The Impact of ‘Revenge Travel’ on Luxury Sales As border re-openings and the repatriation of spending take center stage, the landscape of luxury sales is set to undergo a significant transformation, especially in the realm of Chinese consumer behavior. The phenomenon of ‘Revenge Travel’ is expected to play a pivotal role in shaping the patterns […]
Is Nike Finally Winning With Women?
Is Nike Finally Winning With Women? Nike, the global sportswear giant, has long been a dominant force in the industry, but its success with women has not always been as prominent as its success with men. However, with recent bold marketing strategies, a revamped leadership team led by new brand president Amy Montagne, and the […]
How Portuguese Brands Are Implementing Digital Strategies Today
How Portuguese Brands Are Implementing Digital Strategies Today The Portuguese Footwear Association, APICCAPS, recently took a proactive step towards the future by organizing the Digi4Fashion event in Porto. This event brought together brand leaders and business professionals from the footwear and fashion industries to discuss the digital opportunities that lie ahead for the industry in […]
Ralph Lauren’s Quarterly Results Beat Estimates on Steady Demand
Ralph Lauren’s Quarterly Results Beat Estimates on Steady Demand Ralph Lauren, the iconic fashion brand known for its timeless elegance and sophisticated designs, has recently announced impressive quarterly results that surpassed analysts’ estimates. This success can be attributed to a combination of savvy marketing strategies and strategic investments into brands like Polo and Purple Label, […]
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall The allure of the Chinese travel retail market has long been a beacon of hope for global beauty conglomerates like Estée Lauder Companies and L’Oréal. With the influx of Chinese tourists seeking luxury goods at duty-free shops, these companies positioned themselves to capitalize […]
Ferragamo’s Revenues Fell 1% in First Quarter, Dragged by Weak Sales in Asia
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 […]