How the Kering-L’Oréal Deal Rocked Fashion and Beauty This week, the world of fashion and beauty was shaken to its core as Kering, the French luxury conglomerate, made a monumental decision to sell off its beauty division to L’Oréal in a deal worth a staggering $4.6 billion. The impact of this transaction goes far beyond […]
AWS outage shows the cost of cloud concentration
The Cost of Cloud Concentration: Lessons Learned from the Recent AWS Outage The recent Amazon Web Services (AWS) outage sent shockwaves through the tech industry, serving as a stark reminder of the risks associated with cloud concentration. As more businesses migrate their operations to the cloud, the issue of cloud concentration has become increasingly relevant. […]
Harry’s Owner Mammoth Brands Acquires Baby Care Line Coterie
Harry’s Owner Mammoth Brands Acquires Baby Care Line Coterie Mammoth Brands, the parent company of popular grooming brand Harry’s, has recently made a strategic move by acquiring the premium baby care line Coterie. This acquisition marks a significant expansion of Mammoth Brands’ portfolio, which already includes well-known names in the personal care industry such as […]
Alibaba shares climb to highest since 2021
Alibaba Shares Surge to Highest Levels Since 2021, Offering Attractive Valuations Compared to US Tech Giants Alibaba Group Holding Ltd’s shares have recently reached their highest levels since 2021, sparking optimism among investors. Despite this positive development, it’s essential to note that the shares are still far below their peak in 2020. However, this situation […]
Worldview | African Apparel Manufacturers Brace for AGOA’s Expiry
Worldview: African Apparel Manufacturers Prepare for AGOA’s Expiry In the realm of global markets, the fashion business news is always abuzz with the latest trends, challenges, and opportunities. This week, one of the key topics that have caught the attention of industry experts and stakeholders is the imminent expiry of the African Growth and Opportunity […]
What Comes After the Fragrance Boom
Navigating the Changing Tides: The Evolution of the Perfume Industry In recent years, the fragrance sector has experienced a remarkable boom, with a myriad of new scents hitting the market and captivating consumers worldwide. However, as with any trend, the fervor surrounding perfumes is showing signs of waning. This shift in consumer sentiment has prompted […]
Victoria Beckham’s Brand Is Only Getting Bigger
Victoria Beckham’s Brand Is Only Getting Bigger Victoria Beckham, the fashion icon and entrepreneur, is set to take her brand to new heights as she prepares for a star turn in a Netflix docuseries this autumn. This announcement comes as her brand recently surpassed £100 million in annual sales, a remarkable achievement in a year […]
UK Luggage Brand Antler Acquires Paravel in Liquidation Sale
UK Luggage Brand Antler Acquires Paravel in Liquidation Sale In a strategic move to fortify its position in the competitive luggage market, UK-based brand Antler has made waves by acquiring Paravel in a liquidation sale. As a company under the umbrella of Strandbags, this acquisition marks a significant step towards expanding Antler’s global portfolio and […]
How to Build a Male Influencer Brand
Building a Male Influencer Brand: Strategies for Success In the realm of fashion startups, a new wave of male creators is making a significant impact. These entrepreneurs are not only cultivating niche audiences but also expanding their influence by establishing retail stores and engaging in strategic collaborations. To build a successful male influencer brand that […]
Beauty Chases Its New Rocket Ships
Beauty Chases Its New Rocket Ships The beauty industry, like many others, is facing uncertainties as companies lower their forecasts, brace for tariffs, and undertake layoffs. In this shifting landscape, it has become evident that relying solely on tried-and-true categories and markets may no longer suffice. To stay ahead in these challenging times, beauty brands […]