted new cohorts — Gen Alpha, male athletes, pet owners, “MomTok” — and across more channels than ever. from The Business of Fashion https://ift.tt/e8j95xL

In a year defined by election-year upheaval, muted advocacy, the rapid dissolution of diversity programmes, and ongoing AI disruption, settling on hybrid work arrangements was one of the few areas where fashion firms found stability. from The Business of Fashion https://ift.tt/1LAITFC

At VOICES 2024, BoF sustainability correspondent Sarah Kent sits down with a panel of experts to discuss how fashion can operate under increasingly unsustainable climate conditions. from The Business of Fashion https://ift.tt/d3q1CKw

A high-stakes succession saga at Estée Lauder Companies may have dominated headlines, but in 2024, many top beauty companies were in the midst of change and transformation. from The Business of Fashion https://ift.tt/DBbJU1k

This year offered up a jarring reality check for players seeking to improve the industry’s environmental and social impact, with brands deprioritising sustainability efforts even as the risks of inaction have become more apparent. from The Business of Fashion https://ift.tt/O7WI05C

2024 was a banner year for both the lip category and the young consumers that craved them. But it could have been a better one for mass brands, or the prestige ones that are still hoping to be acquired. from The Business of Fashion https://ift.tt/2sdKmli

Fragrance was a standout category in 2024 amid slowdowns in the greater beauty and luxury fashion industries as brands of all types (and price points) joined the scent business, niche labels scored investments and mass perfumes drove global trends. from The Business of Fashion https://ift.tt/8qP0BSh

The $2.7 billion merger counts Amazon, G-III Apparel Group and Authentic Brands Group as investors. from The Business of Fashion https://ift.tt/zXY9vQ6

The new law will give models working in the state greater protection from exploitation, harassment and AI. from The Business of Fashion https://ift.tt/7GVEvp9

One of the biggest winners in the years following the pandemic, the skincare category has started to normalise, with consumers looking for more instant results, niche brands and in-office treatments. from The Business of Fashion https://ift.tt/KxrkvLE

In 2024, fashion businesses across Asia, the Middle East, Africa, Eastern Europe and Latin America navigated a web of opportunities and challenges, adapting strategies to both seismic and subtle shifts in the global market. from The Business of Fashion https://ift.tt/1jKH7tg

In 2024, the sneaker world was rocked by missteps and management change at Nike, which now faces a difficult turnaround as challengers like On and Hoka continue their assault. Meanwhile, fashion’s fixation on sport reached a new pitch at the Paris Olympics and shows no signs of letting up. from The Business of Fashion https://ift.tt/EMv9UZL

Facing depressed consumer sentiment and a slew of other macroeconomic headwinds this year, the industry was forced to revisit a timeless retail playbook: compelling product, prudent spending and a revival of brick and mortar. from The Business of Fashion https://ift.tt/U86Rf1T

Previous pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets next year. from The Business of Fashion https://ift.tt/UxvwJ50

BoF looks back at the news that changed the industry this year — and will define the fashion agenda in 2025. from The Business of Fashion https://ift.tt/EQSClt0

New CEO Elliott Hill outlined his plan to turn Nike around as the company battled through another challenging quarter. There are signs of progress, but it’s going to be a long road back. from The Business of Fashion https://ift.tt/Fb1WRSu

New CEO Julien Tornare plans to reinforce the brand’s value proposition by investing in bold design, craftsmanship and growing the company’s cultural impact beyond football. “It’s not just because something is luxury that people are willing to pay any price,” Tornare said. from The Business of Fashion https://ift.tt/sWNEIRY

As influencers and editors become increasingly vocal about their distaste for excessive or opulent mailers, brands need to create more tailored strategies to maximise their reach — and their budget. from The Business of Fashion https://ift.tt/VP07kuO

The company reported fourth-quarter revenue of 455.8 million euros ($478.27 million), compared with the average analyst estimate of 439.2 million euros. from The Business of Fashion https://ift.tt/4qjShLY

The closing of the deal could come in early 2025, as the company signaled earlier this year. from The Business of Fashion https://ift.tt/tQ8bKlX

In June, BoF will honour six entrepreneurs shaping the future of the beauty industry at the third edition of The Business of Beauty Global Forum 2025. Apply for your chance to join us. from The Business of Fashion https://ift.tt/bYGImdv

Retail sales jumped 0.7 percent last month after an upwardly revised 0.5 percent gain in October, the Commerce Department’s Census Bureau said on Tuesday. from The Business of Fashion https://ift.tt/ejdQpOc

Executive editor Brian Baskin and senior correspondent Sheena Butler-Young take a look back at some of BoF’s top stories of the year, spanning topics including Nike’s struggles, Black beauty brands, affiliate marketing and luxury labour practices. from The Business of Fashion https://ift.tt/8m4qskz

Steep price hikes have put pressure on big luxury’s value proposition, contributing to the sharp downturn in demand for luxury megabrands this year. Smart executives will take action to rebalance the price-value equation — and fast. from The Business of Fashion https://ift.tt/oFzgP5c

Brands today must leverage organic, authentic storytelling techniques to connect with the end consumer, which require expensive and time-intensive communications strategies. To support its showcasing talent, organisers of the bi-annual trade show CIFF are introducing a holistic media platform and strategy to broaden their reach. BoF learns more. from The Business of Fashion https://ift.tt/3vqH8I6

The designer will continue to serve as founder and chief creative officer. from The Business of Fashion https://ift.tt/dVsne09

The emergency request comes after a federal appeals court upheld a new law banning TikTok in the US if the parent company doesn’t sell the app by Jan. 19. from The Business of Fashion https://ift.tt/T2eMk5y

The platform has long been one of China’s most important marketing tools, but until now has struggled to become a sales engine for brands. from The Business of Fashion https://ift.tt/a41AvK6

Growing concern around their long-term effects and fears of poor placement or technique are turning some consumers off from injectable fillers. There’s a new category of treatments that might fit the bill instead: biostimulators. from The Business of Fashion https://ift.tt/xZzJ2EH

Kerry Taylor and Paris-based Maurice Auction will host a sale of over 300 pieces of clothing and other items from the period between 1988 to 1994, when the designer was first breaking out in fashion. from The Business of Fashion https://ift.tt/bwPdS5U

Along with his brother Nahman, Istanbul-born entrepreneur Isak Andic founded fast fashion brand Mango in 1972 and turned it into a global force. from The Business of Fashion https://ift.tt/EywLVip

The company’s third-quarter earnings call will provide one of the first opportunities for CEO Elliott Hill to lay out his turnaround plan. from The Business of Fashion https://ift.tt/4nL1BvI

Their struggling, often bloated businesses and valuable properties make them tempting targets for investors. Selling off these assets can be lucrative, but rarely produces retail success stories. from The Business of Fashion https://ift.tt/r1W6aC0

In addition to assisting with costumes for the film, the denim brand will also release a capsule collection inspired by actual Levi’s items worn by the musician in the 1960s. from The Business of Fashion https://ift.tt/ycEDlWL

Brushes for makeup, hair, and even serum (really) are poised to go big in 2025. from The Business of Fashion https://ift.tt/2TqSXaA

The agency founded by Paris public relations star Lucien Pagès is being acquired by the fashion communications giant that owns Karla Otto, Bureau Betak and more. from The Business of Fashion https://ift.tt/9FTGU2j

The Connecticut-born editor, known for her close work with Diana Vreeland and Richard Avedon, has died. from The Business of Fashion https://ift.tt/DcpHTRY

While demand still lags behind supply, some observers believe Swiss timepieces will see renewed interest in the face of tech fatigue and disillusionment with luxury fashion. from The Business of Fashion https://ift.tt/8M2ODPX

With initiatives designed to uplift local artisans and empower employees’ creative pursuits, Gap Inc. is fostering ties to the creative community in the West Coast city and celebrating its artistic legacy while nurturing employee creativity and entrepreneurship at large. from The Business of Fashion https://ift.tt/2Ffj9hO

The shapewear brand, co-founded by Kim Kardashian and Jens Grede, unveiled its first New York City flagship on 5th Avenue. from The Business of Fashion https://ift.tt/Acb5UNw

Since the killing of Brian Thompson, t-shirts, hoodies and more bearing the words ‘deny, defend, depose’ have appeared on Amazon, eBay, Etsy and other sites. from The Business of Fashion https://ift.tt/Piz8vN4

Executive editor Brian Baskin sits down with sustainability correspondent Sarah Kent and senior correspondent Sheena Butler-Young to untangle the future of DEI and ESG in a hostile political environment. from The Business of Fashion https://ift.tt/XR3GxeZ

A fragmented fashion industry needs to cooperate in order to avoid falling further behind on decarbonisation efforts, according to the BoF-McKinsey State of Fashion 2025. from The Business of Fashion https://ift.tt/geDtNwi

The Parisian leather goods is part of a new wave of thriving French direct-to-consumer brands. After growing its business to over $150 million, Polène’s CEO is inaugurating stores in London and Paris, with plans to set up shop in Munich, Dubai and Miami. from The Business of Fashion https://ift.tt/J49lzhX

Called Fight Fight Fight, the men's and women's fragrances are the latest Trump merch to be launched through an opaque LLC. from The Business of Fashion https://ift.tt/7S0ogXy

Hudson’s Bay Co., the owner of luxury retailer Saks Fifth Avenue Inc., is tapping the junk-bond market to help finance its acquisition of Neiman Marcus Group. from The Business of Fashion https://ift.tt/V9uZl6d

Collaborations are a powerful tool for grabbing attention, reaching new audiences and letting brands stretch their design aesthetics. But the proliferation of tie-ups has made it hard to stand out. The ones that succeed are built on great products, with a strong point of view and a clear strategy to reach the right consumers. from The Business of Fashion https://ift.tt/TtVmzPp

American content creators on TikTok asked followers to subscribe to their channels on rival platforms like Meta-owned Instagram and Alphabet’s YouTube after a federal appeals court ruled that the social media app could be banned if it is not sold to a US-based company by Jan. 19. from The Business of Fashion https://ift.tt/SzwlMGF

Billionaire Mike Ashley renewed his pitch for a board seat at Boohoo Group Plc, vowing to turn around the struggling fashion retailer that he said was underperforming with “no clear strategy to halt the decline.” from The Business of Fashion https://ift.tt/2BEfUaF

French mega-label Dior is set to open a temporary ‘Gold House’ concept store in a garden in the upscale Ploenchit district of central Bangkok on Dec. 8. from The Business of Fashion https://ift.tt/Op0m9CJ

Inditex reports third-quarter results that are expected to show steady growth at its biggest brand, which has built strong defenses against rivals at the top and bottom of the market. from The Business of Fashion https://ift.tt/PyzZhXg

Shares in Puig dropped sharply in early Friday trade after the luxury beauty and fashion company said its Charlotte Tilbury brand was voluntarily withdrawing select batches of its make-up setting spray. from The Business of Fashion https://ift.tt/KGjp1eq

As the industry awaits the official announcement of Chanel’s new creative director, Imran Amed extracts lessons from the strategy successfully employed by the great Karl Lagerfeld, encapsulated in the words of Goethe that the designer loved so much: ‘Create a better future with the expanded elements of the past.’ from The Business of Fashion https://ift.tt/7YNCp15

Skims co-founder Jens Grede and On co-founder David Allemann joined BoF founder and CEO Imran Amed at BoF VOICES 2024 to share how they are building culture-shaping brands rooted in product innovation. from The Business of Fashion https://ift.tt/cguasML

Big brands are focused on buzzy, marketable ‘solutions’ and face little accountability for failing to deliver on decarbonisation targets, but there are ways to unlock more effective action, writes Kenneth P. Pucker. from The Business of Fashion https://ift.tt/WR4SCiD

Lululemon Athletica, opens new tab increased its full-year revenue and profit forecasts on Thursday, betting on resilient demand for its athletic wear in the US during the holiday shopping season, sending its shares up about 5 percent in extended trading. from The Business of Fashion https://ift.tt/zsHWT2l

Cosmetics retailer Ulta Beauty raised its annual profit forecast on Thursday, signaling a bounce back in demand for perfumes and makeup during the holiday shopping season and sending its shares up more than 11.5 percent in aftermarket trading. from The Business of Fashion https://ift.tt/GeM61jL

LVMH’s luxury fund has taken a minority stake in the Norwegian luggage brand Db Bags from The Business of Fashion https://ift.tt/Z7QUhnv

Art Basel Miami Beach has become a cultural tentpole that attracts America’s wealthiest and an evolving art customer base that may prove key in reversing the luxury downturn. from The Business of Fashion https://ift.tt/0MyTklt

The Calvin Klein and Tommy Hilfiger owner saw shares fall after it reaffirmed prior guidance of revenue down 6 to 7 percent for the year and cut its earnings per share forecast. from The Business of Fashion https://ift.tt/z2XSPsg

TikTok tripled its US shopping sales to more than $100 million on Black Friday, a sign of the app’s growing popularity despite a looming ban. from The Business of Fashion https://ift.tt/4FXDab0

The cult retailer, known for stocking young fashion brands, was purchased by private investors and has tapped Steven Ma as director of the company. from The Business of Fashion https://ift.tt/GvZMCH3

The four years since Quannah ChasingHorse was discovered by a Calvin Klein scouting director have seen a wave of Native talent appear on magazine covers and in high-profile shows. But for an industry that’s coasted on lazy depictions of Indigenous culture, old habits die hard. from The Business of Fashion https://ift.tt/GxJqCaE

Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending. from The Business of Fashion https://ift.tt/sko30Y6

Retail editor Cathaleen Chen and e-commerce correspondent Malique Morris join senior correspondent Sheena Butler-Young and executive editor Brian Baskin to unpack how resale has evolved from niche to mainstream, and what may be in store for the future of secondhand shopping. from The Business of Fashion https://ift.tt/UNtgST2

The French prestige line, founded by makeup artist Violette Serrat, announced on Tuesday it had raised funds in a round led by US-based consumer investor Silas Capital. from The Business of Fashion https://ift.tt/T14deMQ

Early promotions and consumer resistance to a rise in prices contributed to healthy sales growth over the holiday weekend. But consumers' growing expectations for discounts could spell trouble next year. from The Business of Fashion https://ift.tt/TnEdwLZ

Michele Casucci, founder and GM of Certilogo, gathered global executives from the fashion and luxury sectors onsite at BoF VOICES 2024 to discuss how digital product passport technology can support brands in building a dialogue with consumers. from The Business of Fashion https://ift.tt/tzyNIgq

Tom Ford, Remo Ruffini, Tyler Mitchell, Alex Consani and A$AP Rocky were also honoured for their contributions to the industry. from The Business of Fashion https://ift.tt/5zgNo01

The Japanese conglomerate’s share price fell to an eight-year low after a plan to offset its ailing Chinese business failed to impress investors. from The Business of Fashion https://ift.tt/fjbaJWG

The e-commerce giant is helping mass-market and premium brands reach millions consumers across India. For the BoF-McKinsey State of Fashion 2025 report, CEO Nandita Sinha explained how brands can navigate through the complexities of this dynamic market. from The Business of Fashion https://ift.tt/pPcXdgr

Fast Retailing is closely monitoring to see if demand is affected after Tadashi Yanai said the Japanese company is not using cotton from the Chinese region where suppliers are exposed to forced labour risk. from The Business of Fashion https://ift.tt/YZEWVsd

The French couture and beauty giant will stage a major show in Hangzhou on Dec. 3, amid a severe slowdown in luxury demand and signals that a new designer will soon be announced. from The Business of Fashion https://ift.tt/LRWQZpT