Skip to main content

The News In Brief

Latest News & Analysis
Beauty

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.

Beauty

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.


News & Analysis

Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire

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.

News & Analysis

Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire

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.


Beauty

LVMH Appoints General Manager of Fragrance

Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.

Beauty

LVMH Appoints General Manager of Fragrance

Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.


Global Markets

India Changes Rule in Win for Foreign E-Commerce Companies

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.

Global Markets

India Changes Rule in Win for Foreign E-Commerce Companies

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.


ADVERTISEMENT

ADVERTISEMENT

Retail

Mike Ashley’s Frasers Boosts Hugo Boss Stake to Over 30%

After crossing the 30 percent ownership threshold, Frasers is now required to make a mandatory takeover bid under German rules.

Retail

Mike Ashley’s Frasers Boosts Hugo Boss Stake to Over 30%

After crossing the 30 percent ownership threshold, Frasers is now required to make a mandatory takeover bid under German rules.


Media

France Passes Bill to Ban Social Media for Children Under 15

Kids under 15 years old won’t be able to create new accounts from September before a full ban comes into effect in January for existing profiles.

Media

France Passes Bill to Ban Social Media for Children Under 15

Kids under 15 years old won’t be able to create new accounts from September before a full ban comes into effect in January for existing profiles.


Marketing

Nike Football Boss Says World Cup Final ‘Not What We Dreamed’

In a memo reviewed by Bloomberg News, Nike’s vice president and general manager of football acknowledged the tournament’s ending wasn’t the one the company hoped for.

Marketing

Nike Football Boss Says World Cup Final ‘Not What We Dreamed’

In a memo reviewed by Bloomberg News, Nike’s vice president and general manager of football acknowledged the tournament’s ending wasn’t the one the company hoped for.


Luxury

Swatch Reports Better First-Half Sales but Misses Profit Forecasts

Net ​sales rose 8.5 percent year on year ​at constant exchange rates, but the Swiss group’s profit was hit by negative currency effects.

Luxury

Swatch Reports Better First-Half Sales but Misses Profit Forecasts

Net ​sales rose 8.5 percent year on year ​at constant exchange rates, but the Swiss group’s profit was hit by negative currency effects.