Salomon President and CEO Franco Fogliato Steps Down
Salomon chief executive Franco Fogliato will depart the brand effective immediately due to personal reasons, parent company Amer Sports said Friday.
The move comes as Coty, which saw its sales increase 12 percent year-over-year, is doubling down on skin care to build on more positive momentum for the conglomerate.
Jessica Simpson, Sean Combs and other early-aughts superstars turned moguls are itching for a comeback. But much has changed about the celebrity fashion business.
The Roman brand is chasing renewed buzz, following up its Versace partnership after just a month.
While details of Kim Kardashian West’s cosmetics rebrand have yet to be unveiled, her coming entrance into skin care, and bringing each of her beauty categories under one umbrella, underscores prevailing trends in the industry.
This week, everyone will be talking about an all-digital Pitti Uomo, tightening lockdowns worldwide and the potential divorce of Kim Kardashian and Kanye West. Get your BoF Professional Cheat Sheet.
Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US.
Investors are pinning their hopes on a 2021 recovery, but a worsening Covid-19 situation in the US and glum forecasts from the Federal Reserve indicate it won't be an easy path.
This week, brands and retailers made a series of grim announcements as lingering hopes for a V-shaped recovery from the Covid-19 crisis evaporated.
This week Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.
The $200 million deal values West's cosmetics company at $1 billion.
Kim Kardashian West’s partner for her beauty line won a court order temporarily blocking the reality TV star from sharing trade secrets in their agreement as she pursues a stake sale to rival Coty Inc.
Beauty firms have seen skincare sales soar during lockdown while consumer interest in makeup declined.
Salomon chief executive Franco Fogliato will depart the brand effective immediately due to personal reasons, parent company Amer Sports said Friday.
The Indian unit of Unilever Plc is battling a slowing rate of growth in revenue and profits while its share price is lagging.
The stock surged as much as 226 percent in intraday trading Thursday after the company reported fourth-quarter revenue and adjusted earnings that beat Wall Street expectations.
Health officials in Tennessee and Illinois this week said they were investigating cases of botulism-like illnesses that appeared connected to Botox injections received in a non-medical setting.
The brand is hoping that Olympians breaking records in Nike gear could help push more shoppers to the label, which has seen slowed sales growth.
Saint Laurent Productions announced it had co-produced three films chosen for the 77th Cannes Film Festival’s official selection in May.
Advertising executive Blake Harrop is set to join Louis Vuitton as executive vice president, image and communications, according to an internal announcement seen by BoF.
Creators including Batsheva, Harbison Studio and Don’t Let Disco were honoured by the US off-shoot of Fashion Trust Arabia, a non-profit that supports emerging designers.