The Post-Pandemic Bridal Opportunity

Why Ralph Lauren Sold Club Monaco, Burberry Recovery Trails Luxury Leaders

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, MAY 14, 2021 Bridal designers are predicting a wedding boom, but the pandemic may have permanently changed how people dress for their nuptials. With its sale of Club Monaco, Ralph Lauren is the latest retailer to trim its portfolio in order to focus on growing its core brand. Burberry is trailing luxury leaders in its recovery from the depths of the pandemic. New York label Rosie Assoulin has inked a deal with High Italian Manufacturing. Changes to China's animal-testing policies will have big implications for global beauty brands.

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RETAIL The Post-Pandemic Bridal Opportunity By Chavie Lieber and Darcey Sergison

After a year of postponements and cancellations, expect a wedding boom this summer. Brands are updating their strategies to cater to brides buying multiple dresses and shopping online. READ MORE

RETAIL Ralph Lauren Sold Club Monaco. What's Next? By Cathaleen Chen

The American label joins Gap and others in shedding a smaller label to focus on its core brand. But the road to growth will be bumpy, analysts say. READ MORE

LUXURY Rosie Assoulin Plans Next Chapter with Partner High Italian Manufacturing By Chantal Fernandez The manufacturing and distribution firm, formerly Onward Luxury Group, will produce the New York label's collections and help it expand its assortment and global reach. READ MORE

BEAUTY What China's Beauty Regulation Change Means for Foreign Brands By Chantal Fernandez Securing regulatory approval could be a game-changing milestone for foreign brands previously deterred by animal-testing requirements. But trade barriers remain. READ MORE

Burberry Quarterly Sales Fall Short of 2019, Hitting Shares READ MORE

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NEWS BRIEFS Report: Authentic Brands Group Makes $1 Billion Bid for Reebok Farfetch First Quarter Revenue Up 46 Percent Investors Question Canada Goose Outlook Despite Earnings Beat PayPal Acquires Happy Returns Prada Announces New Diversity and Inclusion Initiatives Walmart Buys Virtual Fitting Room Company Zeekit Alibaba Revenue Tops Expectation on Pandemic-Driven Online Boom 'Transitory' US Inflation Pressures Seen Lasting for Months Coach Links with Chinese Sneaker Resale Leader, Poizon Shiseido Reports $14 Million Net Loss for Q1, China Boost

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VIDEO Sephora and the State of Beauty Retail By BoF Team

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