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.
investment
Beauty
The Founders Pushing African Fragrance Into the Mainstream
Across the continent, a handful of nascent brands are attempting to kickstart the continent’s own niche perfume moment. Success will take mastery of retail, e-commerce and branding across borders.
The Founders Pushing African Fragrance Into the Mainstream
Across the continent, a handful of nascent brands are attempting to kickstart the continent’s own niche perfume moment. Success will take mastery of retail, e-commerce and branding across borders.
Luxury
Altuzarra Nabs Investment From New Venture Fund P180
The 16-year-old womenswear label is partnering with the investment firm to ramp up its direct-to-consumer business.
Altuzarra Nabs Investment From New Venture Fund P180
The 16-year-old womenswear label is partnering with the investment firm to ramp up its direct-to-consumer business.
Beauty
Refy Bets the Indie Beauty Boom Isn’t Over Yet
Despite a slowdown in the M&A pipeline and rising pressure on indie brands, British cosmetics company Refy thinks it can buck the trend and become a breakout star. Pulling it off will require careful calibration to help it broaden its presence without denting its status.
Refy Bets the Indie Beauty Boom Isn’t Over Yet
Despite a slowdown in the M&A pipeline and rising pressure on indie brands, British cosmetics company Refy thinks it can buck the trend and become a breakout star. Pulling it off will require careful calibration to help it broaden its presence without denting its status.
Retail
Why Mytheresa Bought Yoox-Net-a-Porter
The merger between the luxury e-tailers has potentially far-reaching implications for the troubled sector.
Why Mytheresa Bought Yoox-Net-a-Porter
The merger between the luxury e-tailers has potentially far-reaching implications for the troubled sector.
Retail
What the Fed’s Big Rate Cut Means for Fashion
The US Federal Reserve’s first interest rate cut since the pandemic will make borrowing cheaper. Ideally, it will ease pressure on some brands and retailers, encourage investment and drive more spending from shoppers.
What the Fed’s Big Rate Cut Means for Fashion
The US Federal Reserve’s first interest rate cut since the pandemic will make borrowing cheaper. Ideally, it will ease pressure on some brands and retailers, encourage investment and drive more spending from shoppers.
Beauty
Exclusive: L Catterton Invests in British Fragrance Brand Vyrao
The niche brand, founded by former fashion buyer Yasmin Sewell, has closed its second round of funding with Manzanita Capital and Estée Lauder’s corporate venture capital arm also participating.
Exclusive: L Catterton Invests in British Fragrance Brand Vyrao
The niche brand, founded by former fashion buyer Yasmin Sewell, has closed its second round of funding with Manzanita Capital and Estée Lauder’s corporate venture capital arm also participating.
Beauty
Cassandra Grey Buys Back Violet Grey — With Some Help
The cult beauty retailer’s founder teamed up with investor Sherif Guirgis to acquire the business back from Coupang, the South Korean owner of Farfetch.
Cassandra Grey Buys Back Violet Grey — With Some Help
The cult beauty retailer’s founder teamed up with investor Sherif Guirgis to acquire the business back from Coupang, the South Korean owner of Farfetch.
Luxury
Mytheresa Grows Sales Amid Continued Focus on Top Clients
After surviving the luxury e-commerce slowdown this year, Mytheresa is preparing for the future by introducing new initiatives to retain its stronghold on its highest spending customers.
Mytheresa Grows Sales Amid Continued Focus on Top Clients
After surviving the luxury e-commerce slowdown this year, Mytheresa is preparing for the future by introducing new initiatives to retain its stronghold on its highest spending customers.
Luxury
Chanel Owners and L’Oréal Heir Investing in Olsens’ The Row
The Wertheimer family and Francoise Bettencourt Meyers’ Tethys Invest have acquired minority stakes in The Row, valuing the Olsen sisters’ luxury label at approximately $1 billion, with Imaginary Ventures also joining the investment.
Chanel Owners and L’Oréal Heir Investing in Olsens’ The Row
The Wertheimer family and Francoise Bettencourt Meyers’ Tethys Invest have acquired minority stakes in The Row, valuing the Olsen sisters’ luxury label at approximately $1 billion, with Imaginary Ventures also joining the investment.
Beauty
A Deodorant Brand Bets on The ‘Aesop Effect’
Daniel Bense, a former Aesop executive, is putting his learnings from the Australian megabrand to work in a new premium personal care company.
A Deodorant Brand Bets on The ‘Aesop Effect’
Daniel Bense, a former Aesop executive, is putting his learnings from the Australian megabrand to work in a new premium personal care company.
Luxury
The Coach-Michael Kors Deal Has Its Day in Court
Hours before its runway show during New York Fashion Week on Monday, Coach’s parent company, Tapestry, faced off with the FTC to prove its $8 billion acquisition of Michael Kors’ owner Capri isn’t anti-competitive.
The Coach-Michael Kors Deal Has Its Day in Court
Hours before its runway show during New York Fashion Week on Monday, Coach’s parent company, Tapestry, faced off with the FTC to prove its $8 billion acquisition of Michael Kors’ owner Capri isn’t anti-competitive.
Luxury
Why Theophilio Is Giving Fashion Week Another Shot
The New York-based label will return to the schedule after a three-season hiatus. This time around, the business is in a much healthier financial state, said designer Edvin Thompson, and is now eyeing a supply chain expansion.
Why Theophilio Is Giving Fashion Week Another Shot
The New York-based label will return to the schedule after a three-season hiatus. This time around, the business is in a much healthier financial state, said designer Edvin Thompson, and is now eyeing a supply chain expansion.
The News in Brief
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.
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.