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25 May

Giorgio Armani Group Reports Strong 2022 and Q1

by Beauty Tips
Fashion, Featured
Giorgio Armani Group Reports Strong 2022 and Q1
MILAN – The Giorgio Armani Group closed 2022 on an upward trajectory, and business momentum continued in the primary quarter. The designer touted the consistency of his strategies and his pride within the independence of the corporate, steadfastly protected through the years. Within the 12 months ended Dec. 31, revenues rose 16.5 percent to 2.35 billion euros compared with 2.02 billion euros in 2021. Sales including licenses exceeded 4.5 billion euros, while retail sales turnover is estimated to exceed 6.5 billion euros. The primary quarter trends for 2023 show net revenues increasing year-on-year by 18 percent over the identical period 2022, confirming the balanced growth across channels and the rise in operating profitability. “The medium-long term strategic path I even have chosen to...
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18 May

Black Designers From Theaster Gates and Prada Group Cohort

by Beauty Tips
Fashion, Featured
Black Designers From Theaster Gates and Prada Group Cohort
As promised, artist Theaster Gates and Prada Group are helping pave paths of access for creatives of color. Three members of the 14-person Dorchester Industries Experimental Design Lab assembled last yr for the inaugural three-year collaborative program are making their approach to this yr’s Venice Architecture Biennale, opening Saturday, to indicate their work. When the cohort was announced in April last yr, Gates, the brainchild behind this system, told WWD, “The Experimental Design Lab will develop into each a platform and a pipeline for exceptional Black and brown designers to be acknowledged for his or her brilliance and regarded for creative opportunities at the highest levels of artistic collaboration.” And he’s making good on his word. Architectural designers Mariam Kamara and Germane Barnes, in...
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16 May

JOY GROUP Celebrates Its Debut on WWD Beauty Inc

by Beautifaire101
Beauty, Featured
JOY GROUP Celebrates Its Debut on WWD Beauty Inc
SHANGHAI, May 16, 2023 /PRNewswire/ -- JOY GROUP, the leading Chinese beauty company, has joined the ranks of the world's top 100 beauty corporations and the highest 10 gainers list in beauty for 2022, as per the recently released rankings by the U.S.-based fashion journal Women's Wear Each day (WWD). WWD, also known as the "Bible of fashion", is one in every of the oldest fashion publications globally, wielding considerable influence in the style industry. Since its inception, WWD has been a each day read for executives in the worldwide fashion and wonder industry.  Annually, WWD Beauty Inc. releases its definitive list of the world's top 100 beauty corporations, based on sales within the previous calendar yr. Recognized because the "Beauty Industry Practitioner's...
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10 May

Estée Lauder Cos. Backs Group CEO, Leadership Team in

by Beautifaire101
Beauty, Featured
Estée Lauder Cos. Backs Group CEO, Leadership Team in
NEW YORK — The Estée Lauder Cos. board of directors and Lauder family has strongly backed group president and chief executive officer Fabrizio Freda and the corporate’s leadership team in an internal memo sent to employees Tuesday, which was obtained by WWD. In a move to quell any concern produced by a recent report that the Estée Lauder Cos. could soon face pressure from a billionaire activist investor, William Lauder, the Estée Lauder Cos. executive chairman, wrote the memo on behalf of the board and his family. As previously reported, on Sunday The Recent York Post published an article saying that Nelson Peltz is considering making Lauder his next activist play after the Walt Disney Co., including potentially pushing a sale of...
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