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.
Malaysia
Global Markets
Relief in Southeast Asia As Trump’s Tariffs Level Playing Field
Major garment producers like Vietnam and Cambodia now face similar tariff rates of around 20 percent, lower than previously threatened.
Relief in Southeast Asia As Trump’s Tariffs Level Playing Field
Major garment producers like Vietnam and Cambodia now face similar tariff rates of around 20 percent, lower than previously threatened.
Global Markets
FashionValet Founders Charged After Wealth Fund Losses
Founders of the Malaysian modest fashion company, Vivy Yusof and Fadzarudin Shah Anuar, both pleaded not guilty to local prosecutors’ charges of criminal breach of trust over alleged misuse of funds.
FashionValet Founders Charged After Wealth Fund Losses
Founders of the Malaysian modest fashion company, Vivy Yusof and Fadzarudin Shah Anuar, both pleaded not guilty to local prosecutors’ charges of criminal breach of trust over alleged misuse of funds.
Global Markets
Modest Fashion’s Big Asia Opportunity
Global players, as well as brands and retailers from neighbouring Southeast Asian countries, are coming up against growing consumer loyalty for local players as well as hyper-localised business environments and cultural needs.
Modest Fashion’s Big Asia Opportunity
Global players, as well as brands and retailers from neighbouring Southeast Asian countries, are coming up against growing consumer loyalty for local players as well as hyper-localised business environments and cultural needs.
Beauty
Can Halal Cosmetics Ride the Clean Beauty Wave?
Halal cosmetics are gaining traction beyond the core demographic of observant Muslim consumers thanks to the vegan and ethical beauty movements. But running a halal brand has its challenges.
Can Halal Cosmetics Ride the Clean Beauty Wave?
Halal cosmetics are gaining traction beyond the core demographic of observant Muslim consumers thanks to the vegan and ethical beauty movements. But running a halal brand has its challenges.
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News & Analysis
Alibaba Group President Faces Criminal Charges in Malaysian Bond Scandal
Michael Evans, like 16 others charged, now faces custodial sentences and criminal fines in a case with global ramifications.
Alibaba Group President Faces Criminal Charges in Malaysian Bond Scandal
Michael Evans, like 16 others charged, now faces custodial sentences and criminal fines in a case with global ramifications.
News & Analysis
Alibaba Confirms Regional Logistics Hub in Malaysia
The company confirmed reports that it will set up a logistics hub in the Malaysian capital that will serve as the Chinese e-commerce company's regional distribution hub.
Alibaba Confirms Regional Logistics Hub in Malaysia
The company confirmed reports that it will set up a logistics hub in the Malaysian capital that will serve as the Chinese e-commerce company's regional distribution hub.
Financial Markets
Report: Jack Ma to Launch Alibaba Distribution Hub in Malaysia
The hub would be sited within a 24,700-acre development led by airport operator Malaysia Airports Holdings that is expected to generate more than $1.58 billion worth of domestic and foreign investments.
Report: Jack Ma to Launch Alibaba Distribution Hub in Malaysia
The hub would be sited within a 24,700-acre development led by airport operator Malaysia Airports Holdings that is expected to generate more than $1.58 billion worth of domestic and foreign investments.
News & Analysis
Malaysia’s Growth Slows Less Than Expected on Exports, Services
Malaysia’s economic growth slowed less than expected after overseas shipments and factory output held up, a rebound that may prove short-lived as investment falters.
Malaysia’s Growth Slows Less Than Expected on Exports, Services
Malaysia’s economic growth slowed less than expected after overseas shipments and factory output held up, a rebound that may prove short-lived as investment falters.
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Technology
Bits & Bytes | Asos Shares Tumble, E-Com Booms in Emerging Markets
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Asos Shares Tumble, E-Com Booms in Emerging Markets
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Global Markets
Malaysia's Magnetic Pull
Comprehending Malaysia’s dynamic fashion market is about understanding its fans and neighbours as much as its melting pot culture. This instalment of Market GPS is sponsored by Marvin Traub Associates.
Malaysia's Magnetic Pull
Comprehending Malaysia’s dynamic fashion market is about understanding its fans and neighbours as much as its melting pot culture. This instalment of Market GPS is sponsored by Marvin Traub Associates.
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.