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.
Ghana
Sustainability
Fashion Castoffs Dumped in Protected Wetlands in Ghana
Shipments of unwanted old clothes from UK and European brands have turned a conservation site into a dumping ground, according to a new investigation.
Fashion Castoffs Dumped in Protected Wetlands in Ghana
Shipments of unwanted old clothes from UK and European brands have turned a conservation site into a dumping ground, according to a new investigation.
Sustainability
Used Clothes Pile Up as Ghana’s Kantamanto Market Struggles to Rebuild After Fire
The Jan. 1 blaze destroyed much of the secondhand trading hub where many of the world’s used clothes end up.
Used Clothes Pile Up as Ghana’s Kantamanto Market Struggles to Rebuild After Fire
The Jan. 1 blaze destroyed much of the secondhand trading hub where many of the world’s used clothes end up.
Sustainability
Stop Dumping Your Cast-Offs on Us, Ghanaian Clothes Traders Tell EU
With 100 tons of clothing from the West discarded every day in Accra, ‘fast fashion’ brands must be forced to help pay for the choking textile waste they create, environmentalists say.
Stop Dumping Your Cast-Offs on Us, Ghanaian Clothes Traders Tell EU
With 100 tons of clothing from the West discarded every day in Accra, ‘fast fashion’ brands must be forced to help pay for the choking textile waste they create, environmentalists say.
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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.