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Showing posts with the label News

Gap, Old Navy Turn to Industry Heavyweights for Beauty Lines

On Thursday, the American retail giant announced a new and improved offering for its mainstay brands which include Gap and Old Navy. The Business of Beauty can reveal that former Estée Lauder Companies executive John Demsey and celebrity beauty brand incubator Maesa are involved. from The Business of Fashion https://ift.tt/7xwZ93E

Lululemon Slashes Annual Sales, Profit Forecasts Amid Demand, Tariff Woes

Shares of the company fell about 13 percent after the closing bell. from The Business of Fashion https://ift.tt/H1vWBJn

Armani Succession Plan, Always Mysterious, Is About to Get Tested

With Giorgio Armani’s death come questions about whether his chosen successors can avoid ‘rupture’ and maintain the Italian fashion empire’s independence. from The Business of Fashion https://ift.tt/ruwK6zx

A Prequiem for Giorgio Armani

Tim Blanks wrote an elegy for Mr Armani when he was still alive to read it. from The Business of Fashion https://ift.tt/YBnrC7x

Vivrelle Plots Retail Expansion With SoHo Pop-Up

Fresh off a $62 million Series C and fuelled by the price-conscious luxury consumer, the accessories rental startup is teaming up with Revolve on a SoHo pop-up, marking the next phase of its brick-and-mortar strategy. from The Business of Fashion https://ift.tt/DwyN3n1

Burberry to Rejoin UK Blue-Chip Benchmark After One-Year Absence

The luxury fashion company will rejoin the FTSE 100 Index later this month. from The Business of Fashion https://ift.tt/gnDEoJe

Sonoma Brands Invests in British Beauty Distributor Discovered Brands

On Wednesday, the American private equity firm announced its minority investment of around $15 million in the London-based distributor which works with buzzy brands such as Ouai, Merit and Briogeo. from The Business of Fashion https://ift.tt/Clpq1d4

The Great Fashion Reset | How to Fix Luxury’s Trust Issues

A series of scandals linking brands including Dior, Armani, Valentino and Loro Piana to sweatshops in Italy have helped fuel doubts about what customers are paying for and whether they can trust luxury brands anymore. from The Business of Fashion https://ift.tt/t7KXw0D

The CMO Brief: What’s Driving Results in Fashion and Beauty Marketing

In an era of channel fragmentation, evolving KPIs and data constraints, fashion and beauty’s marketing leaders are confronting a new market reality. BoF's latest knowledge report, in partnership with Ekimetrics, explores how they are redefining performance, reallocating investment and driving growth across the entire funnel. from The Business of Fashion https://ift.tt/dLGetR8

Ssense Lenders Seek Fast Sale of Struggling Fashion Retailer

The e-tailer’s mix of commerce and culture attracted private investment in 2021 that valued the company at more than 5 billion Canadian dollars. Now, the enterprise is threatened by debt and mistrust. from The Business of Fashion https://ift.tt/yc3Erk0

The Great Fashion Reset — Editor’s Letter

As the fashion world heads into a historic, high-stakes season, The Business of Fashion kicks off its coverage with a special package on the industry’s challenges and the way forward. from The Business of Fashion https://ift.tt/EhwQTRs

Trendy Sunscreen Gets Burned by Regulators

With multiple voluntary product recalls and testing inconsistencies, hip sunscreen startups are in the social media spotlight as they navigate an unprecedented level of SPF scepticism. from The Business of Fashion https://ift.tt/FCPXJvL

Levi’s Says ‘Anti-Americanism’ Linked to Trump Could Dent UK Sales

‘Rising anti-Americanism as a consequence of the Trump tariffs and governmental policies’ could drive British shoppers away from its denim, the company said in its latest UK results filing. from The Business of Fashion https://ift.tt/IiBnG8u

COS Is Hiring on BoF Careers

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion and beauty talent. from The Business of Fashion https://ift.tt/N57j1LV

Bernard Arnault Bets on LA’s Rodeo Drive With New Tiffany, Louis Vuitton Flagship

LVMH is significantly expanding its presence on Rodeo Drive in Beverly Hills with plans for a new Tiffany & Co. flagship and a large Louis Vuitton store and cultural campus, further solidifying its control over the exclusive retail area. from The Business of Fashion https://ift.tt/ZOH6us4

How to Get Ahead in Fashion’s Stagnant Job Market

Tariffs, AI fears and shaky economics have slowed hiring but there are ways talent and brands can find opportunity in the standstill. from The Business of Fashion https://ift.tt/qhVP2W1

Giorgio Armani Sees Succession as a ‘Gradual Transition’ of Responsibilities

The 91-year-old Italian fashion titan told the Financial Times he is planning for a “gradual transition” of power and not a “moment of rupture.” from The Business of Fashion https://ift.tt/LXEV9KF

Sellers of Fake Botox Could Be Jailed For Two Years, Says UK Watchdog

The Medicines and Healthcare products Regulatory Agency is cracking down on the trade of unlicensed botulinum toxin products after a spate of botulism cases across England. from The Business of Fashion https://ift.tt/vgELNRp

This Week: Back to School for American Teens, Back to Work for European Luxury

For the first time in a while, kids will be wearing something other than Nikes when they arrive back on campus. from The Business of Fashion https://ift.tt/B6M2EoZ

What Taylor Swift and Travis Kelce’s Engagement Means for Fashion

Donald Trump’s MAGA movement has become synonymous with traditional displays of American patriotism — but the engagement of America’s so-called “royal couple” serves as a reminder that there’s still a way for fashion to embrace Americana branding. from The Business of Fashion https://ift.tt/JeQghxk