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.
Italy
Luxury
La Perla Hires Former Gucci Executive Alessio Vannetti as CEO
The appointment is part of the Italian lingerie brand’s turnaround strategy following last year’s acquisition out of bankruptcy by Peter Kern.
La Perla Hires Former Gucci Executive Alessio Vannetti as CEO
The appointment is part of the Italian lingerie brand’s turnaround strategy following last year’s acquisition out of bankruptcy by Peter Kern.
Fashion Week
Fendi’s Austere New Era
Maria Grazia Chiuri’s haute couture debut for Fendi was technically faultless but oddly somber, writes Angelo Flaccavento.
Fendi’s Austere New Era
Maria Grazia Chiuri’s haute couture debut for Fendi was technically faultless but oddly somber, writes Angelo Flaccavento.
Luxury
Versace CEO Emmanuel Gintzburger Resigns
The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.
Versace CEO Emmanuel Gintzburger Resigns
The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.
Fashion Week
In Milan, Less Was (Mostly) More
A sense of focus ran through the Milan men’s shows this season. Exhibit A: the radical reductionism at closely watched Prada.
In Milan, Less Was (Mostly) More
A sense of focus ran through the Milan men’s shows this season. Exhibit A: the radical reductionism at closely watched Prada.
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Fashion Week
At Pitti Uomo, Rebels Real and Faux
Simone Rocha stole the show this season with a men’s presentation full of quiet rebellion, reports Angelo Flaccavento.
At Pitti Uomo, Rebels Real and Faux
Simone Rocha stole the show this season with a men’s presentation full of quiet rebellion, reports Angelo Flaccavento.
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.
Luxury
Exclusive: Marquee Brands to Acquire Roberto Cavalli
The Italian brand known for its animal prints and flamboyant aesthetic will be taken over by the brand management company behind Martha Stewart.
Exclusive: Marquee Brands to Acquire Roberto Cavalli
The Italian brand known for its animal prints and flamboyant aesthetic will be taken over by the brand management company behind Martha Stewart.
Sustainability
Milan Fashion Week Will Ask Brands Not to Show Fur
The National Chamber of Italian Fashion will no longer promote fur at events or on social media.
Milan Fashion Week Will Ask Brands Not to Show Fur
The National Chamber of Italian Fashion will no longer promote fur at events or on social media.
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Luxury
Ferragamo Names Yigit Turhan Chief Brand Officer
The former Valentino CMO is set to take up the new role as Ferragamo pushes ahead with its turnaround efforts.
Ferragamo Names Yigit Turhan Chief Brand Officer
The former Valentino CMO is set to take up the new role as Ferragamo pushes ahead with its turnaround efforts.
Luxury
Fondazione Sozzani Launches Award for Emerging Creative Talent
The annual Sozzani Award will recognise budding creatives across photography, fashion and artisan craft. The winner of the inaugural edition will be announced during Milan Fashion Week in September.
Fondazione Sozzani Launches Award for Emerging Creative Talent
The annual Sozzani Award will recognise budding creatives across photography, fashion and artisan craft. The winner of the inaugural edition will be announced during Milan Fashion Week in September.
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.
Creative Class
What Stood Out at Salone
Martina Mondadori separates the signal from the noise at Milan Design Week: Dimorestudio’s retail space, Osanna Visconti’s bronzes, Laila Gohar’s merry-go-round for Arket and more.
What Stood Out at Salone
Martina Mondadori separates the signal from the noise at Milan Design Week: Dimorestudio’s retail space, Osanna Visconti’s bronzes, Laila Gohar’s merry-go-round for Arket and more.
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.