Rhode, the skincare brand founded by Hailey Bieber in 2022, has announced its upcoming debut in Sephora stores across the U.S. and Canada this fall.
Business
In-depth analysis of the business, strategy, and economics shaping the global fashion and luxury industries. Covering conglomerates, market trends, startups, retail strategy, and the people driving the business of fashion.
On May 22, Ralph Lauren reported its fourth-quarter results for fiscal year 2025, surpassing market expectations for both revenue and profit.
On May 20, Levi Strauss & Co. announced that it has entered into a definitive agreement to sell its Dockers brand to Authentic Brands Group.
Soho House, the exclusive members’ club that brings together creative professionals from around the world, is set to open its first Japan location in Minami Aoyama, Tokyo, in early 2026.
In the world of high fashion, the phrase “Made in Italy” has long stood as a hallmark of craftsmanship, quality, and above all, trust. But beneath that prestigious label, cracks are beginning to show.
On May 15, U.S. sports retail giant DICK’S Sporting Goods announced that it will acquire Foot Locker, a brand synonymous with sneaker culture.
On May 14, German luxury e-commerce company Mytheresa announced its financial results for the third quarter of fiscal year 2025, ended March 31, revealing solid growth in both sales and profitability.
On May 14, British luxury brand Burberry announced its financial results for the fiscal year ending March 2025, reporting a 17% year-on-year drop in revenue to £2.461 billion and an operating loss of £3 million.
On May 13, Bloomberg reported that De Beers, the world’s leading luxury diamond supplier, has been secretly selling rough diamonds to a limited group of clients at a 10–20% discount.
On May 12, U.S. consumer goods giant Church & Dwight announced it had signed a definitive agreement to acquire Touchland, a rapidly growing brand in the hand sanitizer market.