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.
India
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.
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
What’s Holding Back India’s Resale Market?
Recent startup failures have exposed the gap between bullish growth forecasts and commercial realities in India’s secondhand fashion sector, where cultural taboos, fragmentation and limited scalability continue to thwart ambitions.
What’s Holding Back India’s Resale Market?
Recent startup failures have exposed the gap between bullish growth forecasts and commercial realities in India’s secondhand fashion sector, where cultural taboos, fragmentation and limited scalability continue to thwart ambitions.
Retail
India’s Tata Group Plans 100 Annual Stores for Its Westside Brand
The Mumbai-based conglomerate aims to double the pace of store openings for its premium clothing brand to reinvigorate growth.
India’s Tata Group Plans 100 Annual Stores for Its Westside Brand
The Mumbai-based conglomerate aims to double the pace of store openings for its premium clothing brand to reinvigorate growth.
Global Markets
Indian Textile Stocks Outperform on Trade Deal Optimism
Suppliers to retailers including Gap and Walmart are beating the broader market as investors bet India’s new trade agreements and shifting sourcing patterns will boost exports.
Indian Textile Stocks Outperform on Trade Deal Optimism
Suppliers to retailers including Gap and Walmart are beating the broader market as investors bet India’s new trade agreements and shifting sourcing patterns will boost exports.
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Global Markets
How India’s Aditya Birla Built a Billion-Dollar Fashion Empire
The mining-to-textiles giant’s fashion arm has grown into one of India’s largest players, spanning dozens of homegrown brands and retail partnerships with global names like Reebok, Ralph Lauren and Galeries Lafayette.
How India’s Aditya Birla Built a Billion-Dollar Fashion Empire
The mining-to-textiles giant’s fashion arm has grown into one of India’s largest players, spanning dozens of homegrown brands and retail partnerships with global names like Reebok, Ralph Lauren and Galeries Lafayette.
Stores
New Balance’s India Partner to Introduce More Global Brands in Expansion
Brandman Retail plans to bring brands such as Salomon and Anta to the Indian market and more than quintuple its store count by 2028, betting on rising demand for global labels.
New Balance’s India Partner to Introduce More Global Brands in Expansion
Brandman Retail plans to bring brands such as Salomon and Anta to the Indian market and more than quintuple its store count by 2028, betting on rising demand for global labels.
Global Markets
The Malls Powering Luxury Sales in India
A handful of malls with prime locations, smart zoning and crowd-pulling anchor brands have emerged as standout properties in the fast-growing Indian market.
The Malls Powering Luxury Sales in India
A handful of malls with prime locations, smart zoning and crowd-pulling anchor brands have emerged as standout properties in the fast-growing Indian market.
Retail
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
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Global Markets
India and European Union Sign Free Trade Agreement
The deal is expected to ease market access for key European products, including cars and wine, in return for easier Indian exports of textiles, gems and pharmaceuticals.
India and European Union Sign Free Trade Agreement
The deal is expected to ease market access for key European products, including cars and wine, in return for easier Indian exports of textiles, gems and pharmaceuticals.
Beauty
L’Oréal to Invest $383 Million in Indian Tech Hub
French cosmetics giant L’Oréal said on Wednesday it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion rupees ($383.4 million).
L’Oréal to Invest $383 Million in Indian Tech Hub
French cosmetics giant L’Oréal said on Wednesday it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion rupees ($383.4 million).
Luxury
De Beers Bets on India’s Rich to Boost Natural Diamond Demand
The unit of Anglo American Plc is opening its fifth and largest global ‘Forevermark’ store in Mumbai this week and plans to reach 25 outlets nationwide by the end of 2026.
De Beers Bets on India’s Rich to Boost Natural Diamond Demand
The unit of Anglo American Plc is opening its fifth and largest global ‘Forevermark’ store in Mumbai this week and plans to reach 25 outlets nationwide by the end of 2026.
Retail
Rising Rivalry Slashes $20 Billion Value in Indian Fashion Chain
Trent Ltd. shares sank nearly 40 percent in 2025, marking the retailer’s first annual decline in more than a decade.
Rising Rivalry Slashes $20 Billion Value in Indian Fashion Chain
Trent Ltd. shares sank nearly 40 percent in 2025, marking the retailer’s first annual decline in more than a decade.
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.