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
Luxury
2020’s Top M&A Targets in Luxury
BoF tapped industry experts and analysed the market to determine which brands will likely be targeted this year — and which wild-card mergers could pick up steam.
2020’s Top M&A Targets in Luxury
BoF tapped industry experts and analysed the market to determine which brands will likely be targeted this year — and which wild-card mergers could pick up steam.
Luxury
What Will LVMH’s Tiffany Look Like?
The French luxury conglomerate snapped up one of hard luxury’s last available targets in a mega-deal worth $16.2 billion. With the transaction approved by shareholders and set to close by the middle of this year, BoF considers how the Tiffany-LVMH integration might pan out.
What Will LVMH’s Tiffany Look Like?
The French luxury conglomerate snapped up one of hard luxury’s last available targets in a mega-deal worth $16.2 billion. With the transaction approved by shareholders and set to close by the middle of this year, BoF considers how the Tiffany-LVMH integration might pan out.
Retail
Victoria's Secret's New Owner Has a History With Troubled Brands
As the down-and-out lingerie maker announces the sale of a majority stake to Sycamore, BoF breaks down how the private equity firm has dealt with its past acquisitions, from Hot Topic to Stuart Weitzman.
Victoria's Secret's New Owner Has a History With Troubled Brands
As the down-and-out lingerie maker announces the sale of a majority stake to Sycamore, BoF breaks down how the private equity firm has dealt with its past acquisitions, from Hot Topic to Stuart Weitzman.
Retail
Golden Goose Acquired By Permira
Current owner Carlyle aimed for bids valuing the Italian sneaker brand at no less than €1.2 billion, per sources.
Golden Goose Acquired By Permira
Current owner Carlyle aimed for bids valuing the Italian sneaker brand at no less than €1.2 billion, per sources.
Financial Markets
Edgewell Drops Harry's Acquisition After FTC opposition
Edgewell said Harry's intended to pursue litigation against it.
Edgewell Drops Harry's Acquisition After FTC opposition
Edgewell said Harry's intended to pursue litigation against it.
News & Analysis
L Brands Nears Sale of Victoria’s Secret to Sycamore Partners
"CEO Les Wexner has been under mounting pressure due to his ties to the late sex criminal Jeffrey Epstein."
L Brands Nears Sale of Victoria’s Secret to Sycamore Partners
"CEO Les Wexner has been under mounting pressure due to his ties to the late sex criminal Jeffrey Epstein."
Retail
Opening Ceremony Acquired by Off-White Backer New Guards Group
Founders Humberto Leon and Carol Lim will remain co-creative directors of the brand and the stores will close in 2020.
Opening Ceremony Acquired by Off-White Backer New Guards Group
Founders Humberto Leon and Carol Lim will remain co-creative directors of the brand and the stores will close in 2020.
Luxury
Off-White Backer Adds Ambush Brand to Its Portfolio
New Guards Group has major ambitions to grow the jewellery-focused label from Yoon Ahn and Verbal internationally.
Off-White Backer Adds Ambush Brand to Its Portfolio
New Guards Group has major ambitions to grow the jewellery-focused label from Yoon Ahn and Verbal internationally.
Financial Markets
Safilo Acquires Californian Sunglasses Brand
The eyewear company has agreed to purchase 70 percent of Blenders Eyewear, in a deal estimated to be worth $90 million.
Safilo Acquires Californian Sunglasses Brand
The eyewear company has agreed to purchase 70 percent of Blenders Eyewear, in a deal estimated to be worth $90 million.
Luxury
Moncler Plays Down Possible Kering Takeover
CEO Remo Ruffini said a merger between Moncler and the luxury conglomerate was currently not being considered.
Moncler Plays Down Possible Kering Takeover
CEO Remo Ruffini said a merger between Moncler and the luxury conglomerate was currently not being considered.
Retail
Hudson's Bay Director Says Insiders' Offer Is Only Deal on the Table
Richard Baker's take-private deal comes seven years after he took Hudson's Bay public and values the company at just a third of its 2015 worth,
Hudson's Bay Director Says Insiders' Offer Is Only Deal on the Table
Richard Baker's take-private deal comes seven years after he took Hudson's Bay public and values the company at just a third of its 2015 worth,
Luxury
Report: Kering Holds Exploratory Talks on Deal for Moncler
Shares of Moncler have risen 33 percent this year, giving it a market value of about $11 billion.
Report: Kering Holds Exploratory Talks on Deal for Moncler
Shares of Moncler have risen 33 percent this year, giving it a market value of about $11 billion.
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.