Stories on fashion and luxury you won't read elsewhere

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Miss Tweed:
Stories on fashion and luxury you won't read elsewhere
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Astrid Wendlandt
25 October 2026
Spanish perfume group Puig and private equity group Cinven are in the race to acquire Parfums de Marly. French cosmetics giant L’Oréal is looking to make more acquisitions in China and in India. LVMH is nearing a deal for the sale of its 50 percent stake in Fenty Beauty. And a small French cosmetics brand is about to be put up for sale. Miss Tweed has all the details.

These deals are gaining pace as the beauty sector, and perfume in particular, is proving much more resilient than the global luxury sector during the current spending downturn. Consumers continue to indulge in accessibly priced designer fragrances and high-end perfumes. On the other hand, they have become reticent to splurge on overpriced luxury handbags and ready-to-wear, analysts say.
Weekly Highlights
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With riots last week across France and in several major European cities, images going viral of shattered and looted boutiques, and more demonstrations held on Saturday in Paris and elsewhere, the luxury sector did not need another blow. Yet more bad news hit luxury this week, with disappointing trading updates pointing to enduring weakness in China.
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A Year in the News 2024-2025 is a compilation of Miss Tweed's stories published during its fifth year. Like the fourth yearbook, it is a limited edition. Hence, it is a collector's item. It's designed to celebrate the work of illustrator Claire Laude. Each illustration runs next to the first two paragraphs of the story. It does not contain the entire story.

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Author and journalist Astrid Wendlandt conducted a four-year investigation into the secretive world of fashion and luxury involving hundreds of interviews with top executives and designers.

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