Why Salomon-Owner Amer Sports’ IPO Fell Short In the realm of fashion and sportswear, the initial public offering (IPO) of Amer Sports, the owner of Salomon, Arc’teryx, and Wilson, did not meet the anticipated success. Despite discounting its listing, the company faced challenges in the tepid US IPO market, joining the ranks of other major […]
Unilever to Acquire Men’s Personal Care Brand Dr. Squatch
Unilever to Acquire Men’s Personal Care Brand Dr. Squatch Unilever, the renowned consumer goods giant, made waves in the industry with its recent announcement of the acquisition of the popular American men’s personal care brand, Dr. Squatch. This strategic move underscores Unilever’s commitment to expanding its portfolio and catering to the evolving needs of consumers, […]
The New Growth Playbook in a Changing Beauty Market
The New Growth Playbook in a Changing Beauty Market In a dynamic and ever-evolving industry like beauty, staying ahead of the curve is essential for brands looking to thrive in today’s competitive landscape. Recently, Business of Fashion (BoF) and Front Row hosted a gathering of beauty executives in New York to delve into the key […]
‘Big Short’ Investor Michael Burry Doubles Stake in Cosmetics Maker Estée Lauder
Michael Burry, the famed investor known for his successful bet against the housing market in the mid-2000s, is once again making waves in the financial world. This time, he is doubling down on the cosmetics industry by significantly increasing his stake in Estée Lauder Companies Inc., a leading beauty conglomerate. Burry’s investment firm, Scion Asset […]
Church & Dwight to Acquire Hand Sanitiser Brand Touchland for $700 Million
Church & Dwight’s Strategic Move: Acquiring Touchland for $700 Million In the realm of personal care and hygiene, Church & Dwight has long been a prominent player, boasting a portfolio of successful brands such as Viviscal and Nair. However, the company’s recent announcement of its definitive agreement to acquire the popular hand sanitiser brand Touchland […]
MAC’s Plan to Win: Lip Oil and Nepo Babies
MAC’s Plan to Win: Lip Oil and Nepo Babies MAC Cosmetics, the renowned makeup brand under the Estée Lauder umbrella, has once again set the beauty industry abuzz with its latest campaign featuring Lipglass Air. In a strategic move to captivate a younger audience and stay ahead in the competitive market, MAC has enlisted 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 […]
Uniqlo Owner Raises Profit Forecast Amid Expansion Abroad
Uniqlo Owner Raises Profit Forecast Amid Expansion Abroad Fast Retailing Co., the parent company of the globally renowned clothing brand Uniqlo, is making waves in the retail industry once again. The company recently announced an optimistic outlook by raising its full-year profit forecast following a stellar performance in the fiscal first half. This move comes […]
The Architect of Olaplex’s Turnaround
The Architect of Olaplex’s Turnaround In the fast-paced world of beauty and haircare, few brands have made as much of an impact as Olaplex. Known for its revolutionary hair repair treatments, Olaplex quickly rose to fame, becoming a favorite among beauty enthusiasts and professionals alike. However, like many success stories, Olaplex faced its own set […]
Lululemon Tumbles as Tariff Uncertainty, Weak Demand Hit Forecasts
Lululemon Athletics Faces Stock Plunge Amid Tariff Uncertainty and Weak Demand Lululemon Athletics, the renowned athletic apparel retailer, is experiencing a significant downturn in its stock value. The company recently released downbeat annual forecasts, causing its shares to tumble by almost 13 percent during premarket trading on Friday. This sudden drop has set off alarm […]