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News
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
3+ hour, 25+ min ago (220+ words) Spanish beauty company Puig reported first-half revenue growth on Thursday as investors looked for signs the maker of Carolina Herrera perfumes and Charlotte Tilbury makeup can sustain growth as the post-pandemic fragrance boom moderates. The results are the first since…...
Prada Groups Sales Growth Suggests Soft Landing for Miu Miu
9+ hour, 41+ min ago (165+ words) Prada Group second-quarter revenue climbed 7 percent as growth in the US and China helped the Italian house continue to outpace rivals and engineer a soft landing at Miu Miu after a period of torrid growth. Eric Sylvers is Milan Correspondent…...
Inside Macao’s Bid to Become a Luxury Retail Destination
16+ hour, 56+ min ago (841+ words) The Business of Fashion...
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
1+ day, 8+ hour ago (176+ words) The Business of Fashion Agenda-setting intelligence, analysis and advice for the global fashion community. Hermèsâ Chief Watches Chinaâs Pork Prices to Gauge Luxury Demand When it comes to gauging the possibility of a sales rebound for his luxury group…...
Frasers Group Takes a Position in Burberry
1+ day, 23+ hour ago (165+ words) The Business of Fashion Agenda-setting intelligence, analysis and advice for the global fashion community. Frasers Group Takes a Position in Burberry How Beauty Brands Scale Past Retail Exclusivity Expansion beyond an exclusive retail arrangement brings new growth, but brands must…...
Kering Sales Rise 2%, Gucci Beats Estimates
2+ day, 5+ hour ago (126+ words) Robert Williams is Luxury Editor at The Business of Fashion. He is based in Paris and drives BoF’s coverage of the dynamic luxury fashion sector. The Franco-Italian eyewear maker reported a 15% rise in first-half profit, beating expectations, while revenue growth…...
Bernard Arnault Joins X as LVMH CEO Fights Off Rumours of Family Disunity
3+ day, 4+ hour ago (111+ words) Europe’s richest person has finally joined the social media fray. French newspaper Le Monde published a six-part series last week on the tycoon, including alleged tensions among his family members driven by succession. LVMH’s fashion and leather goods unit returned…...
LVMH Fashion Sales Rise 1% With Dior Turnaround in Focus
3+ day, 4+ hour ago (130+ words) Robert Williams is Luxury Editor at The Business of Fashion. He is based in Paris and drives BoF’s coverage of the dynamic luxury fashion sector. LVMH’s fashion and leather goods unit returned to organic growth after a two-year slump. Group sales…...
Will Jewellery Help Shape Luxury’s Winners?
3+ day, 9+ hour ago (133+ words) As luxury groups grapple with weak fashion sales and a hit to spending from the Middle East conflict, investors are increasingly focused on one question: who sells enough jewels? As weak appetite for handbags and geopolitical tensions weigh on fashion…...
To Build Better Brands, Estée Lauder Turns to Deciem
3+ day, 16+ hour ago (299+ words) Jesper Rasmussen has a sense of déjà vu. Peptides are having a moment: influencers are proselytising their benefits, tech entrepreneurs are eager to inject them and brands are rushing to launch peptide-laced products. The much-telegraphed potential merger fell apart after…...