Joan Kennedy
Editorial Associate

Joan Kennedy is Editorial Associate at The Business of Fashion (BoF). She is based in New York and covers beauty and marketing. She has a bachelors in English and Philosophy with high honours from Boston College.

The News in Brief

Despite macroeconomic conditions that challenged players across the luxury industry, sales for Milan-based OTB Group rose 10.2 percent year-over-year to €1.9 billion ($2 billion) in the financial year 2023, ended Dec. 31.

The Council of Fashion Designers of America and Vogue presented New York-based German designer Melitta Baumeister, known for her innovative, often voluptuous silhouettes, with the 2023 CFDA/Vogue Fashion Fund Award.

In a statement ahead of its third quarter earnings call on Oct. 3, Oddity Tech — the parent of makeup brand Il Makiage and skin care line Spoiled Child, which started trading on the Nasdaq in July — said it expects revenue for the third quarter ended Sept. 30 to rise 29 to 31 percent year-over-year, up from initial guidance of 18 to 23 percent.

Chief content officer Kate Lewis is departing Hearst Magazines after 10 years at the company. Lucy Kaylin, most recently senior vice president of content, has been promoted to editorial director. Kaylin will report to chief executive Steven R. Swartz and president Debi Chirichella.

The New York-based parent of CoverGirl and Kylie Cosmetics made its debut on the Paris Stock Exchange today, offering 33 million common shares at €10.28 ($10.80).

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