The Companies Behind Fashion’s Biggest Fragrances

Thebe Magugu on Building His Brand, Which Brands Should Sell Skin Care?

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, FEBRUARY 28, 2023 BoF unpacks the key players in the booming fragrance industry, which is seeing shifts as brands and licences change hands. Milan Fashion Week was an exercise in multiplicity, strictness and seduction, writes Angelo Flaccavento. Kering isn't immune to the challenges faced by competitors as it takes its smaller brands' beauty lines in house, writes Pierre Mallevays. Thebe Magugu is carving out the next chapter of his label by focussing on Africa first. A slew of makeup brands are making the jump into skin care. Not all of them should, writes Rachel Strugatz. The early bird rate for the BoF Professional Summit: An Inflection Point in Fashion Tech ends today. Purchase your ticket now to join us in person at the Times Center, New York on March 22 and save $100 on the full ticket price.

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BEAUTY The Companies Behind Fashion's Biggest Fragrances By Joan Kennedy

Despite fast growth for independent fragrance brands, designer scents still make up most sales, and a few companies are the engines behind them. BoF unpacks the key players. READ MORE

FASHION WEEK Milan Fashion Week Trades Gen-Z for Grown-Up By Angelo Flaccavento

The week of shows that ended on Sunday was an exercise in multiplicity, strictness and seduction, writes Angelo Flaccavento. READ MORE

BEAUTY Kering's Next Frontier: Beauty By Pierre Mallevays

The Gucci owner has hired former Estée Lauder executive Raffaella Cornaggia to lead its new beauty division, echoing the formation of the group's eyewear unit in 2014. Why now for beauty and does this mean the beginning of the end of the licensing model for luxury brands? READ MORE

LUXURY Thebe Magugu Wants to Build an International Brand Without Forgetting the Customers at Home By Yola Mzizi

The South African designer is taking a step back from the global stage by prioritising his local market, investing in DTC and working with new stockists across Africa. READ MORE

BEAUTY Who Is Allowed to Sell Skin Care? By Rachel Strugatz A slew of new entrants, from indies to LVMH-owned giants, are jumping from makeup into skin and "hybrid" concepts. But the road to skin care equity is harder than it looks. READ MORE

EU's Used Textile Exports Tripled Over the Last Two Decades READ MORE

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