Shiseido Co., once a formidable challenger to L’Oréal SA, and Estée Lauder Companies Inc., is navigating its biggest challenge in decades, hurt by a costly …
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Tough
The Best of BoF 2025: A Tough Year for Luxury
It’s been a difficult year for luxury fashion sales. Tough economic trends haven’t helped, but the core issues run deeper. As Yohji Yamamoto told Imran …
How Black Beauty’s Class of 2020 Is Navigating a Tough Market
It’s a striking statement in 2025’s troubled beauty landscape: “This has been our best year yet,” said dermatologist and beauty founder Rose Ingleton of her …
Tough Choices for Armani’s Heirs
Dear BoF Community, Even though the fashion month season is well underway in New York, industry attention has still been focused on the news of …
Giorgio Armani Posts 24% Profit Drop in Tough 2024, Steps Up Investments
Italian fashion house Giorgio Armani said on Wednesday its core profit dropped 24 percent last year hit by declining revenues and a slight increase in …
Swiss Watch Industry Sees Tough Times Ahead Over Trump Tariffs
Swiss watch seller Sacha Davidoff was scrambling on Thursday to understand what new US tariffs on Switzerland announced by President Donald Trump meant for the …
How Female Founders Are Courting Investors in a Tough Climate
When Julie Bornstein set out in 2017 to raise funds for her women’s fashion retail app, The Yes, she knew exactly which investor she wanted …
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Associated British Foods Plc cut guidance for sales growth at its Primark discount fashion retailer, blaming weak UK consumer sentiment. The British conglomerate, which also …
The Best of BoF 2024: Fashion Adapts to a Tough Reality
For retail operators, it’s been a tough 12 months. Years of sticker shock have pushed shoppers to be discerning — some would say fickle. Freight …
L Catterton: Finding Value in a Tough Market
Opens in new window How consumers spend their money is a topic Nikhil Thukral and L Catterton watch closely. The large, consumer-focused private equity fund, …
Asos Battling for Turnaround in Tough Market
Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce Co grew 68 percent in 2023, hitting €7.684 billion ($8.36 billion), according to annual results published on …
Cucinelli Stock Slide Hints at Tough Results Season
Markets’ downbeat reaction to Brunello Cucinelli SpA’s solid second-quarter earnings is an ominous sign for Europe’s luxury goods companies, which likely face a tough slog …
Dr Martens Shares Plunge as Tough Outlook Sets Challenge for New CEO
Dr Martens shares plunged around 30 percent on Tuesday to a record low after the British boot maker warned of another tough year in its …
Generative AI Is Proving a Tough Sell to Fashion’s Next Generation
Maxime Touze Black’s instructors at London’s Central Saint Martin initially expressed hesitation when he used artificial intelligence to create the designs for his final collection. …
Why Some Brands Are Thriving in a Tough Economy – and Others Aren’t
Consumers are getting pickier about where they shop as inflation and a cooling economy take their toll. Some of the biggest names in fashion and …
India’s Textile Industry Faces Tough Times as Consumers Cut Spending
India’s $200 billion textile and apparel industry is facing a crisis as consumers in the United States, Europe and other big markets have cut spending on clothing …
Heading Into London Fashion Week, Brands Have Some Tough Calls to Make
This week, Britain’s fashion industry has some tough calls to make. The country is in mourning following the death of Queen Elizabeth II, the only …
Boohoo Sees Tough Year Ahead as Profit Falls 28%
British online fashion retailer Boohoo reported a 28 percent fall in annual core earnings that reflected significant freight and logistics cost inflation and warned that …