Could Hollywood Stylists Unionise?

The Big Business of Beauty Ingredients; Gucci Names Chief Brand Officer

WHAT YOU NEED TO KNOW TODAY: FRIDAY, SEPTEMBER 1, 2023 The ongoing strikes in Hollywood have prompted discussion of a potential union for stylists, but any formal organisation is still years off. Beauty ingredient makers are receiving large investments, but producing new materials is a capital-intensive challenge for the industry. Gucci has named Alessio Vannetti chief brand officer ahead of new designer Sabato de Sarno's Milan debut. Kylie Jenner is considering buying back Coty's stake in her makeup brand Kylie Cosmetics, Bloomberg reports. Lululemon raised its annual sales forecast for a second time this year as demand for its activewear continues.

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WORKPLACE & TALENT How Hollywood Stylists Can — and Just Might — Unionise By Cathaleen Chen

Strict labour laws in the US have long stood in the way of unionising efforts in creative industries like fashion. But in light of Hollywood's historic strike and the ever-burgeoning gig economy, the tides may be shifting. READ MORE

BEAUTY Why the Business of Beauty Ingredients Is So Hard to Crack By Joan Kennedy Calls for more sustainable alternatives have created opportunities for makers, but the capital-intensive, often lengthy process of bringing new materials to market represents a huge challenge — especially when consumer-facing brand ambitions are involved. READ MORE

LUXURY Gucci Names Alessio Vannetti Chief Brand Officer By Robert Williams The move comes ahead of new designer Sabato de Sarno's high-stakes debut at Milan Fashion Week. US-based Gucci marketing veteran Susan Chokachi is set to exit the brand. READ MORE

BEAUTY Kylie Jenner Considers Buying Back Coty's $600 Million Stake in Her Makeup Brand By Bloomberg The beauty mogul's sister Kim Kardashian is also in talks to buy back the 20 percent stake in her skincare line, SKKN by Kim, that Coty bought for $200 million. READ MORE

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NEWS BRIEFS Mike Ashley's Frasers Raises Stake in Boohoo to 9.1% Revolution Beauty Appoints New CEO Hong Kong July Retail Sales up 16.5%, Boosted by Tourism Revival Amazon, Shopify Strike Deal to Open Amazon Logistics to Sellers Lululemon Raises Sales Forecast for Second Time on Buoyant Demand

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