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Business of Fashion
Novo Nordisk A/S is launching its top-selling Wegovy obesity drug in China at a fraction of the US price, a key step in unlocking a big, fast-growing market for its blockbuster franchise. Initial prescriptions for the drug are expected to be issued in Shanghai this week, Yicai news service reported Monday. Wegovy is also listed...
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Designer Phillip Lim is stepping down as creative director of 3.1 Phillip Lim, the New York-based contemporary brand he co-founded in 2005 alongside chief executive Wen Zhou, who will take sole control of the brand. “As the brand moves into a new chapter, we are so proud of what we have built and the strength...
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Simon Porte Jacquemus, the charismatic French designer known for his sun-soaked, pop minimalist aesthetic, is seeking a minority investor to support his brand’s expansion, the company confirmed Thursday. In a luxury market dominated by corporate mega-brands, the designer has decided he needs additional funding to take his business to the next level, notably by opening...
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Discover the most relevant industry news and insights for fashion PR & communications professionals, updated each month to enable you to excel in job interviews, promotion conversations or perform better in the workplace by increasing your market awareness and emulating market leaders. BoF Careers distils business intelligence from across the breadth of our content —...
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Global luxury bellwether LVMH, whose portfolio spans Louis Vuitton and Dior fashion and accessories, Tiffany & Co jewellery and Sephora cosmetics, reports third-quarter revenue on Tuesday. Global sales of personal high-end goods – spanning clothing, accessories and beauty products – this year will be between flat and 4 percent higher year-on-year, at constant rates, the...
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On Friday September 27, 100 new members will be inducted into The BoF 500 — the definitive index of the people shaping the global fashion industry. To mark the occasion we profiled five inspiring members of this talented community who have achieved global success on the business and creative sides of the fashion industry, as...
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On Thursday, the British Fashion Council (BFC) announced that CEO Caroline Rush will step down from her position from June 2025, ending a 16-year run. The search for her successor will begin immediately, led by management consultancy Egon Zehnder. In the meantime, Rush will continue to lead the organisation. The executive joined the BFC in...
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Sephora has announced its succession plan for the chief financial officer role in its US business. Delphine Herve, who joined Sephora in 2014 and is currently the beauty retailer’s senior vice president, finance and analysis, is set to move into the position in April 2025. Le Boterff joined Sephora in 2017, and will remain in...
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Welcome back to Haul of Fame, your must-read beauty roundup for new products, new ideas and a wild HR update. Included in today’s issue: Act+ Acre, Charlotte Tilbury, Féria, Glossier, Kylie Skin, Loops, Lys Beauty, MAC, Morphe, Oribe, Ouai, QiQi, RMS, The Hair Shop, and Kate Beckinsale’s stealth beauty influence. But first… I’ve been judging...
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American Eagle’s marketing team has a simple checklist when it comes to collections with celebrity partners: limited edition, a tight product range and precisely timed to a major event, like a movie premiere. The brand’s latest launch — a tie-up with tennis star Coco Gauff that features denim corsets and skirts — was released this...
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