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.
The long-term partnership between the European e-commerce platform and LVMH-owned beauty retailer will launch in Germany in the fourth quarter and extend to other European countries in 2022, Zalando said Tuesday. No financial details were disclosed.
The tie-up between the two retail giants is a significant boost to Zalando’s beauty offering, signalling its ambitions in the space. Meanwhile, it gives Sephora access to Zalando’s 42 million active customers.
Excitement for its IPO is building, but in order to realise its ambitions, more acquisitions and operational expenses might be required.
In an increasingly crowded space, makeup brands that prioritise natural ingredients are finding new ways to get their message across.
Shana Randhava, Priya Venkatesh, Heela Yang and Robin Tsai will join Imran Amed and Priya Rao to identify the entrepreneurs shaping the future of the beauty industry.
By selling existing formulas under their own name, retailers can tap into the lucrative beauty market without investing in custom formulations. But that doesn’t mean the private label model is an easy win.