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.
Letter From The Editor
Luxury
How Luxury Lost 50 Million Customers
Price hikes, diminished quality, growing inequality and the meaning of luxury itself were under the microscope at the FT’s Business of Luxury Summit this week as the sector struggles to recover from a downturn, writes Imran Amed.
How Luxury Lost 50 Million Customers
Price hikes, diminished quality, growing inequality and the meaning of luxury itself were under the microscope at the FT’s Business of Luxury Summit this week as the sector struggles to recover from a downturn, writes Imran Amed.
Creative Class
The Acts of Love Behind Milan Design Week
From a six-person ceramics studio to the chief design officer of one of the world’s biggest technology companies, Salone del Mobile remains the place where you feel the full spectrum of what design means today, writes Imran Amed.
The Acts of Love Behind Milan Design Week
From a six-person ceramics studio to the chief design officer of one of the world’s biggest technology companies, Salone del Mobile remains the place where you feel the full spectrum of what design means today, writes Imran Amed.
Luxury
The Fashion Bubble, Seen From Washington, DC
From handbag spotting to hyperscalers, Imran Amed reports from Semafor World Economy on the two subjects consuming the world's most powerful CEOs and policy leaders — and what they mean for fashion.
The Fashion Bubble, Seen From Washington, DC
From handbag spotting to hyperscalers, Imran Amed reports from Semafor World Economy on the two subjects consuming the world's most powerful CEOs and policy leaders — and what they mean for fashion.
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Global Markets
Dispatches From Shanghai: Inside China’s New Luxury Landscape
On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?
Dispatches From Shanghai: Inside China’s New Luxury Landscape
On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?
Retail
The Industry That Eats Its Young
Small fashion labels have always been shortchanged by their wholesale partners. A wave of high-profile bankruptcies has turned a structural injustice into an existential crisis. There is a better way to do business, writes Imran Amed.
The Industry That Eats Its Young
Small fashion labels have always been shortchanged by their wholesale partners. A wave of high-profile bankruptcies has turned a structural injustice into an existential crisis. There is a better way to do business, writes Imran Amed.
Fashion Week
The Season That Was: Signals From Fashion’s Front Lines
From the impact of the war in the Middle East to the future of Saks to the Kering conundrum, Imran Amed shares his intel and insight from the trenches of the latest ‘fashion month.’
The Season That Was: Signals From Fashion’s Front Lines
From the impact of the war in the Middle East to the future of Saks to the Kering conundrum, Imran Amed shares his intel and insight from the trenches of the latest ‘fashion month.’
Luxury
Can We Fix the Fashion System?
An informal survey of BoF readers reveals a glaring gap between fashion’s senior executives and frontline workers on the most critical issues facing the industry in 2026, writes Imran Amed.
Can We Fix the Fashion System?
An informal survey of BoF readers reveals a glaring gap between fashion’s senior executives and frontline workers on the most critical issues facing the industry in 2026, writes Imran Amed.
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Luxury
Dario Vitale’s Versace Exit: The Backstory
Vitale may not be the right fit for Prada’s Versace strategy but a healthy fashion system depends on creative renewal powered by young talent, writes Imran Amed.
Dario Vitale’s Versace Exit: The Backstory
Vitale may not be the right fit for Prada’s Versace strategy but a healthy fashion system depends on creative renewal powered by young talent, writes Imran Amed.
Technology
Tracking Fashion Brand Performance in the Age of AI
Our new AI-powered tool, BoF Insights Brand Pulse, evaluates fashion brand performance across five dimensions — Discoverability, Identity, Value, Connection and Love — combining digital signals and consumer conversations to measure brand performance in an easy-to-use dashboard.
Tracking Fashion Brand Performance in the Age of AI
Our new AI-powered tool, BoF Insights Brand Pulse, evaluates fashion brand performance across five dimensions — Discoverability, Identity, Value, Connection and Love — combining digital signals and consumer conversations to measure brand performance in an easy-to-use dashboard.
Luxury
Amazing Grace Wales Bonner
The British-Jamaican designer and Hermès are a perfect match, writes Imran Amed.
Amazing Grace Wales Bonner
The British-Jamaican designer and Hermès are a perfect match, writes Imran Amed.
Luxury
Luxury Crosses Fingers for a Rebound
LVMH’s results and the subsequent share price rally seem to be more a reflection of hope than concrete evidence of a luxury rebound, writes Imran Amed.
Luxury Crosses Fingers for a Rebound
LVMH’s results and the subsequent share price rally seem to be more a reflection of hope than concrete evidence of a luxury rebound, writes Imran Amed.
The News in Brief
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.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
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.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
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.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
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.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.