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
News & Analysis
A Chanel Deal May Be Out of Reach, Even for LVMH
Chanel is worth nearer to €100 billion ($113 billion) than the €50 billion that some analysts have estimated, so it’s unclear who might be interested.
A Chanel Deal May Be Out of Reach, Even for LVMH
Chanel is worth nearer to €100 billion ($113 billion) than the €50 billion that some analysts have estimated, so it’s unclear who might be interested.
News & Analysis
Renzo Rosso’s OTB Invests in Amiri
The Italian fashion group that owns Diesel, Marni and Maison Margiela took a minority stake in the Los Angeles-based brand founded by Mike Amiri.
Renzo Rosso’s OTB Invests in Amiri
The Italian fashion group that owns Diesel, Marni and Maison Margiela took a minority stake in the Los Angeles-based brand founded by Mike Amiri.
Beauty
Natura to Buy Avon for About $2 Billion in Stock
The transaction, valued at $3.7 billion, will position the Brazilian cosmetics company as a growing force in the booming global cosmetics and skincare industry.
Natura to Buy Avon for About $2 Billion in Stock
The transaction, valued at $3.7 billion, will position the Brazilian cosmetics company as a growing force in the booming global cosmetics and skincare industry.
Luxury
LVMH Buys Rosé Wine Producer Chateau du Galoupet
Rising demand for rosé has seen the French luxury conglomerate buy an estate whose bottles still retail for less than $15.
LVMH Buys Rosé Wine Producer Chateau du Galoupet
Rising demand for rosé has seen the French luxury conglomerate buy an estate whose bottles still retail for less than $15.
News & Analysis
EQT-Led Group In Exclusive Talks to Buy Nestle’s Skincare Brands
A group led by private equity firm EQT Partners is poised to enter exclusive talks for Nestle SA’s skincare business, as a hotly contested sale process for the consumer giant’s moisturizers, acne treatments and wrinkle fillers comes to a close, people familiar with the matter said.
EQT-Led Group In Exclusive Talks to Buy Nestle’s Skincare Brands
A group led by private equity firm EQT Partners is poised to enter exclusive talks for Nestle SA’s skincare business, as a hotly contested sale process for the consumer giant’s moisturizers, acne treatments and wrinkle fillers comes to a close, people familiar with the matter said.
News & Analysis
Exclusive: Jewellery Brand Pamela Love Sells Majority Stake to RedLuxury Group
The buyer, whose portfolio includes Zadig & Voltaire and Ginette NY, has plans to grow Pamela Love with expanded digital marketing and stores in New York and Los Angeles.
Exclusive: Jewellery Brand Pamela Love Sells Majority Stake to RedLuxury Group
The buyer, whose portfolio includes Zadig & Voltaire and Ginette NY, has plans to grow Pamela Love with expanded digital marketing and stores in New York and Los Angeles.
Luxury
Kering’s Shopping List Should Include These Brands
To continue to create shareholder value, the French luxury group may need to make at least one major acquisition.
Kering’s Shopping List Should Include These Brands
To continue to create shareholder value, the French luxury group may need to make at least one major acquisition.
Retail
Brazilian Retailer Magazine Luiza Buys Netshoes for $62 Million
It was reported last August that online sportswear retailer Netshoes had hired Goldman Sachs to seek an investor to inject cash in the company and restructure its debt.
Brazilian Retailer Magazine Luiza Buys Netshoes for $62 Million
It was reported last August that online sportswear retailer Netshoes had hired Goldman Sachs to seek an investor to inject cash in the company and restructure its debt.
Financial Markets
Chinese Investors Woo European Brands. It’s Complicated.
Chinese backers have snapped up distressed European fashion labels hoping to tap the country’s millions of heritage-hungry millennials. But things haven’t always gone to plan.
Chinese Investors Woo European Brands. It’s Complicated.
Chinese backers have snapped up distressed European fashion labels hoping to tap the country’s millions of heritage-hungry millennials. But things haven’t always gone to plan.
News & Analysis
Moncler CEO Says No One Has Asked to Buy Company
This follows Eurazeo's sale of its entire 4.8 percent stake in Moncler for about €445 million.
Moncler CEO Says No One Has Asked to Buy Company
This follows Eurazeo's sale of its entire 4.8 percent stake in Moncler for about €445 million.
Luxury
The Week Ahead: Will Kering Change Its Tune on Acquisitions?
This week, everyone will be talking about Gucci parent Kering's next move, fashion at Coachella and Allbirds entering China. Read our BoF Professional Cheat Sheet.
The Week Ahead: Will Kering Change Its Tune on Acquisitions?
This week, everyone will be talking about Gucci parent Kering's next move, fashion at Coachella and Allbirds entering China. Read our BoF Professional Cheat Sheet.
Financial Markets
Start-Up School | Chapter 7: Plan Your Exit Strategy
Exiting a business is one of the toughest decisions an entrepreneur will make. It’s a big chance to reap the financial rewards from years of hard work and to ensure the company they have nurtured from the start ends up in good hands.
Start-Up School | Chapter 7: Plan Your Exit Strategy
Exiting a business is one of the toughest decisions an entrepreneur will make. It’s a big chance to reap the financial rewards from years of hard work and to ensure the company they have nurtured from the start ends up in good hands.
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.