Big Beauty Brands Embrace AI Skin Analysis In the ever-evolving landscape of the beauty industry, technology plays a crucial role in revolutionizing skincare routines. As AI continues to make waves across various sectors, big beauty brands like Beiersdorf, Clarins, and L’Oréal are placing their bets on AI skin analysis to enhance their products and provide […]
Why the ‘Walmart Birkin’ Struck a Nerve
The emergence of the so-called ‘Walmart Birkin,’ or ‘Wirkin,’ has captured significant attention in the fashion world, illuminating a notable shift in consumer attitudes toward luxury goods. This movement, reflected in viral TikTok videos showcasing a bag that closely resembles the iconic Hermès Birkin but costs a mere $78, raises critical questions about luxury branding, […]
The Multi-Step Beauty Routine Moves Beyond the Face
In the modern beauty landscape, the traditional notion of skincare routines centered only on facial products is swiftly giving way to more comprehensive regimes. Influencers are driving a demand for an expansive approach to self-care, one that incorporates scalp, hair, body, and even hand care. With social media platforms like TikTok playing an influential role, […]
Mulberry Restructures as Sales Slump
Mulberry, the renowned British luxury handbag manufacturer, is facing significant challenges marked by a notable decrease in sales and increasing operational losses. Recent reports reveal that the company will reduce its head office workforce by approximately 25%, translating to about 85 job cuts from its corporate functions, as it strives to navigate through troubled waters […]
The BoF Podcast | Khalid Al Tayer on Driving Transformation in the GCC’s Luxury Market
In a recent first public interview, Khalid Al Tayer, the managing director of Al Tayer Insignia and CEO of Ounass, provided valuable insights into the rapidly transforming luxury market in the Middle East. He discussed the importance of a customer-first approach and how brands can effectively engage discerning customers in this region. Al Tayer explained […]
Unpacking the GCC’s Fashion and Beauty Growth Opportunities at Oud Fashion Talks
This October, Oud Fashion Talks (OFT) returned for its third year, gathering regional and international fashion professionals in Kuwait. The event included networking dinners, an exhibition of local design talent, and a series of panel discussions and workshops at the Abdullah Al Salem Cultural Centre. These sessions emphasized the fashion, retail, and beauty landscapes in […]
Beiersdorf Sales Rise 6.5%; China Still Drags
In a noteworthy update for the beauty and skincare industry, German conglomerate Beiersdorf, the maker of the well-known Nivea brand, has reported a solid rise in group sales for the first nine months of 2024. Despite ongoing challenges in the Chinese luxury market, the company anticipates strong sales performance as it heads into the final […]