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.
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Beauty
Elf Shares Climb as It Boosts Revenue Outlook
The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million.
Elf Shares Climb as It Boosts Revenue Outlook
The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million.
News & Analysis
Op-Ed | Bret Easton Ellis: Is Inclusivity Good for Fashion?
In a controversial essay in the latest issue of Vogue Italia, American novelist Bret Easton Ellis argues that inclusivity is destroying what made the fashion world so alluring in the first place.
Op-Ed | Bret Easton Ellis: Is Inclusivity Good for Fashion?
In a controversial essay in the latest issue of Vogue Italia, American novelist Bret Easton Ellis argues that inclusivity is destroying what made the fashion world so alluring in the first place.
Technology
Google Spends $40 Million on Watch Tech to Fight Apple
The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.
Google Spends $40 Million on Watch Tech to Fight Apple
The Alphabet Inc. unit agreed to acquire Fossil Group intellectual property in a bid to boost the search giant’s nascent efforts in the category.
Media
Apple’s ‘Netflix for Magazines’ Getting a Chilly Reception
Apple is trying woo newspapers like the WSJ and NYT to join Texture, an app that offers unlimited access to about 200 magazines. But can the tech giant disrupt publishing like it disrupted music?
Apple’s ‘Netflix for Magazines’ Getting a Chilly Reception
Apple is trying woo newspapers like the WSJ and NYT to join Texture, an app that offers unlimited access to about 200 magazines. But can the tech giant disrupt publishing like it disrupted music?
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Beauty
E.l.f. Beauty Tops Profit Forecasts
The 'fast beauty' brand reported fourth-quarter profit of $21.5 million.
E.l.f. Beauty Tops Profit Forecasts
The 'fast beauty' brand reported fourth-quarter profit of $21.5 million.
News & Analysis
Facebook Went Down for Some Global Users of Social Network
Two billion users were affected after a technical error blocked access to the social media site.
Facebook Went Down for Some Global Users of Social Network
Two billion users were affected after a technical error blocked access to the social media site.
Retail
Pacific Sunwear Preparing for Chapter 11 Bankruptcy Filing
Struggling surfwear chain Pacific Sunwear of California Inc is preparing to file for bankruptcy.
Pacific Sunwear Preparing for Chapter 11 Bankruptcy Filing
Struggling surfwear chain Pacific Sunwear of California Inc is preparing to file for bankruptcy.
News & Analysis
Quiksilver Said to Be Near Bankruptcy Deal With Junior Creditors
After months of disputes, Quiksilver Inc. is close to reaching a deal on how much its junior creditors will be paid in the company’s bankruptcy settlement.
Quiksilver Said to Be Near Bankruptcy Deal With Junior Creditors
After months of disputes, Quiksilver Inc. is close to reaching a deal on how much its junior creditors will be paid in the company’s bankruptcy settlement.
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Retail
Teenage Wasteland: Can Wet Seal Be Saved?
At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.
Teenage Wasteland: Can Wet Seal Be Saved?
At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.
Technology
Yahoo Said to Pay $230 Million for Shopping Site Polyvore
Yahoo! Inc. is paying about $230 million for shopping service Polyvore Inc. as the Internet portal seeks new ways to draw in users and advertisers.
Yahoo Said to Pay $230 Million for Shopping Site Polyvore
Yahoo! Inc. is paying about $230 million for shopping service Polyvore Inc. as the Internet portal seeks new ways to draw in users and advertisers.
Marketing
Google Says ‘Buy’ Button Coming to Online Advertising Service
Google Inc. plans to unveil a “buy” button for its advertising service, stepping up pressure on rival Amazon.com Inc. as the company moves deeper into online commerce.
Google Says ‘Buy’ Button Coming to Online Advertising Service
Google Inc. plans to unveil a “buy” button for its advertising service, stepping up pressure on rival Amazon.com Inc. as the company moves deeper into online commerce.
Financial Markets
Quiksilver Shares Plunge After Surfwear Chain Replaces CEO, CFO
Quiksilver Inc. shares plunged as much as 16 percent after the struggling surfwear chain replaced its top executives and restated earnings results.
Quiksilver Shares Plunge After Surfwear Chain Replaces CEO, CFO
Quiksilver Inc. shares plunged as much as 16 percent after the struggling surfwear chain replaced its top executives and restated earnings results.
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.