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.
Seoul, China
Retail
South Korea's Lotte Reports Store Closures in China Amid Political Stand-Off
The Lotte closures are the latest in a series of incidents affecting South Korean companies in China after cyber attacks and a ban on sales of travel tours to South Korea.
South Korea's Lotte Reports Store Closures in China Amid Political Stand-Off
The Lotte closures are the latest in a series of incidents affecting South Korean companies in China after cyber attacks and a ban on sales of travel tours to South Korea.
China
Will China Burst the K-Pop Bubble?
As tensions between the two countries soar, China is cracking down on the influx of K-pop culture. What could that mean for the global fashion industry?
Will China Burst the K-Pop Bubble?
As tensions between the two countries soar, China is cracking down on the influx of K-pop culture. What could that mean for the global fashion industry?
Global Markets
South Korean Consumer Shares Tumble as China Relations Cool
South Korean consumer shares, 2015’s stock-market darlings as tourists from China flocked to Seoul department stores, are now among the nation’s worst performers this year as a missile spat cools relations between the neighbours.
South Korean Consumer Shares Tumble as China Relations Cool
South Korean consumer shares, 2015’s stock-market darlings as tourists from China flocked to Seoul department stores, are now among the nation’s worst performers this year as a missile spat cools relations between the neighbours.
Global Markets
The Digital Asia Effect
The worlds of fashion and entertainment are getting even more tangled as a new gang of digitally-enabled front row fixtures from Korea, Japan and China redefine cool and how it is sold to a global audience.
The Digital Asia Effect
The worlds of fashion and entertainment are getting even more tangled as a new gang of digitally-enabled front row fixtures from Korea, Japan and China redefine cool and how it is sold to a global audience.
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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.