Ferragamo’s Revenues Decline by 1% in Q1 Due to Weak Sales in Asia Italian luxury fashion house Salvatore Ferragamo, renowned for its exquisite footwear and accessories, faced a setback in the first quarter of the year as its revenues dipped by 1%. The brand, which is currently navigating the market without a CEO at the […]
Swiss Sneaker Brand On Lifts Sales Outlook as Customers Snap Up New Cloud 6
Swiss Sneaker Brand On Lifts Sales Outlook as Customers Snap Up New Cloud 6 Switzerland, known for its precision timepieces and exquisite chocolates, is now making waves in the world of sportswear with a brand that’s been gaining traction faster than a Roger Federer serve. The Swiss sneaker brand, backed by the tennis legend himself, […]
Olaplex Sales Continue to Slide
Olaplex Sales Continue to Slide: A Deep Dive into the Recent Financial Decline The beauty and hair care industry have always been a competitive landscape, with trends and consumer preferences constantly shifting. In recent news, Olaplex, a prestigious hair care company known for its innovative products, has been experiencing a notable decline in sales. The […]
Kenvue Beats Estimates on Healthcare Sales, Beauty Lags
Kenvue Beats Estimates on Healthcare Sales, Beauty Lags Kenvue, a leading player in the healthcare and beauty industry, recently announced its quarterly earnings, surpassing Wall Street estimates in terms of overall sales and revenue. However, the company faced a setback as sales in its skincare and beauty segment fell short of expectations. The healthcare sector […]
BoF Masterclass | The State of Fashion: Beauty
BoF Masterclass | The State of Fashion: Beauty The beauty industry has always been a fascinating realm, constantly evolving and setting new trends. In the fast-paced world of fashion and beauty, staying ahead of the curve is crucial for success. Recently, the Executive Editor of The Business of Beauty, Priya Rao, hosted a Masterclass along […]
Hugo Boss Posts Q1 Beat, Reiterates 2025 Outlook
Hugo Boss Surpasses Q1 Expectations and Stays Firm on 2025 Vision German luxury fashion house Hugo Boss recently made headlines by exceeding expectations in its first-quarter results and reaffirming its long-term outlook for 2025. Despite concerns over US tariffs and economic uncertainties, the renowned brand has demonstrated resilience and confidence in its strategic direction. In […]
Estée Lauder Sales Slide 10%, Forecasts Bigger-Than-Expected Drop In Annual Sales
Estée Lauder Sales Slide 10%, Forecasts Bigger-Than-Expected Drop In Annual Sales The iconic American cosmetics company, Estée Lauder, is facing a significant challenge as it reported a 10 percent decline in sales for the third quarter of the year. This decrease in revenue has set off alarm bells within the industry, signaling potential trouble ahead […]
How to Sell Sex to Gen-Z
Selling Sex to Gen-Z: Embracing Playfulness and Inclusivity in the New Era of Sexual Wellness In the realm of sexual wellness, a significant shift is taking place as Gen-Z consumers come of age. This new generation, known for their craving for playfulness, inclusivity beyond gender binaries, and a demand for emotional nuance, is reshaping the […]
Il Makiage Parent Raises Full-Year Outlook
Il Makiage Parent Raises Full-Year Outlook The parent company of the popular cosmetics brand Il Makiage, Oddity, has recently made waves in the business world by announcing an optimistic update to its full-year outlook. The company now anticipates that its revenue for the year will fall between $790 million and $798 million, a significant increase […]
Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows
Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows Italian luxury fashion house Zegna Group has recently reported a 1% decrease in revenues, reflecting the challenges faced by the wholesale sector while witnessing growth in Direct-to-Consumer (DTC) channels. This shift in revenue streams signifies a broader trend in the fashion industry as consumer […]