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14 Jul

Research Reveals Insights Into What’s Driving the Way forward

Research Reveals Insights Into What’s Driving the Way forward
Launchmetric’s newly released Sportswear Insights report addresses questions across the evolving and expanding global sportswear industry for the primary time, since announcing its expansion into the category earlier in 2023. The research looks at several aspects driving the expansion of the sportswear category, including changes in consumer behavior, convergence with popular culture and leverage of influential voices. The corporate projects the sportswear market will grow from $185.9 billion in 2022 to $356 billion by 2032. “Over the past decade, now we have witnessed a fundamental transformation within the perception of sportswear,” said Michael Jais, chief executive officer of Launchmetrics. “It has evolved from a distinct segment market catering to athletes and fitness enthusiasts to a worldwide phenomenon embraced by individuals from...
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26 Jun

Sofia Vergara Reveals Makeup, Skin Care and Supplements With

Sofia Vergara Reveals Makeup, Skin Care and Supplements With
Sofia Vergara is entering beauty with an aptly timed focus — sun care. The category, which has been working to get year-round users, has gained Vergara as a recent entrant with the launch of Toty. The brand is coming to market on its website with internal supplements, a mineral sunscreen, a color-correcting cream and a makeup compact for touch-ups, each priced from $28 to $54. Vergara, who previously had fragrances with Parlux, isn't any stranger to beauty. That features her consumer experience, too. “I'd read each article and began to examine photo damage under the sun. I used to be in my 20s and that opened my eyes, and that’s once I began wearing sunscreen,” she said. The brand was developed with Cantabria...
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22 Jun

Ralph Lauren Reveals Executive Pay

Ralph Lauren Reveals Executive Pay
Ralph Lauren, executive chairman and chief creative officer of Ralph Lauren Corp., saw his overall compensation fall 26.7 percent to $18.3 million last 12 months, in keeping with a filing Thursday with the Securities and Exchange Commission.  While his take included a salary of $1.8 million and incentive pay of $5.3 million, most of Lauren’s compensation got here in the shape of stock awards valued at $11 million. The true value of the stock, though, will rely on the corporate’s performance on Wall Street — tying executive pay to the shareholder’s wallet.  Patrice Louvet, president and chief executive officer, saw his compensation decrease 22 percent to $14.5 million. That included salary of $1.4 million, incentive pay of $3.9 million and stock awards...
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