Inside the Indian Beauty Retail Wars
The Business of Fashion
by Akanksha Kamath
1d ago
The battle for exclusive international beauty launches is intensifying as Nykaa, Tira and more set their eyes on expansion ..read more
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Thousands of Shoppers Swapped London for EU Since ‘Tourist Tax’
The Business of Fashion
by Bloomberg
1d ago
New analysis shows that 162,000 tourists from outside the European Union sought refunds on VAT — a sales tax — exclusively in Britain in 2019. One fifth of those tourists are now claiming rebates in other parts of the EU, where the tax break still applies ..read more
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Gap Names PepsiCo Exec as Global Chief Marketing Officer
The Business of Fashion
by Cathaleen Chen
1d ago
Fabiola Torres, who has also held leadership roles at Nike and Apple, will oversee the group's marketing, merchandising and store experience functions ..read more
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Allbirds’ Sales Dip Continues in 2024, Losses Narrow
The Business of Fashion
by Malique Morris
1d ago
The company is anticipating further sales slumps this year. Its revenue will likely drop as much as 25 percent year over year to $190 million in 2024 ..read more
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The Scent Firms Hacking the Retail Experience
The Business of Fashion
by The Guardian
1d ago
As in-person retail continues to recover, store owners and marketers are working hard to press the main advantage analogue shopping has over digital: its appeal to all the senses ..read more
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Neutrogena Lost Dermatologists and Missed Out on the $42 Billion Beauty Boom
The Business of Fashion
by Bloomberg
1d ago
What had once been a nimble, innovative company, Neutrogena became slow-moving and cautious. It retreated precisely when rivals went all in – and missed out on a big chunk of the market ..read more
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Shopify Falls on Surprise Loss, Hit From Logistics Unit Sale
The Business of Fashion
by Bloomberg
1d ago
After rallying more than 120 percent last year, Shopify shares have struggled this year after the company had projected higher operating costs than expected for this quarter ..read more
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Op-Ed | How Macy’s Can Repel the Barbarians at Its Gate
The Business of Fashion
by Bloomberg
1d ago
The company, under siege from Arkhouse Management Co. and Brigade Capital Management, doesn’t need the activists when it can be its own, writes Andrea Felsted ..read more
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Boohoo Dives Into Debt as Losses Soar to £160 Million and Sales Slump
The Business of Fashion
by The Guardian
1d ago
The online fashion specialist said it had built up net debts of £95m in the year to the end of February – down from almost £6m of net cash a year before – after losses widened 76 percent to £160 million ..read more
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Levi Strauss Ends Lawsuit Against Italy’s Brunello Cucinelli Over Trademarked Tab
The Business of Fashion
by Reuters
1d ago
Levi notified a federal judge in Oakland, California on Tuesday that it was dismissing the case with prejudice, meaning it cannot be brought again. Settlement talks began shortly after Levi sued in January ..read more
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