Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
business-growth
Financial Markets
Burberry Profit Steady Awaiting New Collections in Stores
The British fashion house expects revenue growth after positive feedback on products by Riccardo Tisci.
Burberry Profit Steady Awaiting New Collections in Stores
The British fashion house expects revenue growth after positive feedback on products by Riccardo Tisci.
Financial Markets
How Online Brands Can Pave a Path to Profitability
Many direct-to-consumer brands run losses for years, relying on a perpetual cycle of funding rounds to cover the cost of acquiring new customers. Here’s BoF’s guide to getting out of the red, with advice from founders of start-ups that did it.
How Online Brands Can Pave a Path to Profitability
Many direct-to-consumer brands run losses for years, relying on a perpetual cycle of funding rounds to cover the cost of acquiring new customers. Here’s BoF’s guide to getting out of the red, with advice from founders of start-ups that did it.
Financial Markets
Op-Ed | Fashion Needs a New Business Model. Speed Is the Answer.
Fashion businesses need to move faster to remain competitive. But speeding up means more than chasing trends – brands must realign their entire supply chain to create both market and social value.
Op-Ed | Fashion Needs a New Business Model. Speed Is the Answer.
Fashion businesses need to move faster to remain competitive. But speeding up means more than chasing trends – brands must realign their entire supply chain to create both market and social value.
Beauty
New York’s Fashion and Beauty Startup Scene Is Having a Moment
Investors like the new breed of fashion companies that have an Instagram-fuelled intimate relationship with their customers.
New York’s Fashion and Beauty Startup Scene Is Having a Moment
Investors like the new breed of fashion companies that have an Instagram-fuelled intimate relationship with their customers.
Financial Markets
Glossier Raises $100 million After Sales Double
The millennial-favorite cosmetics company doubled sales last year and is now valued at $1.2 billion, reports say.
Glossier Raises $100 million After Sales Double
The millennial-favorite cosmetics company doubled sales last year and is now valued at $1.2 billion, reports say.
Financial Markets
Gwyneth Paltrow's Goop Cashing in Despite 'Pseudoscience' Claims
To the surprise of the medical community, Gwyneth Paltrow's lifestyle brand has become the epicentre of the multi-trillion dollar wellness industry.
Gwyneth Paltrow's Goop Cashing in Despite 'Pseudoscience' Claims
To the surprise of the medical community, Gwyneth Paltrow's lifestyle brand has become the epicentre of the multi-trillion dollar wellness industry.
Retail
The Secrets to Veronica Beard’s Success
At a time when the lifecycle of a brand can be short as an Instagram Story, the New York-based label is building a sustainable business.
The Secrets to Veronica Beard’s Success
At a time when the lifecycle of a brand can be short as an Instagram Story, the New York-based label is building a sustainable business.
Financial Markets
How Monica Vinader Conquered Demi-Fine Jewellery
The 'accessible luxury' brand has its sights set on revenues of £200 million a year in the growing space between fine and fashion jewellery. Next up: new stores on three continents.
How Monica Vinader Conquered Demi-Fine Jewellery
The 'accessible luxury' brand has its sights set on revenues of £200 million a year in the growing space between fine and fashion jewellery. Next up: new stores on three continents.
Financial Markets
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Financial Markets
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
Financial Markets
French Connection Says Close to Turning Around Business
The British fashion chain has closed stores and hired new management and design teams as it tries to turn the corner.
French Connection Says Close to Turning Around Business
The British fashion chain has closed stores and hired new management and design teams as it tries to turn the corner.
Financial Markets
Proenza Schouler Gets Down to Business With Second, More Casual Label
Jack McCollough, Lazaro Hernandez and Judd Crane tell BoF how Proenza Schouler White Label (PSWL) will open the brand to a broader audience.
Proenza Schouler Gets Down to Business With Second, More Casual Label
Jack McCollough, Lazaro Hernandez and Judd Crane tell BoF how Proenza Schouler White Label (PSWL) will open the brand to a broader audience.
The News in Brief
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.