Is Burberry’s Turnaround Finally Gaining Momentum? Burberry, the iconic British luxury brand, has been on a mission to revive its image and regain its position at the top of the fashion world. After facing several challenges in recent years, from changing consumer preferences to the economic impact of the pandemic, Burberry is now gearing up […]
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 […]
Temu, Shein See US Sales Drop in Week After Tariff Price Hikes
Temu and Shein Experience Decline in US Sales Following Tariff Price Increases Fashion retail giants Temu and Shein have recently faced a significant setback in the US market. According to the latest reports, Shein witnessed a notable 23 percent decline in US sales, while Temu experienced a 17 percent drop during the week spanning from […]
Sexual Wellness Start-Up Dame Acquires Chakrubs
Sexual Wellness Start-Up Dame Acquires Chakrubs Sexual wellness is a rapidly expanding industry, with more and more companies vying for a piece of the market share. One such company making waves in the sector is Dame, known for its innovative products and commitment to destigmatizing conversations around sexual health. In a strategic move to further […]
Mytheresa Secures Regulatory Approval to Acquire YNAP
Mytheresa Secures Regulatory Approval to Acquire YNAP Mytheresa, the renowned German luxury e-tailer, has recently made headlines by successfully securing regulatory approval for its acquisition of Yoox Net-a-Porter (YNAP). This strategic move is poised to shake up the e-commerce landscape and solidify Mytheresa’s position as a major player in the luxury fashion industry. The deal, […]
Kay Jewelers Owner Sees Sales Rebounding, Sparking Shares
Kay Jewelers Owner Sees Sales Rebounding, Sparking Shares The jewelry industry has been facing challenges in recent years, with changing consumer preferences and economic uncertainties impacting sales. However, there seems to be a glimmer of hope on the horizon for Signet Jewelers, the owner of Kay Jewelers and Zales. Despite the turbulent times, Signet Jewelers […]
Ulta Beauty Braces for a Challenging 2025
Ulta Beauty Braces for a Challenging 2025 Ulta Beauty, the renowned US retailer in the beauty industry, is gearing up to face a challenging year ahead as it indicates a soft start to 2025. The beauty giant, known for its extensive range of beauty products and services, is feeling the impact of a global slowdown […]
Shiseido Profits Plummet 73% on Weak China Demand
Shiseido Profits Plummet 73% on Weak China Demand Shiseido, the renowned Japanese owner of popular beauty brands like Nars and Drunk Elephant, has recently been hit hard by a significant drop in profits. The company reported a staggering 73% decrease in its earnings, attributing this sharp decline to weak consumer demand in China. This downturn […]
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates VF Corp, the parent company of popular brands like Vans, has recently made a significant comeback in the retail industry. After facing two consecutive quarterly losses, the company has managed to turn a profit and exceed second-quarter sales estimates. This impressive achievement has not only […]