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.
Istanbul, Turkey
Fashion Week
Placing Turkish Design Talent on the Global Fashion Map at Istanbul Fashion Week
BoF speaks to Vogue Turkey’s founding editor-in-chief on how the country’s fashion ecosystem is evolving and introduces 10 designers showcasing at Mercedes-Benz Fashion Week Istanbul to watch this season.
Placing Turkish Design Talent on the Global Fashion Map at Istanbul Fashion Week
BoF speaks to Vogue Turkey’s founding editor-in-chief on how the country’s fashion ecosystem is evolving and introduces 10 designers showcasing at Mercedes-Benz Fashion Week Istanbul to watch this season.
Luxury
Why Luxury Brands Are Suddenly a Lot Cheaper in Turkey
Shoppers have been lining up to splurge at luxury brands like Louis Vuitton, Chanel and Hermès.
Why Luxury Brands Are Suddenly a Lot Cheaper in Turkey
Shoppers have been lining up to splurge at luxury brands like Louis Vuitton, Chanel and Hermès.
Financial Markets
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Global Markets
Turkey: Troubled, Resilient and Full of Opportunity
For many fashion executives, two years of upheaval has led to uncertainty, but for others Turkey’s increasingly polarised market signals new business opportunities.
Turkey: Troubled, Resilient and Full of Opportunity
For many fashion executives, two years of upheaval has led to uncertainty, but for others Turkey’s increasingly polarised market signals new business opportunities.
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Retail
Turkish Retailer Beymen to Proceed With IPO
The luxury retailer will proceed with an Istanbul listing of up to 40 percent of its capital.
Turkish Retailer Beymen to Proceed With IPO
The luxury retailer will proceed with an Istanbul listing of up to 40 percent of its capital.
Retail
Turkish Luxury Retailer Beymen Said to Explore IPO
Its parent company plans to offer as much as 49 percent of the department store and is in talks Bank of America, Citigroup and Deutsche Bank.
Turkish Luxury Retailer Beymen Said to Explore IPO
Its parent company plans to offer as much as 49 percent of the department store and is in talks Bank of America, Citigroup and Deutsche Bank.
News & Analysis
Unpaid Turkish Garment Workers Tag Zara Items to Seek Help
The tag calls on the shopper to pressure Zara into paying garment workers and support their campaign.
Unpaid Turkish Garment Workers Tag Zara Items to Seek Help
The tag calls on the shopper to pressure Zara into paying garment workers and support their campaign.
Financial Markets
$715 Million Mavi Jeans IPO Could Be Turkey's Largest Since 2013
The deal promises to shake up a moribund market for Turkish IPOs, characterised by years of cancelled or postponed sales and short-lived listings.
$715 Million Mavi Jeans IPO Could Be Turkey's Largest Since 2013
The deal promises to shake up a moribund market for Turkish IPOs, characterised by years of cancelled or postponed sales and short-lived listings.
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Retail
Textile Company Places Rare Bet on Turkey's Kurdish Southeast
The Iskur group, a supplier to fashion brands including Zara, Adidas and Nike, sees its $100 million investment as showing the way for other companies from western Turkey to take advantage of government incentives.
Textile Company Places Rare Bet on Turkey's Kurdish Southeast
The Iskur group, a supplier to fashion brands including Zara, Adidas and Nike, sees its $100 million investment as showing the way for other companies from western Turkey to take advantage of government incentives.
Marketing
Turkey Restricts Elle Magazine to Over-18s, Citing Lewd Content
The restrictions are being imposed after some articles and photos in the March issue were deemed to be injurious to the morality of children under the age of 18.
Turkey Restricts Elle Magazine to Over-18s, Citing Lewd Content
The restrictions are being imposed after some articles and photos in the March issue were deemed to be injurious to the morality of children under the age of 18.
News & Analysis
Armed with Popular Apps, Resellers Stir Up Mid-East Market
Local resellers using WhatsApp, Telegram and Instagram are filling the gap in lucrative but isolated pockets of the Middle Eastern fashion market.
Armed with Popular Apps, Resellers Stir Up Mid-East Market
Local resellers using WhatsApp, Telegram and Instagram are filling the gap in lucrative but isolated pockets of the Middle Eastern fashion market.
Financial Markets
Young Turks: E-Commerce Start-Ups Bet On Enviable Demographics
The potential for online retail growth in Turkey is increasingly attracting overseas players and investors.
Young Turks: E-Commerce Start-Ups Bet On Enviable Demographics
The potential for online retail growth in Turkey is increasingly attracting overseas players and investors.
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.