Articles
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1 week ago |
businessoffashion.com | Liz Flora
As festivalgoers flocked to the California desert to see Lady Gaga, Charli XCX and Megan Thee Stallion over Coachella’s first weekend, the “clout Olympics” for brands moved into full swing.
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1 week ago |
businessoffashion.com | Liz Flora
Shiseido has undergone an abrupt leadership change amid a sales decline in its Americas business. Ron Gee resigned as the CEO of Shiseido’s Americas division and will be replaced by the company’s EMEA region CEO Alberto Noé, according to a statement released Tuesday morning. Noé, who joined Shiseido in 2013, will serve as interim CEO for Americas while remaining in the EMEA role.
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1 week ago |
businessoffashion.com | Liz Flora
Amid a tough landscape for luxury, LVMH’s beauty category is no longer immune to the broader global slowdown. Organic revenue in the conglomerate’s perfumes and cosmetics division fell by 1 percent to 2.2 billion euros in the first quarter of 2025, down from 2 percent growth in last year’s fourth quarter. Reported revenue was flat. This was despite fact that fragrances “continued to outperform,” said LVMH director of financial communications Rodolphe Ozun on the earnings call.
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2 weeks ago |
businessoffashion.com | Liz Flora
Now in its third year, the Fashion Trust US Awards recognized a new set of up-and-coming designers on Apr. 8. Rachel Scott, the designer for crochet-focused Diotima, took home the 2025 ready-to-wear award at the celebrity-filled Los Angeles ceremony. The award for accessories went to Dani Griffiths of Clyde, a brand especially known for hatwear. Skiwear-inspired Patrick Taylor won the graduate award, while Rebecca Zeijdel-Paz of Caribbean-influenced fine jewellery brand Beck won the jewellery award.
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2 weeks ago |
businessoffashion.com | Liz Flora
With US President Donald Trump’s “liberation day” tariffs now in effect, the beauty world has spent the last week in frantic preparation. Brands have been negotiating with both suppliers and retailers on prices, CEOs are evaluating their entire budgets line by line and investors are pulling term sheets, executives and founders told The Business of Beauty. The Apr.
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Trump's tariffs have awakened Canadian consumer nationalism: https://t.co/mQWASBUuBr
Trump’s fragrance is set up as a licensing deal, which is normal for celeb fragrances, but the company paying him is an LLC with the owner obscured — which is not. Beauty companies generally like to show off celeb partnerships: https://t.co/YliWGvsrDz
From Gwyneth to Erewhon smoothies, the influencer wellness world has brought raw milk from the crunchy fringe to bougie mainstream. Now as raw milk has tested positive for bird flu, devotees are defiantly drinking recalled milk: https://t.co/2VTUjEsFC2
