PZ Cussons to Sell St Tropez, May Exit Africa
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
After a pandemic pause, the decision to stage the event at the close of New York Fashion Week may have backfired, but the real challenges facing the Met Gala go deeper than a date change.
This week, everyone will be talking about London’s emerging designers Supriya Lele, Nensi Dojaka and Harris Reed, as well as the Met Gala and On Running’s IPO.
As sponsorship opportunities dry up and red carpets are on hold for the foreseeable future, moving live events online requires more than a direct translation.
This week, everyone will be talking about the Met Gala that wasn't, big brands on bankruptcy watch and China's sluggish retail sector. Get your BoF Professional Cheat Sheet.
ADVERTISEMENT
Fashion’s biggest night is the latest event to be pushed in response to the coronavirus pandemic.
"Inside fashion’s party of the year: night of a thousand stars, stylists and a couture cheeseburger."
Gucci dominated the Met Gala's pink carpet, generating more buzz on social media than any other brand. But a single look (or in Lady Gaga's case, four looks) was enough to draw attention to some smaller designers.
The Costume Institute benefit is fashion’s biggest night, but brands have few options to up the marketing potential. Are companies missing out by not thinking beyond the red carpet?
ADVERTISEMENT
The Metropolitan Museum of Art’s large-scale, Gucci-backed show on Camp may be pushing the inherently subcultural sensibility closer to extinction, argues Eugene Rabkin.
"At the Stonewall Inn on Saturday, Vogue staff and friends started the celebration of camp early."
This week, everyone will be talking about which designers will produce viral looks at the Met Gala, Louis Vuitton's cruise show in New York and modest fashion's Ramadan moment. Read our BoF Professional Cheat Sheet.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.
The closure is part of the company's plan to raise $850 million to $1 billion and help improve its credit metrics, said chief executive officer Alejandro González.
The return of China’s travellers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy.
The intimate wellness brand completed its first institutional raise after seeing 700 percent revenue growth and is launching in Target.
The public company reported strong sales, as demand for its dermatological skincare and injectable products surged.
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour.