How Some Brands Are Thriving in a Tough Economy

Fashion's New Favourite K-Pop Group; The UK's Beauty Retailers, Explained

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, APRIL 4, 2023 Consumers are still flocking to brands they perceive as a good value even as they rein in spending elsewhere, according to a BoF analysis of retail earnings. Beauty brands should be open to experimentation to find success in the UK's highly fragmented beauty retail landscape. The K-pop group NewJeans has become an overnight sensation with fans and fashion brands alike. L'Oréal is buying luxury soap and skin care label Aesop in a $2.5 billion deal, its largest-ever acquisition. Michael Roberts has died; revisit Colin McDowell's 2015 profile of the former Vanity Fair fashion director: "Fashion's Mr Outspoken."

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RETAIL Why Some Brands Are Thriving in a Tough Economy – and Others Aren't By Yola Mzizi

BoF analysis of dozens of publicly traded fashion and beauty retailers' latest earnings shows companies that can make the most compelling case for value have been the most successful. READ MORE

GLOBAL MARKETS How K-Pop Group NewJeans Became an Overnight Fashion Favorite By Tiffany Ap

The all-girl act, which formed last year, were recently signed by Levis, anointed Seoul Fashion Week ambassadors, and individually have contracts with Chanel, Gucci, Louis Vuitton, and Burberry. READ MORE

BEAUTY L'Oréal to Acquire Aesop By Diana Pearl

The $2.5 billion deal is the largest ever for the French beauty conglomerate. READ MORE

LUXURY Michael Roberts: Fashion's Mr Outspoken By Colin McDowell After more than 30 years on the front row, former Vanity Fair fashion director Michael Roberts still takes no prisoners. Colin McDowell meets the silver-tongued commentator whose first rule of fashion is to always say what he thinks. READ MORE

BEAUTY Why Shopping for Beauty Is So Different in the UK By Tamison O'Connor The British beauty market is booming, but a highly fragmented retail network presents unique challenges. Here's what brands should consider when selecting a partner. READ MORE

Audemars Piguet to Guarantee $55,000 Watches Against Theft in Industry First READ MORE

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NEWS BRIEFS Former Vanity Fair Editor Michael Roberts Dies Revlon Cleared to Exit Bankruptcy With $2.7 Billion on Debt Reduction Deal ByteDance Matches Tencent's $80 Billion Sales After TikTok Boom Indonesia Cracks Down on Used Clothing Imports

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