Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges
CEO Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.
cosmetics
Beauty
Investors: Beware the Beauty Bubble
Eager buyers are driving beauty and personal care valuations up, but industry insiders see risks.
Investors: Beware the Beauty Bubble
Eager buyers are driving beauty and personal care valuations up, but industry insiders see risks.
Beauty
Inside Britain's Fastest-Growing Beauty Business
Online make-up haven Cult Beauty is projected to hit £100 million in revenue this year.
Inside Britain's Fastest-Growing Beauty Business
Online make-up haven Cult Beauty is projected to hit £100 million in revenue this year.
Retail
Op-Ed | Macy's Should Unleash Its Secret Weapon
Executives do little to tout the Bluemercury cosmetics brand, though it's well-suited for retail's future.
Op-Ed | Macy's Should Unleash Its Secret Weapon
Executives do little to tout the Bluemercury cosmetics brand, though it's well-suited for retail's future.
Beauty
Avon Sales Fall as Fewer Sales Representatives Sign Up
Sales remained flat at $1.57 billion compared to the previous year, after the number of sales representatives dropped by 2 percent.
Avon Sales Fall as Fewer Sales Representatives Sign Up
Sales remained flat at $1.57 billion compared to the previous year, after the number of sales representatives dropped by 2 percent.
Beauty
When Radical Transparency Bites Back
Total transparency has been Deciem founder Brandon Truaxe’s calling card since the beginning. But what happens when it creates an online firestorm?
When Radical Transparency Bites Back
Total transparency has been Deciem founder Brandon Truaxe’s calling card since the beginning. But what happens when it creates an online firestorm?
Beauty
A New Dawn for Japanese Beauty Brands
While K-Beauty has dominated headlines for several years, Japanese beauty brands are accelerating their efforts to attract global consumers. BoF investigates six of the most dynamic exports.
A New Dawn for Japanese Beauty Brands
While K-Beauty has dominated headlines for several years, Japanese beauty brands are accelerating their efforts to attract global consumers. BoF investigates six of the most dynamic exports.
Workplace & Talent
Avon Picks First Male CEO Since 1999, Naming Unilever Veteran
The cosmetics seller has appointed Jan Zijderveld as chief executive, succeeding Sheri McCoy.
Avon Picks First Male CEO Since 1999, Naming Unilever Veteran
The cosmetics seller has appointed Jan Zijderveld as chief executive, succeeding Sheri McCoy.
News & Analysis
Avon Shares Rise as Shareholders Call for Sale
The group said they were "extremely disappointed" with the board's failure to address falling shareholder value and to hire a new chief executive.
Avon Shares Rise as Shareholders Call for Sale
The group said they were "extremely disappointed" with the board's failure to address falling shareholder value and to hire a new chief executive.
Beauty
Beauty Brands Are Boosting Speed to Market
A new wave of ‘fast beauty’ brands are shortening their innovation cycles and getting products to market quicker than ever before.
Beauty Brands Are Boosting Speed to Market
A new wave of ‘fast beauty’ brands are shortening their innovation cycles and getting products to market quicker than ever before.
News & Analysis
UK Bans Microbeads in Beauty Products to Save Oceans From Plastics
The ban will mean cosmetics manufacturers will no longer be able to use microbeads — typically added to act as an exfoliant — in their rinse-off products.
UK Bans Microbeads in Beauty Products to Save Oceans From Plastics
The ban will mean cosmetics manufacturers will no longer be able to use microbeads — typically added to act as an exfoliant — in their rinse-off products.
Beauty
Ulta Beauty Fades as Growth Story Seen Showing Cracks
Competition from elsewhere, including from LVMH's Sephora and Macy's Bluemercury, has limited much of Ulta's growth.
Ulta Beauty Fades as Growth Story Seen Showing Cracks
Competition from elsewhere, including from LVMH's Sephora and Macy's Bluemercury, has limited much of Ulta's growth.
Beauty
Why LVMH May Become a Bigger Beauty Player
As digital fuels brand fragmentation in beauty, LVMH has stayed largely on the sidelines, but the explosive success of Fenty Beauty could spell a change of heart.
Why LVMH May Become a Bigger Beauty Player
As digital fuels brand fragmentation in beauty, LVMH has stayed largely on the sidelines, but the explosive success of Fenty Beauty could spell a change of heart.
The News in Brief
Puig Announces New CEO
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.