This season’s earnings paints a gloomy picture of the fiscal year ahead, thanks to a downturn in the US and a cooling fragrance market, but agile firms are finding brighter spots.
Beauty’s growth has begun to cool as companies adjust to smaller retailer orders, and dampened customer demand. (Getty)
By Daniela Morosini
13 November 2025
BoF PROFESSIONAL
Under CEO Francesca Bellettini and designer Anthony Vaccarello, Saint Laurent has more than doubled sales in 5 years and is on track to surpass $3 billion in 2022.
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