The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Paul Marciano Resigns From Guess After #MeToo Investigation (Racked)
"Paul Marciano has stepped down as executive chair of the company's board following am investigation into sexual misconduct claims against him. He will remain a board member through January 30, 2019, when his contract expires."
New Links Between Harvey Weinstein and Marchesa, His Wife's Fashion Label (The Daily Beast)
"In public database business report, Weinstein is listed as a 'president' and 'officer' of SeaMarch Creations Inc. In addition to being linked in the 2015 court filing, SeaMarch and Marchesa appear to have occupied the same New York City address."
What Effect Does the Beauty Industry Have on the Environment? (i-D)
"Beauty pollution is worse than ever, with the global industry creating 120 billion units of packaging every year, most of which isn't recyclable. Although Europe (along with India, South Korea and New Zealand) has completely banned cosmetics tested on animals, it still occurs in America, and China refuses to sell beauty products if they haven't been tested on animals first."
Amazon Slammed for Destroying As-New and Returned Goods (Fortune)
"A report claims some items were destroyed after being in Amazon's warehouse for a day, and cites Amazon employees as saying they have 'destroyed goods worth tens of thousands of euros on a daily basis.' Manufacturers and vendors sometimes also ask Amazon to destroy goods on their behalf."
Landing a retail partnership is often seen as a major milestone for beauty founders — but it brings a bevy of new challenges, from the logistical complexities to setting a marketing budget. Black entrepreneurs, who typically have far less capital to work with, often face tough choices.
The firm has been working on a listing since at least 2022, with previous attempts buffeted by volatile markets.
In a three-part series, The Business of Beauty explores how Black founders Monique Rodriguez, Danessa Myricks and more built, launched and scaled their multi-million-dollar businesses. In part one, a look at how these entrepreneurs found their niche and harnessed early lessons that were critical to their growth
There’s something both innocent and concerning about 13-year-olds’ obsession with skincare. Kids will always want to find new ways to express themselves, but the beauty industry has a responsibility to protect its youngest customers.