Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.

In this week’s High Margin luxury newsletter: more from Robert’s interview with Charvet’s Anne-Marie and Jean-Claude Colban on the eve of their sale to Chanel. Also: fashion’s renewed focus on personal style, from Charvet to Chanel to Celine.

In this week’s High Margin luxury newsletter: more from Robert’s interview with Charvet’s Anne-Marie and Jean-Claude Colban on the eve of their sale to Chanel. Also: fashion’s renewed focus on personal style, from Charvet to Chanel to Celine.

The collective effervescence of the Paris heatwave on the heels of Knicks fever in New York suggests culture is shifting. Can fashion keep up? Plus, Dior, Saint Laurent and Louis Vuitton show menswear in Paris.

The collective effervescence of the Paris heatwave on the heels of Knicks fever in New York suggests culture is shifting. Can fashion keep up? Plus, Dior, Saint Laurent and Louis Vuitton show menswear in Paris.

Mytheresa, Gucci and Jacquemus have converged on Monaco for summer takeovers while Burberry sets up shop in Athens. As big luxury’s beach club era stretches into a ninth summer, how are brands tweaking their approach to hooking wealthy clients? Plus, a Q&A with Mytheresa’s new CEO hired from Christie’s, Francis Belin.

Mytheresa, Gucci and Jacquemus have converged on Monaco for summer takeovers while Burberry sets up shop in Athens. As big luxury’s beach club era stretches into a ninth summer, how are brands tweaking their approach to hooking wealthy clients? Plus, a Q&A with Mytheresa’s new CEO hired from Christie’s, Francis Belin.

One of LVMH’s smallest brands is also among its fastest growing, powered by designer Camille Miceli’s Gen Z-friendly, unabashedly commercial celebration of the label’s Mediterranean DNA.

One of LVMH’s smallest brands is also among its fastest growing, powered by designer Camille Miceli’s Gen Z-friendly, unabashedly commercial celebration of the label’s Mediterranean DNA.
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Disposals, store closures, blurry financial guidance… Decision-makers at LVMH, Kering, Ferragamo and Burberry are no longer betting on a return to the industry’s boom years.

Disposals, store closures, blurry financial guidance… Decision-makers at LVMH, Kering, Ferragamo and Burberry are no longer betting on a return to the industry’s boom years.

Milan’s most promising upstarts are emphasising custom orders, embracing cross-cultural dialogue and adopting a high-tech angle on ‘Made in Italy.’ Plus, Lanvin’s new CEO, Gucci’s F1 deal and Ferrari’s EV launch debacle.

Milan’s most promising upstarts are emphasising custom orders, embracing cross-cultural dialogue and adopting a high-tech angle on ‘Made in Italy.’ Plus, Lanvin’s new CEO, Gucci’s F1 deal and Ferrari’s EV launch debacle.

‘Sell any rally,’ Berenberg says, as Barclays forecasts long-term stagnation. Plus: Burberry’s cautious outlook, Anderson’s Dior cruise show in LA, a renewed focus on placemaking.

‘Sell any rally,’ Berenberg says, as Barclays forecasts long-term stagnation. Plus: Burberry’s cautious outlook, Anderson’s Dior cruise show in LA, a renewed focus on placemaking.

The polarising wife of billionaire Jeff Bezos offered a lesson in how media and power really work today, writes Robert Williams. Plus: unexpected wins for Robert Wun, garment workers and more.

The polarising wife of billionaire Jeff Bezos offered a lesson in how media and power really work today, writes Robert Williams. Plus: unexpected wins for Robert Wun, garment workers and more.
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Robert Williams breaks down Matthieu Blazy’s Chanel cruise success, Miu Miu’s stalling growth and Métier’s next chapter.

Robert Williams breaks down Matthieu Blazy’s Chanel cruise success, Miu Miu’s stalling growth and Métier’s next chapter.

Bernard Arnault reaffirmed his confidence in LVMH even as stagnant sales, a tumbling share price and questions over succession have dented its image. Can the world’s largest luxury group reclaim the narrative?

Bernard Arnault reaffirmed his confidence in LVMH even as stagnant sales, a tumbling share price and questions over succession have dented its image. Can the world’s largest luxury group reclaim the narrative?

CEO Luca de Meo outlined manufacturing synergies, threw cold water on the group’s Valentino acquisition and shared some stealthy forecasts for Gucci’s growth as part of a sweeping strategy overhaul. Will it work?

CEO Luca de Meo outlined manufacturing synergies, threw cold water on the group’s Valentino acquisition and shared some stealthy forecasts for Gucci’s growth as part of a sweeping strategy overhaul. Will it work?

In this week’s High Margin newsletter: First-quarter sales at LVMH, Kering and Hermès will take the temperature on whether luxury’s turnaround effort is translating to sales. Plus: Galeries Lafayette’s strategy, Brunello Cucinelli’s sales beat and Robert’s favourite store in France.

In this week’s High Margin newsletter: First-quarter sales at LVMH, Kering and Hermès will take the temperature on whether luxury’s turnaround effort is translating to sales. Plus: Galeries Lafayette’s strategy, Brunello Cucinelli’s sales beat and Robert’s favourite store in France.
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.