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.
acquisition
Latest News & Analysis
Luxury
Tomorrow Acquires Majority Stake in Martine Rose Label
In a first for the London-based showroom-turned-brand accelerator, the equity investment also includes a share swap, giving Martine Rose an undisclosed stake in the Tomorrow business.
Tomorrow Acquires Majority Stake in Martine Rose Label
In a first for the London-based showroom-turned-brand accelerator, the equity investment also includes a share swap, giving Martine Rose an undisclosed stake in the Tomorrow business.
Luxury
LVMH’s Tiffany Is on the Right Track
A swift management overhaul, ‘shock and awe’ marketing and new products have contributed to strong momentum since the group acquired the jeweller in January, writes Luca Solca.
LVMH’s Tiffany Is on the Right Track
A swift management overhaul, ‘shock and awe’ marketing and new products have contributed to strong momentum since the group acquired the jeweller in January, writes Luca Solca.
Retail
Will the ABG Playbook Work at Reebok?
Adidas is selling the sneaker brand for about $2.5 billion, after finding success in recent years by mining the archive and partnering with celebrities and designers. The deal also reunites the brand with Shaquille O’Neal, the face of Reebok during its glory days.
Will the ABG Playbook Work at Reebok?
Adidas is selling the sneaker brand for about $2.5 billion, after finding success in recent years by mining the archive and partnering with celebrities and designers. The deal also reunites the brand with Shaquille O’Neal, the face of Reebok during its glory days.
Beauty
The Hut Group Buys Cult Beauty for £275 Million
The acquisition is the latest sign of consolidation in the UK’s prestige beauty market.
The Hut Group Buys Cult Beauty for £275 Million
The acquisition is the latest sign of consolidation in the UK’s prestige beauty market.
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Retail
Wolverine Worldwide Acquires Sweaty Betty for $410 Million
The deal marks an expansion into apparel and direct-to-consumer business for the group known for its wholesale-dependent footwear brands.
Wolverine Worldwide Acquires Sweaty Betty for $410 Million
The deal marks an expansion into apparel and direct-to-consumer business for the group known for its wholesale-dependent footwear brands.
Luxury
Ralph & Russo Bought Out of Administration by US Investment Firm
A representative for Quantuma Advisory, an advisory firm appointed as one of Ralph & Russo’s administrators, confirmed media reports that Retail Ecommerce Ventures (REV) acquired the British couture house’s brand and assets.
Ralph & Russo Bought Out of Administration by US Investment Firm
A representative for Quantuma Advisory, an advisory firm appointed as one of Ralph & Russo’s administrators, confirmed media reports that Retail Ecommerce Ventures (REV) acquired the British couture house’s brand and assets.
Retail
PVH Sells Heritage Brands Assets to Authentic Brands Group in $220 Million Deal
The American fashion group is exiting the business to focus on its core brands, Tommy Hilfiger and Calvin Klein.
PVH Sells Heritage Brands Assets to Authentic Brands Group in $220 Million Deal
The American fashion group is exiting the business to focus on its core brands, Tommy Hilfiger and Calvin Klein.
Retail
Aritzia Expands to Men’s with Acquisition of Activewear Brand Reigning Champ
The women’s retailer announced it will acquire 75 percent of the brand, with a total enterprise value of $63 million, and acquire the rest of the business over the next five years.
Aritzia Expands to Men’s with Acquisition of Activewear Brand Reigning Champ
The women’s retailer announced it will acquire 75 percent of the brand, with a total enterprise value of $63 million, and acquire the rest of the business over the next five years.
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Retail
Pattern Raises Capital to Acquire DTC Homeware Brands, Announces Acquisition of GIR
The parent of lifestyle brands OpenSpaces and EqualParts has raised $60 million of debt and equity capital to acquire home-centric goods brands, its next phase of expansion.
Pattern Raises Capital to Acquire DTC Homeware Brands, Announces Acquisition of GIR
The parent of lifestyle brands OpenSpaces and EqualParts has raised $60 million of debt and equity capital to acquire home-centric goods brands, its next phase of expansion.
Technology
Lightspeed Acquires Nuorder and Ecwid in E-Commerce Tie-Up
The online payments provider said it will buy Ecwid, an e-commerce platform for small businesses, for about $500 million, and digital wholesale platform Nuorder for about $425 million.
Lightspeed Acquires Nuorder and Ecwid in E-Commerce Tie-Up
The online payments provider said it will buy Ecwid, an e-commerce platform for small businesses, for about $500 million, and digital wholesale platform Nuorder for about $425 million.
Retail
Ralph Lauren Sells Club Monaco to Private Equity Firm Regent
The deal concludes a strategic overhaul announced last year.
Ralph Lauren Sells Club Monaco to Private Equity Firm Regent
The deal concludes a strategic overhaul announced last year.
Luxury
Tomorrow Acquires Stake in Charles Jeffrey Loverboy
The brand accelerator is pushing a new model for growing emerging labels in a fashion market where going it alone as a small independent brand is tougher than ever.
Tomorrow Acquires Stake in Charles Jeffrey Loverboy
The brand accelerator is pushing a new model for growing emerging labels in a fashion market where going it alone as a small independent brand is tougher than ever.
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.