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Showing posts from June, 2025

Exclusive: Smythson of Bond Street Acquired by Oakley Capital

The British luxury lifestyle brand, known for its leather handbags, notebooks, homeware and other accessories, will look to accelerate its growth and expand internationally. from The Business of Fashion https://ift.tt/QyEse1G

Valentino Faces Uncertainty as CEO Takes Sick Leave Amid Profit Slowdown

A possible change of CEO would, if confirmed, pile further pressure on the high-end business which reported a decline in revenues and profit last year. from The Business of Fashion https://ift.tt/MvA96VE

The Art Basel Vibe Shift

While sales at this year’s fair were uneven, newer players, platforms and art forms offered cause for optimism in a stagnant sector, writes Marc Spiegler. from The Business of Fashion https://ift.tt/odM6NaF

At Citi, Unlocking New Growth Strategies for Beauty Brands

As acquisition opportunities narrow and market dynamics shift, beauty businesses require a new strategic approach to unlock sustainable growth. BoF sat down with Timicka Anderson, Citi Commercial Bank’s Global Head of Consumer and Retail, to uncover how beauty brands can better position themselves for long-term financial success. from The Business of Fashion https://ift.tt/dKgCzTS

Prada Credits Sandal’s Indian Legacy Amid Uproar

The Italian fashion group has acknowledged the Indian roots of a new open-toe sandal design after criticism from artisans and politicians. from The Business of Fashion https://ift.tt/kTyIvQe

At Paris Fashion Week, Bigger Was Rarely Better

Julian Klausner’s Dries Van Noten was the winner of a Paris men’s season where grand statements risked overpowering the fashion, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/ARuKSlp

This Week: Fashion’s Back-to-School Dilemma

Retailers will need to prepare for the $11 billion summer shopping season without fully understanding what tariffs will be in place, or how much parents and students are willing to spend. from The Business of Fashion https://ift.tt/t5p0OZK

Shein to File Confidentially for Hong Kong IPO, Sources Say

Shein aims to submit the filing confidentially as soon as this week, a source familiar with the matter told Reuters. A second source said the filing was expected to be made by Monday. from The Business of Fashion https://ift.tt/scz4pyE

The BoF Podcast | Yasmin Sewell: Intuition Can be a Superpower in Business

After two decades in fashion, Yasmin Sewell founded Vyrao, a fragrance brand built on energy, intuition and healing. At The Business of Beauty Global Forum 2025, she shared how she turned a moment of personal upheaval into a deeply personal business. from The Business of Fashion https://ift.tt/KhrdqWj

Exclusive: Roberto Cavalli CEO to Exit as Owner Seeks Sale

Sergio Azzolari is stepping down after less than three years at the helm of the Italian label as its Dubai-based owner aims to bring on a strategic partner to support growth at the loss-making brand. from The Business of Fashion https://ift.tt/nFXAfvi

Exclusive: Roberto Cavalli CEO to Exit as Owner Seeks Sale

Sergio Azzolari is stepping down after less than three years at the helm of the Italian label as its Dubai-based owner aims to bring on a strategic partner to support growth at the loss-making brand. from The Business of Fashion https://ift.tt/5bp2vAG

Luxury Brands Bet on Experiential Retail to Revive China Sales

Louis Vuitton’s latest Shanghai store is a 30-metre-high, ship-shaped experience called ‘The Louis.’ from The Business of Fashion https://ift.tt/e9byFfi

Fashion’s Chaotic New Regulatory Reality

The regulatory environment is becoming more complicated as European politicians roll back on regulations that were intended to make the industry more sustainable. from The Business of Fashion https://ift.tt/KuV9weo

In Paris, Territorial Pissings with Rick Owens

Fashion’s master of the Dark Arts presents dual challenges to orthodoxy with his new show for men and a spectacular retrospective from The Business of Fashion https://ift.tt/nw8vIlW

Nike Fourth-Quarter Sales Fall by Less Than Expected

CEO Elliott Hill said the company is making progress in its turnaround effort, though a return to growth will take time. from The Business of Fashion https://ift.tt/hQiPmUW

Retail Emerges as Most Distressed Sector in Europe, Report Says

Retail is suffering from weak discretionary spending, margin compression and tightening credit conditions, pushing distress in the sector to the highest level since the global financial crisis in 2009. from The Business of Fashion https://ift.tt/Cb4Z3Lu

The End of The Founder-Led Era

Over the last decade, an avalanche of brands with public-facing founders emerged. While a prominent founder can propel growth, customers use other factors to assess whether a brand is suited to their needs, according The State of Fashion: Beauty Volume 2. from The Business of Fashion https://ift.tt/y9ZhK86

Fantastic Man Magazine Launches in China

Former Yves Saint Laurent creative director Stefano Pilati will join Fantastic Man China as editor at large. from The Business of Fashion https://ift.tt/pIo50f6

Forever 21’s US Operator Wins Court Approval to Liquidate

The embattled fast-fashion company's repayment plan includes a settlement with lenders and former Forever 21 parent Sparc Group that’s designed to boost recoveries for unsecured creditors that stood to get pennies on the dollar. from The Business of Fashion https://ift.tt/NRhJd8O

The Debrief | The Jewellery Boom, Explained

Even as luxury fashion brands face declining demand, jewellery sales are booming. The Debrief explores how smaller designers and novel pieces are capturing consumer interest and finding new paths to growth. from The Business of Fashion https://ift.tt/wj0VvUQ

Why Jewellery Feels Like a Better Deal Than a Handbag

Jewellery brands have raised prices less than fashion labels, and now benefit from a stronger sense of lasting value. from The Business of Fashion https://ift.tt/PLwt3Fo

At Milan Fashion Week, Highs and Lows

Milan’s menswear showcase felt particularly frail this season, though there were a few standouts, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/zFJ4Uce

Unilever to Acquire Men’s Personal Care Brand Dr. Squatch

The consumer goods giant announced on Monday that it had signed a definitive agreement to acquire the American men’s brand, known for its soaps and grooming products. from The Business of Fashion https://ift.tt/T72fCxU

Exclusive: The Whitaker Group Expands With New Women-Centric Retailer Jaide

It will be the US group’s first foray into women’s retail as it looks to expand its popular streetwear retail empire. from The Business of Fashion https://ift.tt/LbwRE7k

Exclusive: Skims’ Plan for Global Domination

Kim Kardashian’s shapewear brand is about to enter dozens of new markets in the US and, increasingly, globally. CEO Jens Grede spoke with The Business of Fashion about his vision to create “the Apple store of apparel.” from The Business of Fashion https://ift.tt/viMrVxG

Prada CEO Gianfranco D’Attis to Exit the Brand

Prada Group’s chief executive Andrea Guerra will take on the role of the brand’s CEO on an interim basis. from The Business of Fashion https://ift.tt/Z5C2vSa

This Week: Nike’s Earnings and Jonathan Anderson’s Dior Debut

In their own ways, both companies will provide major updates on how they plan to win back customers. from The Business of Fashion https://ift.tt/9JZ4EuT

Giorgio Armani to Miss Runway Shows As He’s ‘Recovering’ at Home

The Italian fashion designer will follow the shows remotely while menswear head Leo Dell’Orco will greet guests on Saturday and Monday in his stead. from The Business of Fashion https://ift.tt/v5ue3Eo

‘Transform or Die’: Can a Turnaround Expert Turn Kering Around?

Luca De Meo’s appointment as the French group’s chief executive is an admission of the seriousness of the crisis the company is facing, as well as a signal of its intent to do something about it, writes Imran Amed. from The Business of Fashion https://ift.tt/7wisUFB

BoF Live | Rethinking Success Metrics for Brand Ambassadors

Join us on Wednesday, July 2 at 16:00 BST / 11:00 EDT for our next #BoFLIVE. from The Business of Fashion https://ift.tt/oNXb7k8

Umit Benan Is Back

With a new Davide De Giglio-backed venture offering ‘bespoke prêt-à-porter,’ the master tailor is once again in the spotlight and will unveil a new collection and retail concept on Friday in Milan. from The Business of Fashion https://ift.tt/qNua0vz

As Kering’s Fashion Cools, Pomellato Heats Up

Even as demand for luxury goods stalls, Milanese jeweller Pomellato is gaining ground by appealing to self-purchasing women and expanding into high jewellery — a welcome win for Kering as it works to re-energise its portfolio. from The Business of Fashion https://ift.tt/HdQgXtS

How Prestige Beauty Customers Define Value Today

At The Business of Beauty Global Forum 2025, Unilever Prestige’s CEO, Mary Carmen Gasco-Buisson, shares how shifting consumer expectations around value are reshaping prestige beauty, in conversation with BoF’s chief business officer and head of beauty, Johanna Stout. from The Business of Fashion https://ift.tt/PU3NYbo

Art Basel Is Shaping Up to Be a Roll of the Dice

'There’s new energy in the market,’ Pace CEO Marc Glimcher told Bloomberg ahead of the Swiss edition of the global art fair, but selling top-end pieces is likely to be more chancy than usual, several dealers acknowledged. from The Business of Fashion https://ift.tt/QcmhYaT

LA’s Protests Have Ended But Fashion Can’t Shake Off Its Fear

Following the ICE raids and a week of protests, the city’s fashion employers continue to fret about what’s to come as the White House continues its deportation campaign. from The Business of Fashion https://ift.tt/OYnF5KC

Shein Is Struggling to Clean Up Its Dirty Image

The company’s latest sustainability report shows it’s still fashion’s most polluting player, with planet-warming emissions that far outstrip those of rivals and help make the brand a target for politicians and regulators. from The Business of Fashion https://ift.tt/pYWsFnP

Can Beautycounter Do It Again?

Back under the ownership of founder Gregg Renfrew, the beauty label will relaunch on June 25 as Counter, keeping its clean formulations and giving up its MLM-style compensation model in favor of “community commerce.” Renfrew talks exclusively to The Business of Beauty about her vision for the new brand. from The Business of Fashion https://ift.tt/rzwEbP2

New York’s Fashion Workers Act Set to Go into Effect June 19

The Model Alliance, New York State Department of Labor and fashion industry stakeholders gathered Tuesday to celebrate the new law, which establishes regulations for fair treatment of models — including, preventing management agencies from charging unfair fees and giving models control over their likenesses created with AI. from The Business of Fashion https://ift.tt/KND8Smj

Clothing Retailer Dynamite Raises Prices 9% Amid Trade Tensions

The women’s fast-fashion retailer plans to raise prices at twice the rate of inflation in the future. from The Business of Fashion https://ift.tt/3MTD7RV

Worldview | Shein Redirects Listing Plans to Hong Kong

This week’s round-up of global markets fashion business news also features Cambodia’s apparel exports lift and China’s consumer boom. from The Business of Fashion https://ift.tt/DAQBKMI

Why DTC Is Finally Investing in Brand Marketing

Digitally native brands that were once known for rampant social media ads — from Rothy’s to Everlane — are going all in on storytelling that boosts loyalty and creates long term sales growth. from The Business of Fashion https://ift.tt/e06QYUI

Coty Shares Surge on Report Company Looking to Sell Off Units

The American cosmetics giant's share price surged 13 percent following a report in Women's Wear Daily that the company is considering selling its luxury and consumer divisions as separate units. from The Business of Fashion https://ift.tt/HkW7QPV

Eytys Is Back From Bankruptcy

Max Schiller is relaunching the cult Swedish label after bringing on his brother, Acne Studios co-owner Mikael Schiller, as investor and chairman of the board. from The Business of Fashion https://ift.tt/GXKyhWN

Inside Sephora’s Community Lunch at The Business of Beauty Global Forum

Executives and founders from companies such as L’Oréal, Pattern Beauty, Dermalogica, Citi, E.l.f. Beauty, Glossier, Olaplex, Tatcha and Isamaya Beauty gathered for an intimate lunch at Stanly Ranch, hosted by Sephora, to celebrate the Global Forum community. from The Business of Fashion https://ift.tt/Sd4gpsU

Akt London, Yse Beauty and Ruka Are the Winners of The Business of Beauty Global Awards Breakthrough Track

Akt London, Yse Beauty and Ruka were the young brands that captured the Global Awards jury’s attention. from The Business of Fashion https://ift.tt/OG80kD2

Report: Kering to Name Renault Boss Luca de Meo CEO

The French luxury giant is planning to shake up its leadership amid a share price slump, according to Le Figaro. from The Business of Fashion https://ift.tt/npOCJW9

Beauty Industry Giant Leonard Lauder Dies at 92

The pioneering beauty executive who built the Estée Lauder Companies into one of the world’s biggest cosmetics makers died on June 14 surrounded by family. from The Business of Fashion https://ift.tt/KvLUhcu

This Week: Fashion Tries to Ignore the News

The industry’s newfound political neutrality is being tested. Meanwhile, fresh retail sales figures and trade negotiations will clarify the outlook for the rest of the year. from The Business of Fashion https://ift.tt/8yLhpDe

Five Years After George Floyd: Can Fashion Still Stand for Something?

In 2020, fashion pledged solidarity and systemic change. Now, as political tides have turned, only a few brands are willing to speak up — or follow through. from The Business of Fashion https://ift.tt/15dyaIM

Port of LA Imports Drop 19% in May as Tariffs Hit US Businesses

The drop in port activity came as importers and retailers — especially those with business in China — grappled with the uncertainty of Trump’s trade war. from The Business of Fashion https://ift.tt/9SC1gwV

Dispatch From Napa: Speaking to the Heart and Soul of the Beauty Industry

The Business of Beauty Global Forum 2025 brought together guests from 17 countries, who went beyond the nuts and bolts of running a beauty business to create a sense of shared humanity and solidarity in unsettling times. from The Business of Fashion https://ift.tt/KlaBP3p

Rothy’s Has a Plan to Outlast the Ballet Flat Craze

The brand, which scored a hit nearly a decade ago with its flats woven from recycled plastic, has found a second act selling footwear that’s on-trend with Gen-Z. from The Business of Fashion https://ift.tt/hE5Bi2S

Comme des Garçons Opens First Latin American Flagship

The store in São Paulo, Brazil, will serve as the launchpad for the brand’s regional expansion. from The Business of Fashion https://ift.tt/Z8Qh0uN

Sunscreen to Shoppers: Pick Your Poison

As unchecked facts infiltrate the health and wellness market, indie sunscreen brands are burning out on misinformation — and getting heated in the comment section. from The Business of Fashion https://ift.tt/qyGOMxU

Lead EU lawmaker on sustainability laws proposes more cuts

A European Parliament member is pushing for further reductions in the number of companies subject to EU environmental and corporate sustainability rules, aiming to boost European competitiveness by cutting compliance costs. from The Business of Fashion https://ift.tt/MEPa1mi

What’s Driving the Filipina Influencer Takeover

While creators from the Philippines have always played on the world stage, a new flock of social media stars prove that their influence is only growing. from The Business of Fashion https://ift.tt/f2yqgNr

Who Would Pay $20,000 For a Hamburger Ring?

Plenty of people, it turns out. And they want ruby fruit pendants, 18 karat gold slinky-shaped bracelets and amethyst-and-jade camp necklaces too, as funky designs shake up the fine jewellery category. from The Business of Fashion https://ift.tt/j9SaO30

The Business of Beauty Global Forum: Inside the Industry

Now in its third year, The Business of Beauty Global Forum kicked off its second day with conversations around community, culture and brand-building, featuring E.l.f. CEO Tarang Amin, influencer Mikayla Nogueira and Pattern Beauty founder Tracee Ellis Ross. from The Business of Fashion https://ift.tt/MexbIDv

The Business of Beauty Global Forum: Tracee Ellis Ross on Community and the Power of Celebrating Differences

Concluding the second session of The Business of Beauty Global Forum, the actress and Pattern Beauty founder spoke with BoF founder Imran Amed about the genesis of her brand and how she was able to create a business that’s rooted in its customers’ underserved needs. from The Business of Fashion https://ift.tt/ar4IsK9

Typology Pushes Further Into US With Hair Care Launch

The DTC French skincare label will sell its five hair care products, which are available in France, on its US website from June 10. from The Business of Fashion https://ift.tt/wP58M7L

Is Sailing Ready for Its Fashion Moment?

As global sailing race SailGP embarks on its fifth season and prepares to be the subject of a new docuseries, fashion and beauty brands such as Tommy Hilfiger and L’Oréal are joining in as sponsors. from The Business of Fashion https://ift.tt/TmP9y1R

How to Acquire Customers with Instagram Ads in 2025

As paid marketing on Meta gets cheaper and easier to target customers, brands are getting more strategic about the content that attracts consumers at different points in their shopping journey. from The Business of Fashion https://ift.tt/3axPYvp

Attorney for Deported Makeup Artist: If ‘It Could Happen to Him … It Could Happen to You.’

Lindsay Toczylowski, whose client Andry José Hernández Romero has not been heard from since his deportation to El Salvador in March, forcefully defended the rule of law in a talk at The Business of Beauty Global Forum. from The Business of Fashion https://ift.tt/VOZjPYh

L’Oréal to Acquire British Skincare Brand Medik8

The world’s biggest beauty company has acquired a majority stake in the English premium skin care line known for its science-backed serums. from The Business of Fashion https://ift.tt/X5fvxkH

The State of Fashion: Beauty Report — Solving the Growth Puzzle

Beauty’s era of effortless growth is giving way to a more complex landscape. Download the second volume of BoF and McKinsey & Company’s industry report to learn how to navigate evolving consumer expectations, market deceleration and regional volatility in the years ahead. from The Business of Fashion https://ift.tt/jcuMDUi

This Week: Are Tariff Price Hikes Finally Here?

US inflation data will offer a first read on the impact of Trump’s trade policy. Plus, The Business of Beauty Global Forum 2025. from The Business of Fashion https://ift.tt/sSR3l8b

Why Fashion Brands and Wealthy Americans (Still) Love London

The British economy may be in the doldrums, but London remains a magnet for international fashion brands and American tourists, writes Imran Amed. from The Business of Fashion https://ift.tt/NP8Wrza

How to Revive a Sleeping Beauty Watch Brand

A group of investors is reviving the Danish watch company Urban Jürgensen, a 250-year-old name revered by connoisseurs but largely unknown outside that bubble. from The Business of Fashion https://ift.tt/13NZXRj

Fashion’s Musical Chairs Ends — With Men in Almost Every Seat.

There’s no denying that the biggest luxury brands badly need a creative reboot. But while the designers who got the top jobs are more than qualified, the lack of female representation speaks to deficiencies in how the industry considers its talent pipeline, writes Imran Amed. from The Business of Fashion https://ift.tt/vync2Ag

The BoF Podcast | Lessons in World-Building: How Emily Oberg Created Sporty & Rich

Founder Emily Oberg discusses her entrepreneurial journey from Calgary to Los Angeles, transforming her passion for fashion and wellness into the cult lifestyle brand Sporty & Rich. from The Business of Fashion https://ift.tt/zWwHCp8

Prada Acquires 10% Stake in Italian Leather Group Rino Mastrotto

Under the deal, the Renaissance Partners-backed leather group will receive two tanneries and a cash investment of unspecified value. from The Business of Fashion https://ift.tt/p4Eh2b8

Korean Beauty Start-Ups Bet Booming US Demand Outlasts Tariff Pain

South Korean cosmetic start-ups like Beauty of Joseon, Torriden and d’Alba are in talks with major US retailers to expand their brick-and-mortar presences in the world’s biggest consumer market. from The Business of Fashion https://ift.tt/7mWPKoE

Report: L’Oréal Poised to Acquire British Skincare Brand Medik8

According to a report in the Financial Times, the French cosmetics giant is close to finalising a roughly $1.1 billion deal for the British premium skincare brand. from The Business of Fashion https://ift.tt/2SnO5Xb

Is Nike Finally Winning With Women?

With bold marketing, a revamped leadership team under new brand president Amy Montagne, and star power from A’ja Wilson, Nike’s long-promised women’s push is starting to stick. from The Business of Fashion https://ift.tt/JBxk3Sz

Longtime Beauty Editor Jane Larkworthy Dies at 62

The journalist was best known for her tenure as beauty director of W Magazine before becoming a columnist for New York Magazine and Air Mail Look. from The Business of Fashion https://ift.tt/ULVy4IZ

Why Tariffs Haven’t Led to Soaring Prices – Yet

Fashion brands will eventually need to offset higher costs for imports. But after raising prices again and again since the pandemic, some retailers are more worried about alienating shoppers than how they’ll pay their customs duties. from The Business of Fashion https://ift.tt/8m2wUTn

The New Rules of Brand Ambassadorship

As the influencer economy matures, brands are shifting their focus from star power to strategic alignment. A new report from Launchmetrics — “Brand Ambassador Marketing 2025” — reveals how resonance — not reach — is now defining success. from The Business of Fashion https://ift.tt/ox4YJLQ

Sies Marjan Designer Sander Lak to Launch Menswear Label

Lak will debut his new venture during Paris men’s fashion week in June, presenting his first collection since the shuttering of the buzzy Sies Marjan in 2020. from The Business of Fashion https://ift.tt/4MSUvNP

Nike CEO Finishes C-Suite Makeover With McDonald’s Executive

CEO Elliott Hill tapped Michael Gonda to lead communications amid turnaround efforts for the world's largest sportswear brand, Bloomberg reported. from The Business of Fashion https://ift.tt/CvTnphK

Explainer: How Retailers Can Fight a New Wave of Cyberattacks

A series of breaches at high-profile retailers like Victoria’s Secret and Marks & Spencer is putting cybersecurity back in the foreground. BoF examines what leaves fashion businesses vulnerable and how they can protect themselves. from The Business of Fashion https://ift.tt/QcLZpaB

How Raisefashion Helps BIPOC-Owned Brands Navigate Fashion’s New Realities

Designers from RaiseFashion’s third annual masterclass are balancing their creative vision and purpose against new industry realities and consumer demands. BoF learns from three designers — each with a focus on community — on how they’re scaling their businesses against this backdrop. from The Business of Fashion https://ift.tt/TNE0Uym

Coach’s Hit Handbag Shows How Less-Expensive Luxury Is Gaining Ground

Masstige brands are outperforming expectations while luxury and fast fashion continue to struggle. from The Business of Fashion https://ift.tt/xI7PBe0

Beautycounter Set to Return With New Name and Look

The clean beauty label was bought back from a private equity firm last year by founder Gregg Renfrew, and will relaunch as Counter on June 25. from The Business of Fashion https://ift.tt/Sx7HR0N

This Week: Reviving the Sustainable Fashion Movement in Copenhagen

The 16th Global Fashion Summit comes as advocates for a greener, more humane fashion industry find themselves on the defensive. from The Business of Fashion https://ift.tt/f5L3EWF