Is This Luxury’s Watershed Moment in India?

How Brands Can Start Using Data Better; Lizzo's New Line

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, MARCH 30, 2023 India's luxury market has high growth potential but is full of challenges. Understand the opportunity with our in-depth market analysis. BoF's Marc Bain spoke with retail experts about how brands can make better use of their customer data. A year after launch, Lizzo's shapewear line Yitty is expanding with gender neutral options. The bankrupt owner of the Morphe makeup brand was acquired for $690 million.

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GLOBAL MARKETS Market Analysis: Is This Luxury's Watershed Moment in India? By Arnika Thakur

Brands like Dior and Valentino are banking on India's high growth potential, but it will take more than dazzling shows and sleek stores to compete with local designers and turn this complex market into a major revenue source. READ MORE

TECHNOLOGY How Brands Can Start Making Use of Data By Marc Bain

The volume of data available to brands today can be overwhelming and it can be hard to know how to begin making sense of it, but experts say there are some key starting points to focus on. READ MORE

RETAIL Lizzo's Shapewear Brand Yitty Is Launching Its First Gender Neutral Line By Malique Morris

A year after making a splash in the shapewear market, Yitty is expanding its product offering to underrepresented gender identities and ramping up its customer engagement efforts. READ MORE

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NEWS BRIEFS Bankrupt Morphe Owner Acquired by Lenders for $690 Million Adidas Retracts Opposition to Black Lives Matter Three-Stripe Design Next Dials Down Inflation Estimates Target Announces Spring Designer Collaborations Macy's Insider Spring to Replace Turnaround CEO Gennette Next Year

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2023 Trends at the World's Largest B2B Beauty and Cosmetics Event This March, Cosmoprof Worldwide returned to Bologna. Attracting 2,980+ exhibiting companies from 64 countries, it is the largest B2B beauty event in the world and an incubator for next-generation brands propelling the latest trends and consumer preferences forward. "One of the main trends is technology in beauty, and at Cosmoprof, [...] we have an area for beauty tech companies focusing on apps, AI, virtual realities, augmented realities, to benefit the user experience," said Enrico Zannini, general manager of BolognaFiere Cosmoprof.  Now, BoF shares its insight on the key trends of the event. READ MORE

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