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.
Mexico City, Mexico
Retail
Mexico Wants Adidas to Pay Up After Indigenous-Inspired Collaboration with Willy Chavarria
Mexico is pursuing possible legal action against Adidas after Chavarria released the 'Oaxaca Slip On,' which allegedly copies the traditional, Indigenous huarache sandal without credit or benefit to local artisans.
Mexico Wants Adidas to Pay Up After Indigenous-Inspired Collaboration with Willy Chavarria
Mexico is pursuing possible legal action against Adidas after Chavarria released the 'Oaxaca Slip On,' which allegedly copies the traditional, Indigenous huarache sandal without credit or benefit to local artisans.
Global Markets
Online Battle Heats Up in Latin America
Despite social unrest and a sluggish economy, Latin America’s fashion e-commerce sector is forecast to grow by more than 20 percent each year from 2019 to 2021. Here’s how to get in on the action.
Online Battle Heats Up in Latin America
Despite social unrest and a sluggish economy, Latin America’s fashion e-commerce sector is forecast to grow by more than 20 percent each year from 2019 to 2021. Here’s how to get in on the action.
Media
Vogue Mexico Cover Spotlights Transgender 'Muxe' Women
A culture of indigenous transgender women that has been part of southern Mexico's heritage for centuries is highlighted in the latest issue.
Vogue Mexico Cover Spotlights Transgender 'Muxe' Women
A culture of indigenous transgender women that has been part of southern Mexico's heritage for centuries is highlighted in the latest issue.
Luxury
Mexico Calls out Louis Vuitton for Using Traditional Pattern
In June, the Mexican government also questioned Carolina Herrera for 'cultural appropriation' of indigenous patterns.
Mexico Calls out Louis Vuitton for Using Traditional Pattern
In June, the Mexican government also questioned Carolina Herrera for 'cultural appropriation' of indigenous patterns.
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News & Analysis
Amazon Launches First Debit Card in Mexico
As part of its e-commerce push, the e-commerce giant has launched its first-ever debit card in Mexico.
Amazon Launches First Debit Card in Mexico
As part of its e-commerce push, the e-commerce giant has launched its first-ever debit card in Mexico.
Global Markets
The Growing Power of Latin Fashion Media
Latin America boasts a colourful deck of beloved, local magazines that continue to persuade loyal readers to buy fashion and luxury, despite turbulent times for print media.
The Growing Power of Latin Fashion Media
Latin America boasts a colourful deck of beloved, local magazines that continue to persuade loyal readers to buy fashion and luxury, despite turbulent times for print media.
News & Analysis
Amazon Becomes Mexico's Top Online Retailer in 2017, Says Report
According to a Euromonitor International report, the e-commerce giant likely doubled its sales to become the biggest internet retailer in Mexico this year, helping to grow the country's nascent e-commerce market by a third,
Amazon Becomes Mexico's Top Online Retailer in 2017, Says Report
According to a Euromonitor International report, the e-commerce giant likely doubled its sales to become the biggest internet retailer in Mexico this year, helping to grow the country's nascent e-commerce market by a third,
Global Markets
Amazon's Arrival Leaves Mexican E-Commerce Pioneer in the Dust
El Puerto de Liverpool, one of the first Mexican retailers to sell online, is quickly falling behind newer arrivals. Is it too late to catch up?
Amazon's Arrival Leaves Mexican E-Commerce Pioneer in the Dust
El Puerto de Liverpool, one of the first Mexican retailers to sell online, is quickly falling behind newer arrivals. Is it too late to catch up?
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News & Analysis
Why Amazon Orders in Mexico Need Cash and the Corner Store
While China and India have faced similar challenges, their workaround—allowing delivery people to accept cash payments—isn’t an option in Mexico because of the nation’s sky-high rates of assaults and robberies.
Why Amazon Orders in Mexico Need Cash and the Corner Store
While China and India have faced similar challenges, their workaround—allowing delivery people to accept cash payments—isn’t an option in Mexico because of the nation’s sky-high rates of assaults and robberies.
News & Analysis
Amazon Launches Cash Payments in Mexico
While the strategy aims to expand Amazon's customer base in a country where shoppers often earn their living in paper currency, it could also help to win market share from rival Wal-Mart de Mexico.
Amazon Launches Cash Payments in Mexico
While the strategy aims to expand Amazon's customer base in a country where shoppers often earn their living in paper currency, it could also help to win market share from rival Wal-Mart de Mexico.
News & Analysis
Report: Amazon Plans Mega-Warehouse for Mexico Expansion
Expected to be completed next year, the facility would triple Amazon's distribution space in Mexico, home to around 120 million potential customers.
Report: Amazon Plans Mega-Warehouse for Mexico Expansion
Expected to be completed next year, the facility would triple Amazon's distribution space in Mexico, home to around 120 million potential customers.
News & Analysis
Latin America's Fashion Business Billionaires
At least 30 percent of Latin American billionaires can thank the fashion business for part of their fortunes. But how did these fascinating characters get to the top?
Latin America's Fashion Business Billionaires
At least 30 percent of Latin American billionaires can thank the fashion business for part of their fortunes. But how did these fascinating characters get to the top?
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.