How Brands Can Deal With Rising Costs

Farfetch's Beauty Launch, Prada's Strong First Quarter

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, APRIL 20, 2022 Brands are changing how they operate, including new products and manufacturing techniques, to reduce inflation's bite. Farfetch is entering beauty in a big way with a new marketplace and Off-White fragrances. Prada reported strong first-quarter sales as its US business offset the impact of China's lockdown. Reliance Brands is taking a 51 percent stake in the Indian couture brand Abu Jani Sandeep Khosla Plus, don't miss stylist Matthew Henson sharing his insights on how to build a career in fashion today on LinkedIn Live at 5pm BST/12pm EDT.

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RETAIL How Brands Can Deal With Rising Costs By Cathaleen Chen

From altering products to buying materials in bulk, brands and retailers are adapting to a volatile market. READ MORE

BEAUTY Can Farfetch Compete in Beauty? By Rachel Strugatz

The luxury fashion platform is coming at beauty from all sides — as a marketplace, a retailer and with its own brands, starting with Off-White. READ MORE

Inside Alexander Wang's Los Angeles Show READ MORE

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NEWS BRIEFS Olivia Rodrigo Signs On With Glossier for Its First Celebrity Deal Prada CEO Says First 4 Months Strong Despite Russia, China Reliance Brands Takes Majority Stake in Abu Jani Sandeep Khosla L'Oreal's First-Quarter Sales Rise on Demand for High-End Beauty Victoria's Secret's Pink Signs First Male Celebrity Spokesperson

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