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.
accessories
Latest News & Analysis
Luxury
Why Chloé Picked Gabriela Hearst
The New York-based Uruguayan designer succeeds Natacha Ramsay-Levi at the Richemont-owned label, bringing a track record of success in handbags and a passion for eco-friendly practises.
Why Chloé Picked Gabriela Hearst
The New York-based Uruguayan designer succeeds Natacha Ramsay-Levi at the Richemont-owned label, bringing a track record of success in handbags and a passion for eco-friendly practises.
Luxury
The BoF Podcast: Stephen Jones Says the Constant Quest for Perfection Often Kills Spontaneity
Celebrated milliner Stephen Jones talks to BoF Editor-at-Large Tim Blanks about how the pandemic has signalled an opportunity to reshape the fashion industry.
The BoF Podcast: Stephen Jones Says the Constant Quest for Perfection Often Kills Spontaneity
Celebrated milliner Stephen Jones talks to BoF Editor-at-Large Tim Blanks about how the pandemic has signalled an opportunity to reshape the fashion industry.
Retail
Swatch Group Posts Its First Half Year Loss
The Swiss watchmaker reported a net loss of $327 million in the first half of 2020 and saw sales drop 46.1 percent.
Swatch Group Posts Its First Half Year Loss
The Swiss watchmaker reported a net loss of $327 million in the first half of 2020 and saw sales drop 46.1 percent.
China
Gold Lacks Appeal for Young Chinese Luxury Shoppers
Just 12 percent of those aged 18 to 22 intend to buy gold jewellery in the coming year.
Gold Lacks Appeal for Young Chinese Luxury Shoppers
Just 12 percent of those aged 18 to 22 intend to buy gold jewellery in the coming year.
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Luxury
Unpacking LVMH’s Donald Trump Moment
On Thursday, LVMH Chairman and Chief Executive Bernard Arnault and US President Donald Trump inaugurated a new Louis Vuitton factory in Johnson County, Texas, which comes with a commitment by the French luxury group to create 1,000 American jobs over the next five years. What does it all mean?
Unpacking LVMH’s Donald Trump Moment
On Thursday, LVMH Chairman and Chief Executive Bernard Arnault and US President Donald Trump inaugurated a new Louis Vuitton factory in Johnson County, Texas, which comes with a commitment by the French luxury group to create 1,000 American jobs over the next five years. What does it all mean?
Luxury
Gucci’s GG Logo Belt Is the Accessory Hit That Keeps on Giving
Sweet-spot pricing, clever merchandising and heavy social media appeal has made the logo belt a blockbuster product for the Italian megabrand. But how long can its magic last?
Gucci’s GG Logo Belt Is the Accessory Hit That Keeps on Giving
Sweet-spot pricing, clever merchandising and heavy social media appeal has made the logo belt a blockbuster product for the Italian megabrand. But how long can its magic last?
News & Analysis
Tapestry Shares Tumble as Kate Spade Sales Weaken
Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand.
Tapestry Shares Tumble as Kate Spade Sales Weaken
Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand.
News & Analysis
Galvan to Launch Accessible Luxury Handbags
The London-based evening wear brand will offer a new line of clutches and small handbags priced between $450 and $895.
Galvan to Launch Accessible Luxury Handbags
The London-based evening wear brand will offer a new line of clutches and small handbags priced between $450 and $895.
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Retail
Ancient Greek Sandals Finally Plants a Flag in Athens
The footwear brand is opening its first flagship store in the Greek capital, while also launching new products such as handbags, anklets and candles.
Ancient Greek Sandals Finally Plants a Flag in Athens
The footwear brand is opening its first flagship store in the Greek capital, while also launching new products such as handbags, anklets and candles.
Luxury
Can Baselworld Catch Up With the Times?
The watch industry's biggest trade fair is promising an overhaul as attendance plummets. But as brands rely more on direct sales, some question the need for an annual gathering at all.
Can Baselworld Catch Up With the Times?
The watch industry's biggest trade fair is promising an overhaul as attendance plummets. But as brands rely more on direct sales, some question the need for an annual gathering at all.
News & Analysis
Anya Hindmarch Sold to Marandi Family
The brand has parted ways with long-time Qatari backer Mayhoola for Investments after a challenging period of restructuring.
Anya Hindmarch Sold to Marandi Family
The brand has parted ways with long-time Qatari backer Mayhoola for Investments after a challenging period of restructuring.
Luxury
Swiss Watchmakers Say Slowing Growth in China Won't Hurt Sales
Swiss watchmakers are confident they can grow sales this year even in the face of a cooling Chinese economy thanks to strengthening demand elsewhere, executives told Reuters at an industry fair on Thursday.
Swiss Watchmakers Say Slowing Growth in China Won't Hurt Sales
Swiss watchmakers are confident they can grow sales this year even in the face of a cooling Chinese economy thanks to strengthening demand elsewhere, executives told Reuters at an industry fair on Thursday.
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.