Can Kering Get Back on Track?

Valentino Sales Fell 3% in 2023; Luxury Brands Stumble In Race to Conquer Beauty ~/AAAHagA~/RgRoCxjPP0SLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fY29udGVudD1ib2ZfbG9nb1cFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ ADVERTISEMENT ~/AAAHagA~/RgRoCxjPP0QWaHR0cHM6Ly9ib2YudG8vM3h6Q2xRQ1cFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, APRIL 24, 2024 - Kering’s first-half profits are [likely to drop by 40 to 45 percent.](~/AAAHagA~/RgRoCxjPP0TGaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2x1eHVyeS9rZXJpbmctcHJvZml0cy10by1wbHVtbWV0LTQwLTQ1LWluLWZpcnN0LWhhbGYvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV9jb250ZW50PWludHJvVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) The group [needs a far more drastic overhaul](~/AAAHagA~/RgRoCxjPP0SyaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L2Nhbi1rZXJpbmctdHVybi10aGluZ3MtYXJvdW5kLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) than it has planned, say investors, former insiders and observers. - [Valentino’s revenues fell 3 percent](~/AAAHagA~/RgRoCxjPP0S-aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L3ZhbGVudGlub3MtZnVsbC15ZWFyLXNhbGVzLWZhbGwtMy1wZXJjZW50Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) in 2023, helping to explain the decision to shake up its aesthetic by hiring Alessandro Michele. - Celebrity-favourite accessories brand JW Pei is [banking on AI-assisted design](~/AAAHagA~/RgRoCxjPP0S_aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2VudHJlcHJlbmV1cnNoaXAvaW5zaWRlLWp3LXBlaXMtMjAyNC1zdHJhdGVneS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~)to grow. - Luxury fashion brands [can’t rely on name recognition and brand equity alone](~/AAAHagA~/RgRoCxjPP0TOaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2JlYXV0eS9sdXh1cnktYnJhbmRzLXN0dW1ibGUtaW4tdGhlaXItcmFjZS10by1jb25xdWVyLWJlYXV0eS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) when luring today’s beauty shopper. - [Better Cotton will expand its due diligence](~/AAAHagA~/RgRoCxjPP0TYaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3Mvc3VzdGFpbmFiaWxpdHkvYmV0dGVyLWNvdHRvbi1icmF6aWwtZGVmb3Jlc3RhdGlvbi1lYXJ0aHNpZ2h0LWludmVzdGlnYXRpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV9jb250ZW50PWludHJvVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) requirements after a deforestation investigation in Brazil. TOP STORIES [LUXURY](~/AAAHagA~/RgRoCxjPP0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9sdXh1cnk_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09NEVVSExZSE1IRkJDSEo3TkpQWlNNT1BSTlUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfdG9waWNXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Kering Profits to Plummet 40-45% in First Half](~/AAAHagA~/RgRoCxjPP0T2aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2x1eHVyeS9rZXJpbmctcHJvZml0cy10by1wbHVtbWV0LTQwLTQ1LWluLWZpcnN0LWhhbGYvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV90ZXJtPTRFVUhMWUhNSEZCQ0hKN05KUFpTTU9QUk5VJnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX3RpdGxlVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) By Robert Williams ~/AAAHagA~/RgRoCxjPP0T2aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2x1eHVyeS9rZXJpbmctcHJvZml0cy10by1wbHVtbWV0LTQwLTQ1LWluLWZpcnN0LWhhbGYvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV90ZXJtPTRFVUhMWUhNSEZCQ0hKN05KUFpTTU9QUk5VJnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2ltYWdlVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk [The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.](~/AAAHagA~/RgRoCxjPP0T0aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2x1eHVyeS9rZXJpbmctcHJvZml0cy10by1wbHVtbWV0LTQwLTQ1LWluLWZpcnN0LWhhbGYvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV90ZXJtPTRFVUhMWUhNSEZCQ0hKN05KUFpTTU9QUk5VJnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2Rla1cFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [READ MORE](~/AAAHagA~/RgRoCxjPP0T0aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2x1eHVyeS9rZXJpbmctcHJvZml0cy10by1wbHVtbWV0LTQwLTQ1LWluLWZpcnN0LWhhbGYvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV90ZXJtPTRFVUhMWUhNSEZCQ0hKN05KUFpTTU9QUk5VJnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2N0YVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [LUXURY](~/AAAHagA~/RgRoCxjPP0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9sdXh1cnk_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09WUZDTzRaS1QySkdDVE9HQTdMWjVXTU5FQkkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfdG9waWNXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Can Kering Turn Things Around?](~/AAAHagA~/RgRoCxjPP0TiaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L2Nhbi1rZXJpbmctdHVybi10aGluZ3MtYXJvdW5kLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1ZRkNPNFpLVDJKR0NUT0dBN0xaNVdNTkVCSSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl90aXRsZVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) By Bloomberg ~/AAAHagA~/RgRoCxjPP0TiaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L2Nhbi1rZXJpbmctdHVybi10aGluZ3MtYXJvdW5kLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1ZRkNPNFpLVDJKR0NUT0dBN0xaNVdNTkVCSSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl9pbWFnZVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ [As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.](~/AAAHagA~/RgRoCxjPP0TgaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L2Nhbi1rZXJpbmctdHVybi10aGluZ3MtYXJvdW5kLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1ZRkNPNFpLVDJKR0NUT0dBN0xaNVdNTkVCSSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl9kZWtXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [READ MORE](~/AAAHagA~/RgRoCxjPP0TgaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L2Nhbi1rZXJpbmctdHVybi10aGluZ3MtYXJvdW5kLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1ZRkNPNFpLVDJKR0NUT0dBN0xaNVdNTkVCSSZ1dG1fY29udGVudD10b3Bfc3RvcnlfMl9jdGFXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [LUXURY](~/AAAHagA~/RgRoCxjPP0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9sdXh1cnk_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09UkxFSkg0TVhBVkFERklBVURNMkVLR0FZVFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzNfdG9waWNXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Valentino’s Full-Year Sales Fall 3 Percent](~/AAAHagA~/RgRoCxjPP0TuaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L3ZhbGVudGlub3MtZnVsbC15ZWFyLXNhbGVzLWZhbGwtMy1wZXJjZW50Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1STEVKSDRNWEFWQURGSUFVRE0yRUtHQVlUVSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM190aXRsZVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) By Robert Williams ~/AAAHagA~/RgRoCxjPP0TuaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L3ZhbGVudGlub3MtZnVsbC15ZWFyLXNhbGVzLWZhbGwtMy1wZXJjZW50Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1STEVKSDRNWEFWQURGSUFVRE0yRUtHQVlUVSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19pbWFnZVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ [The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.](~/AAAHagA~/RgRoCxjPP0TsaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L3ZhbGVudGlub3MtZnVsbC15ZWFyLXNhbGVzLWZhbGwtMy1wZXJjZW50Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1STEVKSDRNWEFWQURGSUFVRE0yRUtHQVlUVSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19kZWtXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [READ MORE](~/AAAHagA~/RgRoCxjPP0TsaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L3ZhbGVudGlub3MtZnVsbC15ZWFyLXNhbGVzLWZhbGwtMy1wZXJjZW50Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1STEVKSDRNWEFWQURGSUFVRE0yRUtHQVlUVSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19jdGFXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) ~/AAAHagA~/RgRoCxjPP0TsaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L3ZhbGVudGlub3MtZnVsbC15ZWFyLXNhbGVzLWZhbGwtMy1wZXJjZW50Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1STEVKSDRNWEFWQURGSUFVRE0yRUtHQVlUVSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19jdGFXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~ [ENTREPRENEURSHIP](~/AAAHagA~/RgRoCxjPP0TPaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9lbnRyZXByZW5ldXJzaGlwP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV90ZXJtPUdKMldWMzUyUTVEM1pCTFlKVEFaQk5RVVNBJnV0bV9jb250ZW50PXRvcF9zdG9yeV80X3RvcGljVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [JW Pei’s Bags Are a Hit With Celebrities. Can They Catch on With Everyone Else?](~/AAAHagA~/RgRoCxjPP0TvaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2VudHJlcHJlbmV1cnNoaXAvaW5zaWRlLWp3LXBlaXMtMjAyNC1zdHJhdGVneS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09R0oyV1YzNTJRNUQzWkJMWUpUQVpCTlFVU0EmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzRfdGl0bGVXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Yola Mzizi [The Los Angeles-based accessories label has been a well-kept secret in the industry, but founders Yang Pei and Stephanie Li are hoping to change that through new acquisitions, opening brick-and-mortar stores and using AI to speed up the design and production process.](~/AAAHagA~/RgRoCxjPP0TtaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2VudHJlcHJlbmV1cnNoaXAvaW5zaWRlLWp3LXBlaXMtMjAyNC1zdHJhdGVneS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09R0oyV1YzNTJRNUQzWkJMWUpUQVpCTlFVU0EmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzRfZGVrVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRoCxjPP0TtaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2VudHJlcHJlbmV1cnNoaXAvaW5zaWRlLWp3LXBlaXMtMjAyNC1zdHJhdGVneS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09R0oyV1YzNTJRNUQzWkJMWUpUQVpCTlFVU0EmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzRfY3RhVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [BEAUTY](~/AAAHagA~/RgRoCxjPP0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9iZWF1dHk_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09MlpZRlRWRFk1Vkc0RkNZRVBZUVdPRjZQNEUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzVfdG9waWNXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Luxury Brands Stumble In Their Race to Conquer Beauty](~/AAAHagA~/RgRoCxjPP0T-aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2JlYXV0eS9sdXh1cnktYnJhbmRzLXN0dW1ibGUtaW4tdGhlaXItcmFjZS10by1jb25xdWVyLWJlYXV0eS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09MlpZRlRWRFk1Vkc0RkNZRVBZUVdPRjZQNEUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzVfdGl0bGVXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Celia Ellenberg [Prestige makeup is fashion’s category expansion du jour. But even the market’s most powerful players could learn a thing or two from its celebrity-backed competition.](~/AAAHagA~/RgRoCxjPP0T8aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2JlYXV0eS9sdXh1cnktYnJhbmRzLXN0dW1ibGUtaW4tdGhlaXItcmFjZS10by1jb25xdWVyLWJlYXV0eS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09MlpZRlRWRFk1Vkc0RkNZRVBZUVdPRjZQNEUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzVfZGVrVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRoCxjPP0T8aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL2JlYXV0eS9sdXh1cnktYnJhbmRzLXN0dW1ibGUtaW4tdGhlaXItcmFjZS10by1jb25xdWVyLWJlYXV0eS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09MlpZRlRWRFk1Vkc0RkNZRVBZUVdPRjZQNEUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzVfY3RhVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [SUSTAINABILITY](~/AAAHagA~/RgRoCxjPP0TNaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9zdXN0YWluYWJpbGl0eT91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1QVU8yUllYVllaQUVKTUdESVJJSEhGWkFMWSZ1dG1fY29udGVudD10b3Bfc3RvcnlfNl90b3BpY1cFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [Better Cotton to Expand Due Diligence After Brazil Deforestation Investigation](~/AAAHagA~/RgRoCxjPP4QIAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9uZXdzL3N1c3RhaW5hYmlsaXR5L2JldHRlci1jb3R0b24tYnJhemlsLWRlZm9yZXN0YXRpb24tZWFydGhzaWdodC1pbnZlc3RpZ2F0aW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1QVU8yUllYVllaQUVKTUdESVJJSEhGWkFMWSZ1dG1fY29udGVudD10b3Bfc3RvcnlfNl90aXRsZVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) By Sarah Kent [Fashion’s biggest sustainable cotton certifier said it found no evidence of non-compliance at farms covered by its standard, but acknowledged weaknesses in its monitoring approach.](~/AAAHagA~/RgRoCxjPP4QGAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9uZXdzL3N1c3RhaW5hYmlsaXR5L2JldHRlci1jb3R0b24tYnJhemlsLWRlZm9yZXN0YXRpb24tZWFydGhzaWdodC1pbnZlc3RpZ2F0aW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1QVU8yUllYVllaQUVKTUdESVJJSEhGWkFMWSZ1dG1fY29udGVudD10b3Bfc3RvcnlfNl9kZWtXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [READ MORE](~/AAAHagA~/RgRoCxjPP4QGAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9uZXdzL3N1c3RhaW5hYmlsaXR5L2JldHRlci1jb3R0b24tYnJhemlsLWRlZm9yZXN0YXRpb24tZWFydGhzaWdodC1pbnZlc3RpZ2F0aW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzI0MDQyNCZ1dG1fdGVybT1QVU8yUllYVllaQUVKTUdESVJJSEhGWkFMWSZ1dG1fY29udGVudD10b3Bfc3RvcnlfNl9jdGFXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Op-Ed | Tapestry-Capri and Pricey Purses Are the Wrong Targets for Trustbusters](~/AAAHagA~/RgRoCxjPP4QQAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9vcGluaW9ucy9sdXh1cnkvdGFwZXN0cnktY2FwcmktYW5kLXByaWNleS1wdXJzZXMtYXJlLXRoZS13cm9uZy10YXJnZXRzLWZvci10cnVzdGJ1c3RlcnMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV90ZXJtPUxFNU1YQkJTSEZCU0ZMQkU3QklESVYySEU0JnV0bV9jb250ZW50PXRvcF9zdG9yeV83X3RpdGxlVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) 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Procedures](~/AAAHagA~/RgRoCxjPP4QQAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9iZWF1dHkvYnV5LW5vdy1wYXktbGF0ZXItbGVuZGVyLWFmZmlybS1wdXNoZXMtaW50by1lbGVjdGl2ZS1tZWRpY2FsLXByb2NlZHVyZXMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV90ZXJtPTdGTjc1NFdDTU5GTkpPSkpET002RlVIVlRRJnV0bV9jb250ZW50PXRvcF9zdG9yeV84X3RpdGxlVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRoCxjPP4QOAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9iZWF1dHkvYnV5LW5vdy1wYXktbGF0ZXItbGVuZGVyLWFmZmlybS1wdXNoZXMtaW50by1lbGVjdGl2ZS1tZWRpY2FsLXByb2NlZHVyZXMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV90ZXJtPTdGTjc1NFdDTU5GTkpPSkpET002RlVIVlRRJnV0bV9jb250ZW50PXRvcF9zdG9yeV84X2N0YVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1](~/AAAHagA~/RgRoCxjPP0SoaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL21lbWJlcnNoaXBzL3BhY2thZ2VzP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV9jb250ZW50PWJvZnByb19tb2R1bGVfY3RhVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [START TRIAL](~/AAAHagA~/RgRoCxjPP0SoaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL21lbWJlcnNoaXBzL3BhY2thZ2VzP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMjQwNDI0JnV0bV9jb250ZW50PWJvZnByb19tb2R1bGVfY3RhVwVzcGNldUIKZh_Pkyhm3UYmFFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) NEWS BRIEFS - [LVMH Prize Names Finalists, Adds Phoebe Philo and Pharrell Williams to Jury](~/AAAHagA~/RgRoCxjPP4QJAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9uZXdzL2x1eHVyeS9sdm1oLXByaXplLW5hbWVzLWZpbmFsaXN0cy1hZGRzLXBob2ViZS1waGlsby1hbmQtcGhhcnJlbGwtd2lsbGlhbXMtdG8tanVyeS8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8yNDA0MjQmdXRtX3Rlcm09V0I3Q0U0VVk3UkVHRkFMNFJNUE9UTjJUM00mdXRtX2NvbnRlbnQ9bmV3c2JyaWVmXzFXBXNwY2V1QgpmH8-TKGbdRiYUUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) ADVERTISEMENT ~/AAAHagA~/RgRoCxjPP0QWaHR0cHM6Ly9ib2YudG8vM3ZTU1d5YVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ Thread to Success: E-commerce Insights for Fashion Brands Elevate your fashion brand's online presence with our "Thread to Success" guide. Discover data-driven insights on customer experience, omnichannel commerce, and social selling, aligned with Gen Z and Millennial shopping trends. Explore how emerging technologies like MACH architecture and AI can transform your business. Plus, learn from real-world success stories of fashion brands like White Stuff and Grenson. Gain the tools you need to thrive in the ever-evolving world of e-commerce. [LEARN MORE](~/AAAHagA~/RgRoCxjPP0QWaHR0cHM6Ly9ib2YudG8vM3ZTU1d5YVcFc3BjZXVCCmYfz5MoZt1GJhRSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. 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