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.
cosmetics
Beauty
Inside Puig’s Transformation Through M&A
Dries Van Noten, Charlotte Tilbury, Byredo… While reinforcing its position in designer fragrances, the Spanish owner of Paco Rabanne and Jean Paul Gaultier has diversified its business with an acquisition spree. CEO Marc Puig unpacks the strategy.
Inside Puig’s Transformation Through M&A
Dries Van Noten, Charlotte Tilbury, Byredo… While reinforcing its position in designer fragrances, the Spanish owner of Paco Rabanne and Jean Paul Gaultier has diversified its business with an acquisition spree. CEO Marc Puig unpacks the strategy.
Beauty
Applying Lessons From the Beauty Industry to a Department Store Turnaround
Sophia Hwang-Judiesch, who took the helm of the storied department story in September, is looking to find the sweet spot between leveraging new growth prospects and revamping brick-and-mortar.
Applying Lessons From the Beauty Industry to a Department Store Turnaround
Sophia Hwang-Judiesch, who took the helm of the storied department story in September, is looking to find the sweet spot between leveraging new growth prospects and revamping brick-and-mortar.
Beauty
What Can Beauty Expect From Generation Alpha?
The oldest members of the youngest generation turn 13 this year. Like Gen-Zers and millennials before them, they’re already being defined by a fresh set of beliefs, aesthetics and attitudes.
What Can Beauty Expect From Generation Alpha?
The oldest members of the youngest generation turn 13 this year. Like Gen-Zers and millennials before them, they’re already being defined by a fresh set of beliefs, aesthetics and attitudes.
Beauty
Bobbi Brown Does It Again
The makeup artist-turned-founder wants to fly solo with her second act: clean makeup range, Jones Road. Can she?
Bobbi Brown Does It Again
The makeup artist-turned-founder wants to fly solo with her second act: clean makeup range, Jones Road. Can she?
Direct-to-Consumer
How UK Brands Can Navigate US Expansion
To break into the hard-to-penetrate American market, British-born DTC upstarts are embracing wholesale and investing in US-centric marketing channels.
How UK Brands Can Navigate US Expansion
To break into the hard-to-penetrate American market, British-born DTC upstarts are embracing wholesale and investing in US-centric marketing channels.
Beauty
L’Oréal Eyes Tech Talent, Puts Sustainability at the Fore
Beauty’s biggest player is leaning into artificial intelligence and placing a deeper focus on how its goods are made.
L’Oréal Eyes Tech Talent, Puts Sustainability at the Fore
Beauty’s biggest player is leaning into artificial intelligence and placing a deeper focus on how its goods are made.
Beauty
Why Everyone Is Obsessed With the ‘Bold Glamour’ Filter
The TikTok filter went viral this week, further distorting our perceptions of reality.
Why Everyone Is Obsessed With the ‘Bold Glamour’ Filter
The TikTok filter went viral this week, further distorting our perceptions of reality.
Beauty
Olaplex Expects Net Sales to Fall 15 Percent in 2023
CEO JuE Wong called 2023 a “reset” year for the company, after fourth-quarter sales fell 21 percent year-over-year to $130 million.
Olaplex Expects Net Sales to Fall 15 Percent in 2023
CEO JuE Wong called 2023 a “reset” year for the company, after fourth-quarter sales fell 21 percent year-over-year to $130 million.
Beauty
Kering’s Next Frontier: Beauty
The Gucci owner has hired former Estée Lauder executive Raffaella Cornaggia to lead its new beauty division, echoing the formation of the group’s eyewear unit in 2014. Why now for beauty and does this mean the beginning of the end of the licensing model for luxury brands?
Kering’s Next Frontier: Beauty
The Gucci owner has hired former Estée Lauder executive Raffaella Cornaggia to lead its new beauty division, echoing the formation of the group’s eyewear unit in 2014. Why now for beauty and does this mean the beginning of the end of the licensing model for luxury brands?
Beauty
Case Study | Inside Beauty’s Biggest Disruptor
E.l.f.’s story is about how an upstart-turned-industry juggernaut brought its growth ambitions to life, with some tough lessons along the way.
Case Study | Inside Beauty’s Biggest Disruptor
E.l.f.’s story is about how an upstart-turned-industry juggernaut brought its growth ambitions to life, with some tough lessons along the way.
Beauty
Emily Weiss Is the LeBron James of Beauty
Glossier entering Sephora is analogous to LeBron James joining the Miami Heat in 2010. Hear me out.
Emily Weiss Is the LeBron James of Beauty
Glossier entering Sephora is analogous to LeBron James joining the Miami Heat in 2010. Hear me out.
Beauty
Glossier’s Comeback Plan
After a rough few years, the beauty brand is opening a new SoHo flagship, will soon launch at Sephora and is planning a busy slate of product releases. Sources say sales of $275 million this year aren’t out of the question.
Glossier’s Comeback Plan
After a rough few years, the beauty brand is opening a new SoHo flagship, will soon launch at Sephora and is planning a busy slate of product releases. Sources say sales of $275 million this year aren’t out of the question.
The News in Brief
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.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.