Brands
Ishaan Khatter suits up as the next big face in Boss global campaign
MUMBAI: Behold the new Boss move Indian star Ishaan Khatter has officially joined the cast of Hugo Boss’ Fall/Winter 2025 campaign, Be the Next, putting a bold spin on the brand’s iconic “be your own boss” platform.
Khatter, who recently dazzled at the 2025 Cannes Film Festival with his Hollywood breakout Homebound, is now fronting the campaign as one of its global faces, alongside English actor (and future DC superhero) Aaron Pierre, K-pop megastar S.Coups of Seventeen, tennis ace Taylor Fritz, and fashion’s fastest-rising model, Amelia Gray. Together, the eclectic line-up embodies the campaign’s mantra of ambition, individuality, and rewriting the rulebook.
The campaign film charts Khatter’s symbolic walk through a tunnel towards a radiant light mirroring his own artistic journey from Mumbai’s indie films to the global stage. Styled in rich textures and sleek tonal layers from the Boss FW25 collection, he embodies the modern Boss: risk-taker, rule-breaker, and legacy-maker.
Speaking about his new role, Khatter said:“It’s about staying true to yourself, pushing boundaries, and constantly striving to grow. For me, it’s not just about success but about the journey and the stories we create along the way.”
With its global cast, the campaign will hit the streets (and screens) through a 360-degree blitz billboards lighting up major world cities, high-traffic outdoor spots, and a digital push across platforms. The collection itself will roll out in Boss stores worldwide, online at boss.com, and through wholesale partners.
For Khatter, hailed as Bollywood’s “It Boy” gone international, this campaign cements his place not just as a rising actor but as a global style force. For Boss, it’s another step in reframing power dressing for a generation that’s hungry to own its narrative.
Brands
Estée Lauder to shed 10,000 jobs as new boss bets on digital shift
The cosmetics giant raises its profit outlook but stays silent on a possible merger with Spain’s Puig, as job cuts deepen and a three-year sales slump weighs on the turnaround
NEW YORK: Stéphane de La Faverie is not done cutting. Estée Lauder announced on Friday that it plans to eliminate as many as 3,000 additional jobs, taking its total redundancy programme to as many as 10,000 roles, up from a previous target of 7,000 announced a year ago. The company, which owns La Mer, The Ordinary, Tom Ford, and Aveda, employs roughly 57,000 people worldwide. The mathematics of what is now being contemplated is stark.
The fresh round of cuts is expected to generate a further $200 million in savings, bringing the total annual savings from the programme to as much as $1.2 billion before taxes. That money, De La Faverie has made clear, will be ploughed back into the turnaround.
A CEO in a hurry
De La Faverie, who took the helm in January 2025, inherited a company that had endured three consecutive years of annual sales declines. His response has been to move fast and cut deep. A significant portion of the latest redundancies reflects his push to reduce headcount at US department stores, long a cornerstone of Estée Lauder’s distribution model but now a channel in structural decline. In their place, he is accelerating the shift toward faster-growing online platforms, including Amazon.com and TikTok Shop, a pivot that is reshaping not just where Estée Lauder sells but how it thinks about its customers.
The numbers are moving in the right direction
Despite the pain, there are signs the medicine is working. Estée Lauder raised its profit outlook for the remainder of the fiscal year, guiding for adjusted earnings per share in the range of $2.35 to $2.45, above analyst estimates and a notable step up from the $2.05 to $2.25 range it had guided for in February. Organic net sales growth is expected to come in at 3 per cent, the company said, at the high end of the range it set out in February.
The share price tells a mixed story. After De La Faverie took charge, the stock surged nearly 60 per cent, buoyed by investor optimism that a longtime company insider could finally arrest the decline. But 2026 has been rougher: the shares have fallen 27 per cent this year, weighed down by disappointing February results and the overhang of unresolved merger talks with Spanish beauty giant Puig Brands SA. The company gave no additional details about those discussions on Friday, leaving the market to guess.
Silence on Puig
The proposed tie-up with Puig remains the most consequential unknown hanging over Estée Lauder. A deal with the Barcelona-based group, which owns brands including Carolina Herrera and Rabanne, would reshape the global luxury beauty landscape. But with nothing new to say and a turnaround still very much in progress, De La Faverie is asking investors to trust the process.
Three years of sales declines, 10,000 job cuts, and a merger that may or may not happen. At Estée Lauder, the overhaul has barely started.
