Estée Lauder Tempers Sales View Despite US, China Recovery
The company also beat Wall Street targets for third-quarter results, hinting at a recovery in demand for beauty and cosmetic products in the US after a long bout of inflation.
Production
The BoF Podcast | Pat Boguslawski Is the Secret Weapon Behind John Galliano’s Fashion Drama
Pat Boguslawski, the model whisperer responsible for the seductive theatricality of Galliano’s Margiela shows, talks to Tim Blanks.
The BoF Podcast | Es Devlin on Collaboration, Creativity and Stage Craft
The pioneering set designer speaks to BoF founder and editor-in-chief Imran Amed about how she’s set the stage for some of fashion’s most talked-about immersive experiences.
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The News in Brief
Mulberry’s Full-Year Sales Fall 4%
The British brand’s share price, which has fallen by almost 60 percent this year, declined by a further 4.5 percent in early trading on Wednesday
Report: Space NK Owners Hired Bankers to Explore Sale
Manzanita Capital has selected the investment bank Raymond James to conduct a sale of the premium British beauty retailer, per Sky News.
Next Sales Rise as Inflation Pressures Ease, Maintains Forecast
The British fashion and homewares company said Wednesday that full price sales climbed 5.7 percent in the first quarter, which was slightly ahead of an expected 5 percent rise.
Rabanne Owner Puig, Shareholders Raise €2.6 Billion in IPO
The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings.
Bella Hadid Launches Fragrance Line
The line, Orebella, launches on May 2 with a selection of three perfumes.
TikTok Shop Tops 500,000 US Sellers After 2023 E-Commerce Launch
E-commerce is seen by the company as its next big potential revenue source as well as a way to keep users spending time and money on its app.
Tapestry-Capri Deal to Face September Hearing
The preliminary injunction hearing on the US Federal Trade Commission’s bid to block Tapestry’s attempted takeover of rival Capri will likely last a week and a half, the judge said.