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 […]
BoF Masterclass | The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality
BoF Masterclass | The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality In the ever-changing landscape of retail and fashion, catering to consumers’ desires goes beyond what they wear. It extends into their living spaces, creating a seamless blend between personal style and home decor. The intersection of luxury, home, and hospitality presents a unique […]
Trump eases auto tariffs amid industry concerns
Trump Eases Auto Tariffs Amid Industry Concerns In a move that has been welcomed by major players in the automotive industry, President Trump recently announced a rollback of auto tariffs. Ford, GM, and Stellantis have all expressed their approval of this decision, seeing it as a positive step forward. However, despite this progress, there are […]
Puig Posts 8% Rise in First Quarter Sales
Puig’s Fragrance and Fashion Divisions Drive Growth Despite Makeup Business Losses Puig, the renowned Spanish conglomerate, has recently reported an impressive 8% increase in sales during the first quarter of 2025. This growth comes on the heels of a challenging period for the company, marked by losses in its makeup business. However, Puig managed to […]
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 […]
North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable
North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable In a surprising turn of events, Hudson’s Bay Co. ULC, North America’s oldest company, is facing its end. The company, which had previously announced plans to save six of its 96 stores from liquidation, including its iconic flagship store, has now decided […]
Louis Vuitton Raises Price on Popular US Bag Following New Trump Tariffs
Louis Vuitton’s Strategic Move: Price Increase on Popular US Bag Amid New Trump Tariffs In the realm of luxury fashion, few names evoke as much prestige and allure as Louis Vuitton. Renowned for its timeless elegance and impeccable craftsmanship, the French fashion house has long been a symbol of status and sophistication. However, recent developments […]
Reports: Saks Global Culls Corporate Workforce, Shutters Warehouse in Tennessee
Reports: Saks Global Streamlines Operations, Cuts Jobs, and Closes Warehouse in Tennessee Saks Global, a renowned department store chain that includes upscale retailers like Neiman Marcus and Bergdorf Goodman, is making strategic moves to streamline its operations and reduce costs. The company recently announced plans to eliminate hundreds of jobs as part of a consolidation […]
Apple’s $2 billion iPhone airlift from India dodges Trump’s tariffs
Apple’s $2 Billion iPhone Airlift from India Dodges Trump’s Tariffs In a bold and strategic move, tech giant Apple recently orchestrated a high-stakes operation involving the airlifting of a staggering 600 tons of iPhones from India to the United States. The urgency behind this massive logistical endeavor stemmed from the looming threat of tariffs imposed […]
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff The landscape of e-commerce is ever-changing, with new players constantly emerging and established ones striving to maintain their positions in the market. Recently, two major players in the online retail industry, Temu and Shein, have managed to capture the attention of consumers in the US […]