At a meeting of the Faculty of Arts and Sciences on Feb. 6, 2024, the following tribute to the life and service of the late David Albert Evans was spread upon the permanent records of the Faculty. David Albert Evans was one of the most influential organic chemists in the history of the field, and […]
David Albert Evans, 81 Read More »
European Union countries on Friday postponed a decision on a proposed law requiring large companies to determine if their supply chains use forced labour or cause environmental damage after Germany and Italy indicated they would abstain. A “qualified majority” of 15 EU countries representing 65 percent of the EU population is needed for the corporate
EU Stalls Supply Chain Law After German, Italian Objections Read More »
Chanel has built one of the world’s most valuable luxury brands in part by maintaining strict control over the way its products are distributed. The French giant’s most coveted handbags never go on sale and can’t be bought online. Its tightly controlled approach to supply — bolstered lately by hefty price hikes — helps to
What Chanel’s Resale Win Means for the Market Read More »
This week, we are pleased to introduce two new partners on BoF Careers. Primark is a high street retailer which opened its first store in 1969 in Dublin, Republic of Ireland. With over 430 stores in 16 countries, Primark has 70,000 employees. Owned by Associated British Foods, Primark’s revenue was up 15 percent to £9
Announcing Primark and House of Sunny Read More »
Welcome back to Haul of Fame, the weekly beauty roundup of new products, new ideas and Apple’s accidental plan for a hair trend. Included in today’s issue: Act + Acre, Attitude, Benefit Cosmetics, Cetaphil, Costas Brazil, Em Cosmetics, Future Society, Granado, Jolie, Harper’s Bazaar, Kerastase, L’Oréal, La Mer, Michael B. Jordan, Milk Makeup, Saltair, Sol
The Business of Beauty Haul of Fame: The Heartbreak Kids Read More »
This week marked a blockbuster week for earnings, with Estée Lauder, E.l.f., Coty, L’Oréal, Unilever, Shiseido and Kering all reporting results. All in all, beauty conglomerates had a strong showing. E.l.f. Beauty expects to reach full-year sales of nearly $1 billion, Coty beat Wall Street estimates, on the power of its fragrances and new launches,
Beauty’s Biggest Players Are on Fire — With One Exception Read More »
PepsiCo’s profit rose in the fourth quarter thanks in part to lower charges, though revenue declined slightly. The food and beverage company also said Friday that it is boosting its annual dividend by 7% and plans to buy back about $1 billion of its shares. For the three months ended Dec. 30, PepsiCo earned $1.3
PepsiCo profit gets a bump as charges fade, though revenue slips in fourth quarter Read More »
HELSINKI — Finns on Sunday will choose either of two experienced politicians to be their next head of state, whose main task will be to steer the Nordic country’s foreign and security policy now that it is a member of NATO, following Russia’s invasion of Ukraine. Ex-Prime Minister Alexander Stubb, 55, on the center right,
As Finns choose new president, one thing certain: A hard line on Russia will continue Read More »
TOKYO — The Japanese government adopted plans on Friday to scrap its current foreign trainee program, which has been criticized as a cover for importing cheap labor, and replace it with a system it says will actually teach skills and safeguard trainees’ rights as Japan desperately seeks more foreign workers to supplement its aging and
Shiseido became the latest victim on Friday of a slowing Chinese economy that has battered earnings at many global consumer goods companies, when the Japanese cosmetics maker reported a 40 percent slide in annual earnings. China’s weak consumer spending has also hit profits at L’Oréal and Estée Lauder, which like Shisedo had for years banked
China’s Consumer Slump Claims Another Victim as Shiseido Profit Slides Read More »
