Will the Luxury Party Last?

A New Men's Skin Care Guru, Richemont Opposes Board Appointment

ADVERTISEMENT

WHAT YOU NEED TO KNOW TODAY: TUESDAY, AUGUST 16, 2022 Luxury leaders delivered strong H1 results, but risks remain, writes Pierre Mallevays. Former Kiehl's head Chris Salgardo is launching Atwater, a skin care line aimed at men. Richemont urged shareholders to vote against an activist investor's proposed board appointment given his association with rival LVMH. Authentic Brands Group is expected to announce its acquisition of Ted Baker for £200 million, reports Sky News.

TOP STORIES

LUXURY Will the Luxury Party Last? By Pierre Mallevays

Top luxury brands delivered strong first half results, propelled by a buoyant US market, a return to European travel and a cheap euro, but risks remain, writes Pierre Mallevays. READ MORE

BEAUTY A Veteran Beauty Executive's Next Act: Men's Skin Care Guru By Diana Pearl With his new brand, Atwater, Chris Salgardo wants to be a face men can trust with their skin care. READ MORE

LUXURY Richemont Says Ex-Bulgari CEO Is 'Inappropriate' for Board By Bloomberg

The group urged shareholders to vote against activist investor Bluebell's proposal to appoint Francesco Trapani to the board because he is too closely associated with arch-rival LVMH. READ MORE

What Fashion Retail Professionals Need to Know Today READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1 START TRIAL

NEWS BRIEFS Report: ABG Expected to Announce £200 Million Ted Baker Acquisition China Factory Orders Drop in Ominous Sign for Global Outlook

BoF PROFESSIONAL

For Teams of 5 or More Equip your team with unlimited access to a range of expertise and experiences, intelligently designed to help your organisation navigate industry disruption. Inform, connect and engage your employees with access to unlocked news and analysis, case studies, agenda-setting weekly briefings, on-demand courses and masterclasses and benefit from improved team performance and better business outcomes. If you would like more information on how BoF Professional can benefit your team or organisation, contact the BoF team or join BoF Professional now by visiting our team memberships page below. LEARN MORE

The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd The Business of Fashion, Soho Works 2, Television Centre, 101 Wood Lane, London, W12 7FR, United Kingdom businessoffashion.com