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.

The luxury department store company plans to win shoppers with redesigned stores, faster shipping and digitised personal shopping.

The luxury department store company plans to win shoppers with redesigned stores, faster shipping and digitised personal shopping.

The multi-brand retailer hasn't announced plans to reopen and is operating with a skeleton crew, weeks after the lockdown was lifted in its home state of Texas.

The multi-brand retailer hasn't announced plans to reopen and is operating with a skeleton crew, weeks after the lockdown was lifted in its home state of Texas.

A letter by the creditor suggests that combining the two luxury retailers would create between $2.8 billion and $4.7 billion of value.

A letter by the creditor suggests that combining the two luxury retailers would create between $2.8 billion and $4.7 billion of value.

The luxury department store arranged $675 million of debtor-in-possession financing to aid operations while it attempts to reorganise.

The luxury department store arranged $675 million of debtor-in-possession financing to aid operations while it attempts to reorganise.
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States including Texas, Georgia and South Carolina are allowing stores to resume business. But no one knows if shoppers will even want to come back — much less spend money on clothing.

States including Texas, Georgia and South Carolina are allowing stores to resume business. But no one knows if shoppers will even want to come back — much less spend money on clothing.

The luxury retailer is struggling to ease its $4.3 billion debt load, according to a report by Bloomberg.

The luxury retailer is struggling to ease its $4.3 billion debt load, according to a report by Bloomberg.

This week, Bernard Arnault and Donald Trump inaugurated a new Louis Vuitton factory in Texas. More efficiently meeting local demand, the politics of ‘Made in the USA’ and the threat of future tariffs on European goods were likely key factors in the decision. But the fanfare also underscored on how luxury’s supply chain is coming under greater scrutiny and who’s best positioned to come out ahead.

This week, Bernard Arnault and Donald Trump inaugurated a new Louis Vuitton factory in Texas. More efficiently meeting local demand, the politics of ‘Made in the USA’ and the threat of future tariffs on European goods were likely key factors in the decision. But the fanfare also underscored on how luxury’s supply chain is coming under greater scrutiny and who’s best positioned to come out ahead.

Like many retailers in the plus-sized market, Avenue has been under pressure as rivals such as Amazon and Target encroach on the space.

Like many retailers in the plus-sized market, Avenue has been under pressure as rivals such as Amazon and Target encroach on the space.
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The agreement is a step toward restructuring borrowings for the heavily indebted company.

The agreement is a step toward restructuring borrowings for the heavily indebted company.

Marble Ridge’s suit alleges that the shuffle of e-commerce unit MyTheresa constituted a “fraudulent transfer of assets totaling approximately $1 billion of value for no consideration."

Marble Ridge’s suit alleges that the shuffle of e-commerce unit MyTheresa constituted a “fraudulent transfer of assets totaling approximately $1 billion of value for no consideration."

The retailer's push to scrap as much of its inventory as possible through bulk sales may spell more pain in the short term and put additional pressure on margins.

The retailer's push to scrap as much of its inventory as possible through bulk sales may spell more pain in the short term and put additional pressure on margins.

Tina Craig, Suzanne Droese and Lynsey Eaton speak to BoF about launching 'Estate Five' and how they plan to redefine influencer management.

Tina Craig, Suzanne Droese and Lynsey Eaton speak to BoF about launching 'Estate Five' and how they plan to redefine influencer management.
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.
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.
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
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.
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
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.
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.
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.