Prada Nears Approval of Versace Deal Despite Tariffs The luxury fashion industry is abuzz with anticipation as Prada SpA edges closer to securing the acquisition of Versace from Capri Holdings Ltd. in a deal worth €1.25 billion ($1.4 billion). Despite the looming threat of tariffs and economic uncertainties, Prada is forging ahead, showcasing resilience and […]
The Architect of Olaplex’s Turnaround
The Architect of Olaplex’s Turnaround In the fast-paced world of beauty and haircare, few brands have made as much of an impact as Olaplex. Known for its revolutionary hair repair treatments, Olaplex quickly rose to fame, becoming a favorite among beauty enthusiasts and professionals alike. However, like many success stories, Olaplex faced its own set […]
Hailey Bieber Explores Sale of Her Makeup Brand Rhode, Sources Say
Hailey Bieber Explores Sale of Her Makeup Brand Rhode, Sources Say Hailey Bieber, the renowned model and entrepreneur, seems to be taking a significant step in her business ventures. Reports have surfaced indicating that Bieber is considering the sale of her makeup brand, Rhode. This potential move has stirred curiosity and speculation within the beauty […]
Unilever Acquires Refillable Deodorant Brand Wild
Unilever Acquires Refillable Deodorant Brand Wild Unilever, the global personal care giant, has made a significant move in the industry by acquiring the British start-up, Wild, for a whopping £230 million. Rumors had been swirling since February about the potential acquisition, and now it has come to fruition, marking a strategic development in Unilever’s portfolio. […]
OTB’s Annual Sales Fall 4% Despite Growth at Diesel and Margiela
OTB Struggles with 4% Sales Decline Despite Success Stories at Diesel and Margiela Italian fashion conglomerate OTB, known for its renowned brands such as Diesel, Jil Sander, Maison Margiela, Marni, and Viktor&Rolf, faced a challenging year in 2024. Despite individual success stories within the group, OTB reported a 4.4% decline in turnover, amounting to €1.8 […]
The Debrief | How to Future-Proof Your Fashion Career in 2025
The Debrief | How to Future-Proof Your Fashion Career in 2025 As the fashion industry finds itself at a crossroads in 2025, professionals are facing unprecedented challenges amidst a backdrop of political shifts, leadership changes, and an overall slowdown in the luxury sector. The landscape is evolving rapidly, and for fashion careers to thrive in […]
Coty Sees Annual Profit at Low End of Forecast as Mass Beauty Demand Slows
In a world where beauty often reigns supreme, Coty Inc. finds itself navigating a challenging market landscape. The company recently announced that it expects its annual profit to be at the low end of its forecast due to a slowdown in consumer demand for beauty products, particularly in critical markets like the United States and […]