U.S. makeup sales may be sliding, but skin care is showing promise. The U.S. prestige beauty market drove $18.8 billion in sales in 2019, according to a new report from The NPD Group. Makeup remains prestige beauty’s largest category, driving $7.6 billion in sales, followed by skin care, which totaled $5.9 billion in 2019. Overall, […]
Veteran fashion executive Nicolas Dreyfus is joining Frame as chief executive officer on March 1 to guide the growth of the Los Angeles-based brand. Dreyfus, formerly global ceo of The Kooples, the French contemporary brand bought by Maus Frères last year, moves into a newly formed position at Frame. He will report to Frame founders […]
Forever 21 has signaled it is ready for sale. The fast-fashion retailer told a Delaware bankruptcy court that it has an $81.1 million stalking-horse bid from a group made up of licensing company Authentic Brands Group and landlords Simon Property Group and Brookfield. The group has teamed up to form an entity called SPARC Group […]
VidCon is officially sister-approved. James Charles is set to make his debut at the annual convention, to be held at the Anaheim Convention Center starting June 17. The past year has been a whirlwind for Charles, who was ultimately one of Google’s most-searched people of 2019. His appearance at VidCon will be his largest since […]
The Federal Trade Commission is filing a suit to block Edgewell Personal Care Co.’s proposed $1.37 billion acquisition of Harry’s Inc., saying the deal would eliminate “one of the most important competitive forces in the shaving industry.” The FTC issued a statement on Monday saying it had authorized staff of the Bureau of Competition to […]