Spain’s Puig Shares Jump on Lauder Merger Talks
Shares of the Spanish beauty group surged around 16 percent on Tuesday, on track for their best trading day on record, after announcing they were in talks over a potential merger with Estée Lauder.
stores
Marketing
Hill House Home Lands in the UK
Expanding overseas is one of several ways the New York-based brand is looking to keep up momentum, three years after its ‘nap dress’ went viral.
Hill House Home Lands in the UK
Expanding overseas is one of several ways the New York-based brand is looking to keep up momentum, three years after its ‘nap dress’ went viral.
Partner Content
At Oud Fashion Talks, Demystifying the Rapidly Transforming GCC Fashion Industry
The second edition of Oud Fashion Talks explored the forces transforming the Gulf’s fashion industry today, with key learnings from BoF Insights’ ‘Fashion in the Middle East’ report and from executives of local retailers, manufacturers, designers and entrepreneurs.
At Oud Fashion Talks, Demystifying the Rapidly Transforming GCC Fashion Industry
The second edition of Oud Fashion Talks explored the forces transforming the Gulf’s fashion industry today, with key learnings from BoF Insights’ ‘Fashion in the Middle East’ report and from executives of local retailers, manufacturers, designers and entrepreneurs.
Luxury
Why Tax-Free Shopping Matters
This week, Burberry’s chairman took the UK prime minister to task over his decision to eliminate tax-free shopping for tourists, calling Britain the ‘least attractive shopping destination in Europe.’
Why Tax-Free Shopping Matters
This week, Burberry’s chairman took the UK prime minister to task over his decision to eliminate tax-free shopping for tourists, calling Britain the ‘least attractive shopping destination in Europe.’
Luxury
Tiffany, Dior: Understanding the New Model for Luxury Flagships
There are stores, there are flagships, and then there are mega projects like Dior’s Avenue Montaigne, Chanel’s Rue Cambon and Gucci’s Garden that go a step further in driving revenue and creating a lasting impression with shoppers. On Friday after a four-year renovation, Tiffany will make its case to be added to that list.
Tiffany, Dior: Understanding the New Model for Luxury Flagships
There are stores, there are flagships, and then there are mega projects like Dior’s Avenue Montaigne, Chanel’s Rue Cambon and Gucci’s Garden that go a step further in driving revenue and creating a lasting impression with shoppers. On Friday after a four-year renovation, Tiffany will make its case to be added to that list.
Luxury
Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’
At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’
Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’
At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’
Beauty
Beauty Brands Are Rediscovering an Old-School Way to Sell Their Products
Indie brands that used to rely on Instagram ads and TikTok influencers to spread the word are hiring traditional sales reps who trek from store to store promoting their wares.
Beauty Brands Are Rediscovering an Old-School Way to Sell Their Products
Indie brands that used to rely on Instagram ads and TikTok influencers to spread the word are hiring traditional sales reps who trek from store to store promoting their wares.
Luxury
Lacoste Bets on New Store Concept to Propel Sales to €4 Billion
After sales hit €2.5 billion last year, the French heritage label known for its crocodile-logoed polos is looking to its new ‘Lacoste Arena’ retail concept to help power its next chapter of growth.
Lacoste Bets on New Store Concept to Propel Sales to €4 Billion
After sales hit €2.5 billion last year, the French heritage label known for its crocodile-logoed polos is looking to its new ‘Lacoste Arena’ retail concept to help power its next chapter of growth.
China
The Recession That Wasn’t?
China’s economy is ramping up just as America’s is slowing down, giving global brands some options to navigate a downturn. That, plus what else to watch for this week.
The Recession That Wasn’t?
China’s economy is ramping up just as America’s is slowing down, giving global brands some options to navigate a downturn. That, plus what else to watch for this week.
Retail
How to Manage Cash in a Downturn
In an uncertain economy, brands must be as efficient as possible, protecting margins by eliminating non-essential costs, reducing SKUs and negotiating with suppliers.
How to Manage Cash in a Downturn
In an uncertain economy, brands must be as efficient as possible, protecting margins by eliminating non-essential costs, reducing SKUs and negotiating with suppliers.
Partner Content
BoF Insights | The Evolving Art of Luxury Experiential Retail
Today’s luxury shoppers have high expectations for what experiential shopping needs to deliver, as a new report from BoF Insights, in partnership with upcoming shopping district Royalmount, reveals.
BoF Insights | The Evolving Art of Luxury Experiential Retail
Today’s luxury shoppers have high expectations for what experiential shopping needs to deliver, as a new report from BoF Insights, in partnership with upcoming shopping district Royalmount, reveals.
Beauty
Turning Sexual Wellness Into a Contact Sport
The Soho boutique is probably the first sex toy shop with a shrine to Wayne Gretzky, but it’s not alone in its pursuit of using vibrators and lube to lure shoppers into stores.
Turning Sexual Wellness Into a Contact Sport
The Soho boutique is probably the first sex toy shop with a shrine to Wayne Gretzky, but it’s not alone in its pursuit of using vibrators and lube to lure shoppers into stores.
Partner Content
BoF LIVE | How Retail Careers Are Evolving
Neiman Marcus’s Lana Todorovich shared how the retailer is navigating the luxury retail sector’s transformation with an emphasis on the customer experience, and how retail careers are changing in the sector.
BoF LIVE | How Retail Careers Are Evolving
Neiman Marcus’s Lana Todorovich shared how the retailer is navigating the luxury retail sector’s transformation with an emphasis on the customer experience, and how retail careers are changing in the sector.
The News in Brief
Oil Slides, Stocks Climb on Trump’s Iran Reprieve
Oil prices tumbled by over 8 percent after Trump said the US was in talks with Tehran to end the US-Israeli war on Iran, a claim parliamentary speaker Mohammad Baqer Ghalibaf has denied.
Puig, Estée Lauder Companies Considering Merger
The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses.
Applied Nutrition Sinks as War Disruption Poses Growth Risk
The UK supplement maker's shares slumped the most since its 2024 IPO after warning of disruption from the conflict in the Middle East, its CEO told Bloomberg.
New Luxury Store Openings Rise in Europe, Cushman Data Shows
The continent’s leading luxury retail streets saw a 13 percent rise in new outlets last year, with fierce competition for prime locations, according to Cushman & Wakefield.
Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
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.