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Estée Lauder Companies and Puig End M&A Talks

Discussions of a merger between the beauty giants have fallen through after reports that Charlotte Tilbury was renegotiating her contract. [...]

Zara Bets on Bad Bunny Once More in Brand Expansion Push

The Puerto Rican singer wore Zara during his Super Bowl performance and at the Met Gala this year. Now, the duo is partnering to launch a 150-piece collection. [...]

Oura Files Confidentially for IPO

The maker of popular smart rings that track health, fitness and sleep filed confidentially for a US initial public offering, a source told Bloomberg. [...]

Authentic Brands to Buy Lee Denim in Up to $1 Billion Deal

The brand management firm will buy the denim label from owner Kontoor Brands for an initial $750 million payment ⁠and a potential $250 million earnout tied to future performance. [...]

What’s at Stake for Jo Malone London?

This week Priya Rao dives into one of fragrance’s biggest properties and why gourmand scents have gone bananas. [...]

Nykaa Posts 27% Profit Surge on Strong Beauty Demand

The Indian retailer posted a near-fourfold jump in quarterly profit on Thursday, aided by its rollout of celebrity labels like Kay Beauty and Fenty Beauty. [...]

Ralph Lauren Shares Jump 10% as Strong China Sales Drive Growth

CEO Patrice Louvet said the brand had an ‘exceptionally strong’ Lunar New Year with more than 50 percent sales growth in the country. [...]

Exclusive: How Victoria’s Secret Brought Sexy Back

Chief executive Hillary Super spoke to BoF about how she brought the brand back from cultural irrelevance through refocusing on its core identity — a move it’s marking by updating [...]

Lilly’s Next-Gen Weight Loss Shot Cuts Body Weight by 28% in Study

Nearly half of patients who got a high dose of Eli Lilly's experimental obesity shot retatrutide lost the equivalent weight of bariatric surgery, sending the drugmaker's shares up in premarket [...]

AI Mockups of Fake Products Raise Real Questions for Brands

AI has made it easier than ever for creators to circulate their ideas of what a brand’s next release should look like. But while these mockups help build hype, they [...]

Knowledge Report | Building Cultural Relevance on TikTok

To recapture consumer attention and inspire loyalty, brands and publishers are exploring new creative approaches on TikTok. This knowledge report examines how players in the fashion, beauty and media industries [...]

James Murdoch Buys New York Magazine

In a deal announced Wednesday, Murdoch’s media and technology holding, Lupa Systems, acquired the publication, as well as the Vox website and podcast network. [...]

E.l.f. Beauty Signals Caution Despite Rhode-Driven Growth

The US beauty conglomerate tempered its outlook for 2026, despite 25 percent growth last year led by Hailey Bieber’s beauty label Rhode. [...]

Giambattista Valli Buys Back Namesake Label From Artémis

The return to independence follows the abrupt cancelling of fashion shows earlier this year. [...]

The Debrief | Inside The Swatch x Audemars Piguet Global Frenzy

As Swatch and Audemars Piguet sparked a global retail frenzy over the weekend with a $400 plastic pocket watch, BoF’s Cathaleen Chen and Mimosa Spencer dissect whether high-low collaborations democratise [...]

Exclusive: Marquee Brands to Acquire Roberto Cavalli

The Italian brand known for its animal prints and flamboyant aesthetic will be taken over by the brand management company behind Martha Stewart. [...]

Target Doubles Growth Forecast, but Cites Caution as Consumers Remain Stretched

The $59 billion retailer has started to repel cost-conscious shoppers, and failed to attract higher-income consumers. [...]

TJX Raises Annual Forecasts as US Shoppers Hunt for Value

Lower-income consumers are increasingly shifting to discount retailers, as economic uncertainty forces them to tighten budgets. [...]

Without Its Founder, Sol de Janeiro Looks to Its Next Act

With new leadership, the Brazil-inspired body-care giant must find fresh paths for growth amid greater volatility, slowing sales and market saturation. [...]

Vogue Philippines Names Trickie Lopa Editor in Chief

Owned by Mega Global Group Inc, the licensed edition of Vogue promotes its deputy editor for art and culture to lead the publication. [...]

How ESW Is Shaping the Future of Cross-Border Commerce in Fashion

As brands face mounting complexity in international e-commerce, a system that supports global business operations is an increasingly valuable advantage. BoF sits down with Eric Eichmann, chief executive of global [...]

Report: Charlotte Tilbury Complicates Estée Lauder-Puig Merger Talks

According to Spanish newspaper Expansión, the founder of the British cosmetics brand’s desire to renegotiate her earn-out and compensation structure has stalled merger discussions. [...]

Google and Samsung Reveal Designs of Upcoming Smart Glasses

The companies are collaborating with eyewear makers Warby Parker and Gentle Monster. [...]

Chanel Returns to Growth as Blazymania Kicks In

The French giant, which returned to high single-digit growth at the end of 2025 on the wings of designer Matthieu Blazy’s brand revamp, plans to maintain elevated investment levels while [...]

Salomon Sales Spur Outlook Boost for Amer Sports

The sports company, which also owns Arc'teryx, raised its full-year guidance as its first-quarter results beat estimates, buoyed by demand for Salomon shoes. [...]

Swatch’s Audemars Piguet Collab Is Filling the Gap Sneakers Left

Audemars Piguet took a page out of the sneaker industry’s book to democratise its brand and release the most discussed product of the year so far. [...]

India’s Under-the-Radar Luxury Opportunity: Kolkata

The country’s third-largest metropolitan area may lack the retail infrastructure of Mumbai or Delhi, but its affluent consumer base is becoming harder for global luxury brands to ignore. [...]

Meet Our Finalists for The Business of Beauty Global Awards 2026

Mexico’s Productos Latina, the US’ Sarah Creal Beauty and Korea’s Borntostandout are among the 15 shortlisted brands for this year’s Global Awards in Napa Valley, California. [...]

Forging an Edge in Fashion and Sports E-Commerce

Last week, BoF and Amazon Fashion and Sports gathered industry leaders for a panel event to unpack how brands can drive attention and conversion on- and off-screen through a compelling [...]

Why Can’t Sneaker Brands Let Go of Nostalgia?

Reebok’s upcoming reissue of a mid-2000s shoe is a symptom of a bigger problem in the sneaker industry: its dependence on nostalgia. [...]

The Ordinary’s Stunts Are Getting Bolder. How Far Can They Go?

The Estée Lauder-owned skincare brand is staging immersive, local pop-ups all over the world. Its newest, in New York, may be one of its most audacious yet. [...]

Beauty Is Inherently Political. In 2026, That’s a Problem.

This week, Priya Rao goes into it all: apolitical beauty brands, Armani sale rumours, Skky Partners’ undoing and more. [...]

Why Nike’s SNKRS App Isn’t Going Anywhere

Rumblings of the dissolution of Nike’s SNKRS app popped up over the weekend following layoffs at the brand, but you shouldn’t bet on it going anywhere. [...]

BoF Professional Masterclass | The New Hype Playbook: From Drops to Stories

Watch on demand a BoF Professional Masterclass on “The New Hype Playbook: From Drops to Stories” which unpacks how brands cultivate hype through community-based storytelling, the role of hero products, [...]

The Platform That’s Critical to Success in China

RedNote’s 350 million users have helped make it a powerful force in China’s beauty market. Here’s how to stand out. [...]

What Comes After the Golden Age of Travel Retail

While passenger numbers have recovered to pre-pandemic levels, sales in duty-free hubs like airports are sluggish. The reality is pushing many brands to rethink their presence: those that want to [...]

How Fragrantica Became the Internet’s Perfume Bible

One of the highest-traffic beauty sites in the world, the perfume directory has become a magnet for both brand awareness and controversy. [...]

Beauty’s New Challenger Conglomerate Has Always Been Here

By shedding its food and ice cream businesses, Unilever is betting big on beauty. But matching the scale, valuation and category depth of rivals like L’Oréal and The Estée Lauder [...]

The Executive Briefing: Chanel’s Hot Streak; Adidas’ PR Victory; Love and Hate for AI

Matthieu Blazy's revamp of the French couture house catches fire, Adidas becomes part of history at the London Marathon and Saks Global plots its post-bankruptcy future. Read on for your [...]

How Thom Browne Went From an Asics Fan to a Collaborator

Thom Browne’s latest collaboration with Asics is the house’s first with a sportswear brand. Could we see more down the line? He answers that and more in this latest interview [...]

The Executive Briefing: Fashion’s Oil Shock; Stalled Turnarounds at LVMH and Nike; Beauty M&A

Soaring oil prices from the US-Israel war on Iran spill over to fashion, two industry giants continue to struggle and H&M makes a business case for sustainability. Keep reading for [...]

Why Adidas Is Forcing the Return of the Superstar Upon Us

We’ve seen a lot more of Adidas’ classic Superstar sneaker lately. Let’s talk about why this is happening. [...]

An Unexpected Adidas Collab Makes Waves at London Fashion Week

Simone Rocha and Adidas team up to bring the first big surprise to the table for London Fashion Week. [...]

Challenger Brands Are Still Thriving in Sneakers

New Balance revealed its financial numbers for 2025. They paint a very positive picture for all challenger brands in the sportswear space. [...]

Nike Won All-Star Weekend

While the Super Bowl and the opening of the 2026 Milano-Cortina Olympic Games might be in the rearview, we shouldn’t sleep on NBA All-Star Weekend. [...]

Converse Finally Has a New Path Forward

While the Super Bowl and the opening of the 2026 Milano-Cortina Olympic Games might be in the rearview, we shouldn’t sleep on NBA All-Star Weekend. [...]

The Two Sides of Bad Bunny’s Super Bowl Fashion Choices

Bad Bunny took the fashion world by surprise by wearing Zara for the Super Bowl halftime show. For some, that was a big disappointment. [...]

Why Nike’s DEI Fight Matters

The EEOC’s claim that Nike has engaged in a pattern of ‘disparate treatment’ against white employees is something everyone should be watching closely. [...]

Nike Just Turned Costco Into a Hypebeast Playground

Nike’s release of its ‘Costco’ SB Dunk Low might actually be better than the shoes themselves. [...]

The Executive Briefing: Trump’s Tariffs Overturned; Luxury’s Reset Takes Shape; The Creator Economy’s Evolution

Fashion's tariff landscape shifts again, the first products from luxury's wave of new designer appointees hits stores and brands chat with AI consumers. Read more for your concise analysis of [...]

India's Kiran Nadar Museum to take over Christie's London headquarters this summer

A month-long non-selling exhibition from the collection of the New Delhi patron will feature 60 Indian, Pakistani, and Bangladeshi artists working from the 1950s to the present day [...]

New residency in upstate New York will give Indigenous artists access to neon fabrication studio

A partnership between Lite Brite Neon Studio and the Walker Youngbird Foundation, the residency will launch with the artist Sarah Rowe in September [...]

Venice show brings together two leading figures from the Polish avant-garde

The the 20th-century artists Tadeusz Kantor and Maria Jarema feature in a collateral exhibition at the 61st Biennale [...]

British Museum reveals ticket prices for Bayeux Tapestry exhibition

The first tranche of tickets can be booked from 1 July; members, meanwhile, will only be able to visit free-of-charge twice [...]

Lagos curator establishes private art society with focus on cross-disciplinary exchange

Ugoma Chinelo Ebilah is opening Mbari Kola, a public gallery and private members club that will host exhibitions, residencies and more [...]

Richter and Judd works top Christie's solid if not stellar sale of post-war and contemporary art

The $162.6m evening auctions featured a trove of Gerhard Richter works that had belonged to the late dealer Marian Goodman, and canonic Minimalist sculptures from the estate of collector Henry [...]

Authorities in New York return more than 650 looted antiquities, valued at nearly $14m, to India

The objects were recovered through investigations into trafficking networks, including those linked to convicted smuggler Subhash Kapoor and trafficker Nancy Wiener [...]

Israeli organisation threatens legal action against Canadian Museum for Human Rights over Palestine exhibition

The Tel Aviv-based group Shurat Hadin is urging the museum in Winnipeg to pause its upcoming exhibition on the Nakba and its legacy to allow for a “legal and scholarly [...]

Boats and trains, not planes: reflections on a greener—but sometimes greenwashed—Venice Biennale

From curator Koyo Kouoh’s foregrounding of “all earthly elements” to Fondazione Sandretto Re Rebaudengo's new sustainable art island, references to the environment can be found throughout the Italian city [...]

Final proposals for Billie Holiday monument in New York City revealed

One of the six shortlisted designs, by artists including Tavares Strachan and Thomas J Price, will be chosen this summer and erected at the Jamaica Performing Arts Center in Queens [...]

New Richard Avedon documentary chronicles how he shaped the evolution of photography

Ron Howard's documentary, which recently premiered at the Cannes Film Festival, is enjoyable even as it treads well-worn ground and repeats familiar anecdotes [...]

Stonewall monument targeted by Trump administration among the US’s most endangered historic places

The latest edition of the National Trust for Historic Preservation’s annual list spotlights federal erasure and rollbacks to public land conservation [...]

The shifting market for luxury: can legacy brands navigate new trends and buyers?

An exhibition in New York on "250 Years of Franco-American Luxury Stories" shines a light on current changes to the once European-dominated industry [...]

Sainsbury Centre receives one of largest ever UK museum donations

The £91.2m donation from British politician and businessman David Sainsbury will be used for essential renovations to the building [...]

Expansion plans for Rome's Galleria Borghese draw fierce response

Italian heritage preservation organisations object to new construction for the museum which is located within a historically sensitive area [...]

Sold-out Phillips auction in New York brings in $115.2m, more than double 2025 result

The sale offered signals for optimists that the market is rebounding, and set new auction records for Joseph Yaeger, P.S. Krøyer and Pat Passlof [...]

Bidding battle for Matisse leads Sotheby’s $303.3m Modern art evening sale in New York

Henri Matisse’s "La Chaise lorraine" sold for $48.4m with fees as strong results for Picasso, Van Gogh and Giacometti lifted the evening auction's total [...]

In the new film Nagi Notes, art is a vessel for characters’ desires

Japanese writer-director Koji Fukada’s new film, which recently premiered at the Cannes Film Festival, is set in a remote town where artmaking is central to many residents’ lives [...]

Tate Britain's James McNeill Whistler exhibition aims to show he was more than just a combative ‘coxcomb’

The show will bring to light the “incredible skill and magic and variety” in the painter’s work [...]

M+ and Centre Pompidou announce multi-year partnership

The Hong Kong and Paris institutions will stage a major exhibition with work from both collections, to open at the revamped Centre Pompidou in 2030 [...]

Seoul’s new Centre Pompidou Hanwha museum opens next month—can it live up to expectations?

The French institution’s partnership with the Hanwha Foundation of Culture promises a “reciprocal exchange”, but there are concerns it will be too Western focused [...]

Migrants were a continuous feature of medieval Britain, archaeological study shows

Scientific research shows that rather than a victim of invasion, early medieval Britain was a cultural melting pot [...]

‘Entertainment is often violence shrouded in a fun disguise’: Marianna Simnett on being tickled for hours and having Botox injected into her throat

With a new show in Vienna, the artist explains that her work is “about creating the perfect amount of openness for others to become open too” [...]

Christie's nets $1.1bn from back-to-back S.I. Newhouse and 20th century evening sales in New York

New auction records were set for Pollock, Rothko, Brancusi, Miro and Neel [...]

British artist says the Met ‘should take responsibility’ for dress copyright dispute

Anouska Samms claims a dress she has IP over is included in the museums' costume art exhibition without any credit to her [...]

Guatemala stakes claim to stone lintel by 'the Michelangelo of the pre-Columbian era' that was repatriated to Mexico

The artefact is a rare surviving work created by the artist Mayuy more than 1,000 years ago [...]

59th Carnegie International tests the limits of connection and inclusion

Titled ‘If the word we’, the recurring exhibition's 2026-27 edition strives to celebrate both world-class artists and the community in and around Pittsburgh [...]

Tate Britain previews new garden at RHS Chelsea Flower Show

Featuring a Barbara Hepworth sculpture, the display is framed as a "taster" of Tate Britain's public sculpture garden to open next year [...]

Art bartering: artists start viral social media trend to fight cost of living crisis

From help with websites and video editing to free accommodation and haircuts, artists are trading their work on Instagram and TikTok to escape the traps of capitalism [...]

The art world remembers Valie Export, Austrian pioneer of feminist performance art

Best known for daring audiences to face and feel the female body on her own terms, the performance artist died in Vienna on 14 May at 85 years old [...]

‘The story can be almost as important as the piece itself’: philanthropist Christian Levett on his approach to collecting

After ditching investment management to make time for his true passion, the founder of the Mougins Museum of Classical Art in France has swapped Old Masters for Modern art [...]

At Birmingham's Ikon Gallery, Angela de la Cruz's audacious, visceral art takes no prisoners

“Upright” is the artist's first exhibition in a UK institution since 2010 [...]

Finnish museum creates a new and radical support model for artists

Espoo Museum of Modern Art has committed to supporting four artists over the next several years with financial, practical and institutional backing [...]

In a new home, Photo London gets down to business

The navigable Olympia in west London is a welcome change from Somerset House for the fair's exhibitors hoping to maximise exposure and get deals done [...]

'Reflection of resilience': Art Dubai's war-postponed edition opens to healthy sales

The fair's 20th edition was almost derailed by the US-Israel war in Iran—but organisers rallied the local community for a special show [...]

New film about forgers is ‘Miami Vice’ for the art-world crowd

Although uneven at times, ‘Forge’ questions whether collectors really have more appreciation for art than artists who create forgeries [...]

Frieze New York, the Cranach in Hitler’s Munich apartment, Ajamu X—podcast

In this week's episode, Ben Sutton and Kabir Jhala discuss this year's Frieze New York, other fairs across the city this week and the upcoming New York auctions. Ben Luke [...]

A tale of two Annas: Van Gogh’s favourite Whistler painting stars in Tate Britain show

James McNeill Whistler’s celebrated maternal portrait reminded Vincent of his own mother [...]

Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York

Last night's season opening sale of post-war and contemporary art, which started with 11 lots from the late art dealer, set new records for young artists Ding Shilun and Yu [...]

Finding art in the uncanny aesthetics of MAGA

A new pop-up gallery blurs the line between party and exhibition as it brings out the suppressed queerness of right-wing aesthetics [...]

For young dealers, being in New York is key to surviving and thriving

Josh Kline’s recent essay revived a generations-old conversation about the city’s corrosive costs and stresses for artists, but having a foothold in Gotham remains essential for art-market success [...]

Tribeca Gallery Night brings together more than 80 spaces

The influx to the Lower Manhattan neighbourhood includes three recent arrivals [...]

Artists turn to textiles as they excavate history at Nada New York

Various stands at the fair explore textiles' capacity to bring history to the senses [...]

Independent art fair makes the most of more spacious digs

The fair has nearly doubled its footprint at its new location on the East River, offering exhibitors and collectors more room while allowing for larger site-specific artistic interventions [...]

Frieze New York Diary: celeb sightings and a swag-filled party

Plus Kite's musical ensemble leads visitors through the Shed [...]

In Pictures: New Museum curator Gary Carrion-Murayari’s Frieze favourites

The New Museum’s senior curator takes us around the fair, highlighting works by Arthur Simms, Pedro Neves and others [...]

New York institutions offer nuanced and inclusive views of US’s 250th birthday

Museums across the city have organised shows dedicated to the history of the American Revolution, featuring at least three historical copies of the Declaration of Independence—but some are focusing on [...]

Photographer Giles Duley brings images of historic and current wars into dialogue in Manhattan pop-up show

For a pop-up exhibition in a penthouse apartment high above Midtown, the British photographer is showing archival materials, his own photos and three room-sized installations [...]

Rene Matić wins 2026 Deutsche Börse Photography Foundation Prize

One of the youngest winners, Matić is also the first British recipient of the £30,000 prize in more than a decade [...]

London's Wellcome Collection returns 2,000 manuscripts to the Jain community

Unusually, the objects will not be transferred to their country of origin but to the UK Institute of Jainology for deposit at the University of Birmingham [...]

Opulent Evolution – Lazin Magazine – December 2025