Plus, a management overhaul could put Prada back on the path to success.
Author:Dara PrantPublish date:Jun 27, 2019Updated onJun 27, 2019These are the stories making headlines in fashion on Thursday."The global beauty and personal care market grew by 6% [in 2018] on the previous year, which was actually the most dynamic growth recorded in the last decade," Hannah Symons, global head of beauty research at Euromonitor International, revealed to WWD. According to Euromonitor, the beauty business' sales worldwide reached $488.3 billion last year.
" {WWD} The RealReal received $207 million in total revenue last year and is preparing to go public this week. The company, which has opened three stores and 11 consignment-only locations across the country, is looking to raise $270 million in its initial public offering. {Bloomberg} Last month, Kering announced it will no longer hire models younger than 18 for its brands' fashion shows and photo sessions.
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