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.
Rome, Italy
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
Gucci Staff Threaten to Strike Over Welfare Payment Dispute
Around 1,000 retail and logistics employees across Italy declared a ‘state of unrest’ after accusing the Kering-owned brand of withholding a promised welfare bonus.
Gucci Staff Threaten to Strike Over Welfare Payment Dispute
Around 1,000 retail and logistics employees across Italy declared a ‘state of unrest’ after accusing the Kering-owned brand of withholding a promised welfare bonus.
Retail
Italian Competition Authority Hits Shein with €1 Million Greenwashing Fine
The Singapore-headquartered fast fashion retailer was fined for misleading customers about the environmental impact of its products in its second financial sanction by a European competition authority in little more than a month.
Italian Competition Authority Hits Shein with €1 Million Greenwashing Fine
The Singapore-headquartered fast fashion retailer was fined for misleading customers about the environmental impact of its products in its second financial sanction by a European competition authority in little more than a month.
Luxury
Italy’s Cucinelli Posts 10.7% Increase in First Half Revenues
The Italian luxury label posted stronger-than-expected revenues and reaffirmed double-digit growth targets through 2026.
Italy’s Cucinelli Posts 10.7% Increase in First Half Revenues
The Italian luxury label posted stronger-than-expected revenues and reaffirmed double-digit growth targets through 2026.
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Global Markets
Italy Locks Down Milan and Much of Industrial North
Unlike Italy's national lockdown in the spring, all factories will remain open.
Italy Locks Down Milan and Much of Industrial North
Unlike Italy's national lockdown in the spring, all factories will remain open.
Luxury
Bulgari to Focus on Local Customers as Covid Wipes Out Tourism
The LVMH-owned jeweller is especially focusing on China, where domestic consumers are seeking retail therapy as the pandemic continues to curb international travel.
Bulgari to Focus on Local Customers as Covid Wipes Out Tourism
The LVMH-owned jeweller is especially focusing on China, where domestic consumers are seeking retail therapy as the pandemic continues to curb international travel.
Fashion Week
Valentino Delivered the Digital Experience the Industry Has Been Waiting For
Designer Pierpaolo Piccioli says digital can be a new communication tool in fashion as long as the human remains at the centre.
Valentino Delivered the Digital Experience the Industry Has Been Waiting For
Designer Pierpaolo Piccioli says digital can be a new communication tool in fashion as long as the human remains at the centre.
Luxury
Bulgari CEO Expects to Recover Lost Sales Within Two Years
The LVMH-owned luxury jewellery company is betting on a recovery in consumer demand, especially in countries like China which has seen an uptick in domestic spending.
Bulgari CEO Expects to Recover Lost Sales Within Two Years
The LVMH-owned luxury jewellery company is betting on a recovery in consumer demand, especially in countries like China which has seen an uptick in domestic spending.
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Workplace & Talent
At Bulgari, Unifying the Client Experience Through Digital Connectivity
As its product and experiential offering continues to grow, BoF meets directors across Bulgari’s jewellery, watch and CSR units to hear how digital tools and cross-team collaboration is enabling more impactful connections with consumers.
At Bulgari, Unifying the Client Experience Through Digital Connectivity
As its product and experiential offering continues to grow, BoF meets directors across Bulgari’s jewellery, watch and CSR units to hear how digital tools and cross-team collaboration is enabling more impactful connections with consumers.
Workplace & Talent
At Bulgari, Infusing Global Innovation with Local Heritage
BoF sits down with Bulgari’s Chief Executive Jean-Christophe Babin to hear how the 136-year-old jewellery brand can nurture personal relationships with every client through digital technology and how it is equipping its workforce with the tools for growth.
At Bulgari, Infusing Global Innovation with Local Heritage
BoF sits down with Bulgari’s Chief Executive Jean-Christophe Babin to hear how the 136-year-old jewellery brand can nurture personal relationships with every client through digital technology and how it is equipping its workforce with the tools for growth.
News & Analysis
Italy Could Use Gucci Tax Deal in Bid to Avoid EU Penalty
With the EU firing a warning shot at the country for running up high debt, Rome may cite Kering's recent $1.4 billion tax-dispute payment as evidence it can get its house in order.
Italy Could Use Gucci Tax Deal in Bid to Avoid EU Penalty
With the EU firing a warning shot at the country for running up high debt, Rome may cite Kering's recent $1.4 billion tax-dispute payment as evidence it can get its house in order.
News & Analysis
Italian Officials Inspect Working Conditions at Amazon Hub
Eleven inspectors went to the retail giant's site near Milan after unions representing its workers called a strike on Black Friday.
Italian Officials Inspect Working Conditions at Amazon Hub
Eleven inspectors went to the retail giant's site near Milan after unions representing its workers called a strike on Black Friday.
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.