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.
Sydney, Australia
Beauty
The Festival Where Haircutting Is a Spectator Sport
At Sydney’s Hair festival, professionals from the hair industry put their locks on show — and jostle for a view of the live cutting competition.
The Festival Where Haircutting Is a Spectator Sport
At Sydney’s Hair festival, professionals from the hair industry put their locks on show — and jostle for a view of the live cutting competition.
Sustainability
In Crisis, Don’t Ditch Sustainability
Under severe economic pressure, it’s tempting to see social responsibility as dispensable, but it’s as essential as ever to long-term strategy, argues Clare Press.
In Crisis, Don’t Ditch Sustainability
Under severe economic pressure, it’s tempting to see social responsibility as dispensable, but it’s as essential as ever to long-term strategy, argues Clare Press.
Financial Markets
Amazon Posts Small Loss in Australia
The US company launched its website on December 5 racking up a modest loss of £5.09 million, after rattling established bricks-and-mortar retailers.
Amazon Posts Small Loss in Australia
The US company launched its website on December 5 racking up a modest loss of £5.09 million, after rattling established bricks-and-mortar retailers.
News & Analysis
Online Shopping Boom Keeps Hopes High for Air Freight Profits
An explosion of e-commerce demand is boosting profit at some major airlines despite global trade tensions.
Online Shopping Boom Keeps Hopes High for Air Freight Profits
An explosion of e-commerce demand is boosting profit at some major airlines despite global trade tensions.
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News & Analysis
Amazon Cuts Australia From Its US Site to Avoid Sales Import Tax
The move will drive traffic to Amazon's Australian website, which has drawn criticism for a thin product range and uncompetitive prices.
Amazon Cuts Australia From Its US Site to Avoid Sales Import Tax
The move will drive traffic to Amazon's Australian website, which has drawn criticism for a thin product range and uncompetitive prices.
Fashion Week
Turbulent Times in Australian Retail
Heritage retailers and global e-tailers are locked in battle for the Australian consumer, pitting old guard against new guard while fashion brands get caught in the crossfire.
Turbulent Times in Australian Retail
Heritage retailers and global e-tailers are locked in battle for the Australian consumer, pitting old guard against new guard while fashion brands get caught in the crossfire.
Sustainability
Sustainable Fashion Takes Charge in Australia
Australia's fashion industry is turning to sustainability to reshape its perception on the global stage.
Sustainable Fashion Takes Charge in Australia
Australia's fashion industry is turning to sustainability to reshape its perception on the global stage.
News & Analysis
Amazon Launches 'Fulfillment by Amazon' for Merchants in Australia
The move underscores how the company aims to speed up delivery for shoppers and make its services more compelling.
Amazon Launches 'Fulfillment by Amazon' for Merchants in Australia
The move underscores how the company aims to speed up delivery for shoppers and make its services more compelling.
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Global Markets
Amazon Seeks to Conquer New Continent With Push Into Australia
Australia presents a new challenge for Amazon as a sparsely populated, but large, continent that already has a few local web retailers up and running.
Amazon Seeks to Conquer New Continent With Push Into Australia
Australia presents a new challenge for Amazon as a sparsely populated, but large, continent that already has a few local web retailers up and running.
News & Analysis
Amazon to Help Boost Australian Retailers' Online Sales
Analysts predict Amazon’s arrival will haul the country’s lagging online sales to 10 percent of total retail spending — up from about 7.4 percent this year.
Amazon to Help Boost Australian Retailers' Online Sales
Analysts predict Amazon’s arrival will haul the country’s lagging online sales to 10 percent of total retail spending — up from about 7.4 percent this year.
Retail
How a Designer Collaboration Transformed the Business of Le Specs
The once-sleepy Australian eyewear label is on track to become a $100 million brand, thanks, at least in part, to the blockbuster — and somewhat unexpected — success of its partnership with womenswear designer Adam Selman.
How a Designer Collaboration Transformed the Business of Le Specs
The once-sleepy Australian eyewear label is on track to become a $100 million brand, thanks, at least in part, to the blockbuster — and somewhat unexpected — success of its partnership with womenswear designer Adam Selman.
News & Analysis
Amazon Says Australia Launch Imminent
While the e-commerce giant did not give a precise date, it is expected goods will ship from its first Australian warehouse in time for the end-of-year holiday season.
Amazon Says Australia Launch Imminent
While the e-commerce giant did not give a precise date, it is expected goods will ship from its first Australian warehouse in time for the end-of-year holiday season.
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.