.png?width=456&height=312&name=logo-vert-traub%20(2).png "logo-vert-traub (2)"){kind=logo}
This week, Sephora announces plans to redesign entire store fleet, designer-backed restaurants offer a literal taste of luxury, and more.
RETAIL NEWS
British Brands Are Dreaming Big in America
Hard times at home are driving British brands to seek their fortune in the fashion-hungry U.S. market, despite the threat of tariffs under President-elect Donald Trump.
As Luxury Struggles, More Accessible Handbag Lines Are Finding Success
The handbag category has softened over recent years as economic pressures and other factors have sparked large price increases among luxury brands and have caused customers to cut back on spending. Despite the challenges of the category, industry experts are seeing a bright spot in the market: contemporary handbag brands.
Why Some Luxury Houses Are Driving Double-Digit Growth
But amid these trials, an elite group of luxury maisons are not just weathering the storm—they're thriving and achieving double-digit growth. How? By combining brand desirability with operational excellence. A newly published Accenture report, Luxe Eternal: How Luxury Brands Are Reinventing For Success, does a great job of explaining what this means in practice.
Macy’s Is Closing 66 Stores in 2025 — Here’s the List, Live Updates
The downsizing plan calls for shuttering a total of about 150 Macy's sites through 2026, including mostly department stores and a handful of home and Backstage off-price stores.
Capri Holdings Has Pitched Prada To Acquire Versace
Prada is among the potential investors who could be evaluating a purchase of Versace, Italian daily Il Sole 24 Ore reported Friday citing market speculation.
China’s Youngor Group Acquires Bonpoint
The Chinese fashion conglomerate has purchased the French luxury childrenswear brand from private investment firm EPI.
Unconventional Experiential Retail Strategies
In today’s rapidly evolving retail landscape, consumers are increasingly prioritizing experiences over products. This shift, coupled with tighter discretionary spending, demands that brands rethink their experiential retail strategies. This trend forces brands to think beyond physical locations and consider how they can engage with customers at the heart of their activities. Redefined retail is offering relevant products and services in the context of where customers gather. To stay in the game, retailers and brands need to align with the cultural and experiential moments that define their customers, from the sidelines of sports arenas and glitz of concert venues to bustling airport terminals. The traditional store has been transformed into site-specific marketplaces where consumers are in the mood to buy.
Brunello Cucinelli Sees Robust Growth in Coming Years Despite Luxury Slowdown
The company said it benefits from ultra-high net worth clients, who continued to indulge in luxury shopping even as a tough macroeconomic environment hit less affluent customers.
‘Luxury no longer means quality’: Consumers weigh in on the slowdown
Vogue Business surveyed almost 1,000 consumers about how their luxury spending habits have changed and how brands can better meet their needs amid the market slowdown.
Luxury Sector Is Coming Off a Period of Strong Growth
The luxury sector faces a significant slowdown this year as its growth-driving engines have stalled, especially in China, according to according to The State of Luxury report by McKinsey & Co and The Business of Fashion.
Forty Years On, Tommy Hilfiger Still Brings The Rock ‘N Roll
Calvin Klein and Tommy Hilfiger are very different but are about the same size and under owner PVH Hilfiger said they are looking to grow into global lifestyle brands.
With China in the Doldrums, U.S. Will Fuel Luxury Goods Sales in 2025
According to a Barclays report, Americans are expected to spend more on luxury goods this year, buoyed by the promise of tax cuts and a "better wealth effect" following the election of Donald Trump as president.
CEO Tony Spring on What Macy's Inc.'s 'Bold New Chapter' Aims to Fix
The retailer said another 75 Macy's department stores will receive increased product and service investments in 2025 in addition to the 50 stores that have already been beefed up.
From Runway to Reservation: Designers Go All-In on Fine Dining
Whether it’s Louis Vuitton’s logo-stamped sandwiches or Armani’s steak tartare, designer-backed restaurants offer a literal taste of luxury.
BEAUTY NEWS
Consumer Behavior Trends Indicate Beauty and Wellness Will Remain a Priority in 2025
As shoppers settle into the new year, a new study from Bread Financial, the tech-forward financial company, and Ulta Beauty looked to gain insights into how consumers are thinking about beauty and wellness spending. Consumers will continue to embrace self care and personal expression within daily beauty and wellness routines in 2025.
7 Beauty Trends Poised to Take Over 2025
To prepare for this year, we consulted the most plugged-in beauty experts for their predictions on 2025's buzziest trends, from growing interest in scalp care to a new self-care trend evolving out of the "anti-wellness" phenomenon.
Skincare Trends Soaring—And Sinking—In 2025
As we look ahead to how the skincare category will evolve this year, we checked in with 44 beauty brand founders and executives. For the latest edition of our ongoing series posing questions relevant to indie beauty, we asked them: What skincare trends do you see rising in 2025? What 2024 skincare trends do you think will be over in 2025?
Charlotte Tilbury Comes For Her Copycats
The makeup artist and mogul is taking aim at rampant “dupes” of her best-selling products with a campaign called “Legendary. For A Reason.”
Why ‘Cutesy’ Makeup Brands Are Having a Moment
Data from Mintoiro shows ultra-colorful and quirky makeup brands — like Korea's Fwee and China's Flower Knows — are trending on Instagram alongside celebrity-helmed favorites like Rare and R.e.m. Beauty.
Sisley to Launch Its First Dermocosmetic Product
Sensitive Skin Soothing Care raises tolerance thresholds, allowing people to expand their beauty routines, according to the French prestige brand.
The Latest Beauty Executive Moves at Elemis, Amika and More
Supergoop and Amika have both made recent CMO appointments, while Elemis has a new North America president.
Big Beauty Brands Embrace AI Skin Analysis
Beiersdorf, Clarins and L’Oréal are among the beauty companies betting big on the technology as AI mania continues and its capabilities grow.
Sephora to redesign entire store fleet
The changes range from minor updates to overhauls, as the beauty company embarks on the largest capital project in its history.
Estée Lauder Introduces ‘In Great Taste’ Collection with Ladurée
Estée Lauder has teamed with Ladurée, a limited-edition makeup collection inspired by the luxurious scents, colors and textures of the French manufacturer of high-end pastries to create an enchanting world that redefines the essence of beauty and romance ahead of Valentine’s Day. From a lip oil trio reminiscent of Ladurée’s tea boxes to a lipstick collection in precious packaging and a satin eyeshadow palette, each adds a whimsical elegance that creates a timeless keepsake.
The CEO of e.l.f. Beauty on Maintaining a Startup Culture While Scaling
Even as it has become a major player in the beauty industry, e.l.f. continues to operate like a startup, driven by its vision, mission, and values, acting as one nonhierarchical, passionate, high-performance team, and constantly exploring how to move further and faster than the competition.
Beauty Specialty Retail’s Gen Alpha Attack Plan
The stakes couldn't be higher for beauty specialty retailers vying to win over the next generation of beauty shoppers. Look at department stores as a cautionary tale: Their failure to capture younger consumers years ago caused their beauty market share to plunge and helped the rise of beauty specialty retail, which has to strategize today to stay relevant tomorrow.
COMINGS & GOINGS
- Authentic Brands Group Names Wynn Resorts CEO as Its New President WWD
- Messika Has Named a Chief Brand Officer WWD
- Alexandre Assouline Named President of Assouline WWD
- Filson Names Eddie Bauer Chief Tim Bantle President SGB Media
- Founding designers Jack McCollough & Lazaro Hernandez Are Leaving Proenza Schouler Vogue
- Ronald S. Lauder Retires From Estée Lauder Board WWD
