The world is changing and fashion and beauty need to change too - and fast - speakers at the Decoded Future summit in London said. Sustainable packaging, rental, resale and Gen Z mean the old rules no longer apply.
The makeup brand Bobbi Brown has announced its first ever India brand ambassador as Bollywood actress and celebrity Tara Sutaria. Sutaria will represent the brand across its digital, social, and in-store platforms.
Bollywood actor Aditya Roy Kapur has launched the fashion brand Single with Universal Sportsbiz (USPL). The brand retails menswear and will launch online via Myntra and offline in Shoppers Stop and Central stores.
The German group reported sales of over 4.6 billion euros in 2018 and an operating margin of 7.3%. While it looks like growth may slow in 2019, the company's major focus will be on improving its profitability.