Schneider Electric, a global leader in energy management and automation, has recently unveiled a significant strategy shift with its announcement of an $850 million acquisition of a 75% stake in Motivair Corp. This U.S.-based company specializes in liquid cooling solutions tailored for high-performance computing. This all-cash deal is set to be completed in the forthcoming […]
Eileen Fisher’s Mindful Growth Model
As Eileen Fisher celebrates its 40th anniversary, the brand stands as a significant figure in the fashion industry, championing a philosophy that prioritizes sustainability and ethical consumption. The journey of this American designer, often referred to as the “queen of slow fashion,” is particularly noteworthy in today’s fast-paced, trend-driven market. Fisher’s commitment to producing timeless […]
Unlocking the Potential of Hemp-Based Polymers
In a world increasingly aware of environmental issues, the quest for sustainable materials has taken on new urgency. One promising avenue emerging is the use of hemp-based polymers, which offer versatile applications while also contributing to ecological well-being. Unlike traditional petroleum-based plastics, these biopolymers combine functionality with minimal environmental impact, paving the way for a […]
Former Off-White Head Andrea Grilli Appointed CEO at Pharrell’s Humanrace
On October 17, 2024, Pharrell Williams’ skincare brand, Humanrace, made headlines with the appointment of Andrea Grilli, the former CEO of Off-White, as its new chief executive officer. Grilli replaces Rachel Muscat, who co-founded Humanrace with Williams in 2020. This leadership change comes with significant optimism as the brand aims to expand its reach and […]
Reformation Launches Jewellery Line Designed by Clare Waight Keller
In an exciting move that showcases both creativity and eco-consciousness, Reformation has introduced its inaugural jewellery collection. This line, crafted under the expert guidance of Clare Waight Keller, the former creative director for Givenchy, is now available for pre-order on the brand’s website. The collection includes a range of impactful pieces, such as earrings, bracelets, […]
Empowering Women in the Beauty Industry: The Lead Programme's Role in Advancing Gender Parity
Despite the critical global agenda aimed at achieving gender equality and empowering women, momentum towards parity has noticeably slowed, particularly in the wake of ongoing crises and challenges. The beauty industry, a sector predominantly composed of women, offers a unique opportunity to initiate and accelerate change. This is where Francis Tesmer, founder and CEO of […]
Coty Lowers First-Quarter Sales Outlook: A Reflection on Market Conditions
Coty Inc., the parent company of the renowned CoverGirl brand, recently announced a lower-than-expected first-quarter sales growth forecast, attributing the decline to tightening retail inventory management and weakened consumer spending. This revelation has triggered a notable dip in the company’s shares, falling by 6% in after-market trading, illustrating the ripple effect that corporate forecasts can […]
Nail Care Brand Nails Inc Acquired by Private Equity Firm
In a significant move within the beauty industry, Nails Inc, the prestigious British nail care brand founded in 1999 by Thea Green, has been acquired by the American private equity firm Pacific World Corporation. While the financial details of this acquisition have not been disclosed, the implications for both the brand and its market positioning […]
### Breaking Into Cybersecurity: The UK Cyber Team Competition for Young Talent
The rapidly evolving digital landscape presents both opportunities and challenges, particularly in the field of cybersecurity. Recognizing this, the UK Cyber Team Competition offers an exciting platform for 18 to 25-year-olds seeking to launch their careers in this critical area. Participants will engage in hands-on cyber exercises designed to sharpen their technical skills and enhance […]
Are Big Beauty Brands Greenwashing Worse Than Fashion?
In the competitive realm of beauty, terms like “clean” and “natural” dominate marketing conversations. However, a closer look reveals that beneath the glamorous surface, the beauty industry struggles significantly with transparency. A recent report by Good on You, a sustainability rating platform, highlights alarming trends in the practices of major beauty brands, particularly when it […]