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.
Breaking News
Latest News & Analysis
Luxury
Trailblazing Designer Kenzo Takada Has Died
The Japanese designer, best known for his namesake line Kenzo, passed away following complications due to Covid-19. He was 81.
Trailblazing Designer Kenzo Takada Has Died
The Japanese designer, best known for his namesake line Kenzo, passed away following complications due to Covid-19. He was 81.
Luxury
LVMH and Nicholas Kirkwood to Part Ways
The split is due to be completed by the end of the year, LVMH said in a statement.
LVMH and Nicholas Kirkwood to Part Ways
The split is due to be completed by the end of the year, LVMH said in a statement.
Luxury
LVMH Is Calling Off Its Tiffany Mega-Deal. What Now?
Tiffany is suing the luxury giant, which said it won't close what was meant to be luxury's biggest-ever acquisition after French government intervention. But it’s possible the parties will find a new agreement next year, or that another suitor emerges.
LVMH Is Calling Off Its Tiffany Mega-Deal. What Now?
Tiffany is suing the luxury giant, which said it won't close what was meant to be luxury's biggest-ever acquisition after French government intervention. But it’s possible the parties will find a new agreement next year, or that another suitor emerges.
Workplace & Talent
Forever 21 Hires New CEO From H&M
Daniel Kulle, former president of H&M's North American operations, has been brought in to revive the bankrupt fast-fashion retailer, which was recently bought by a consortium of investors, including Barneys-owner Authentic Brands Group, for $81 million.
Forever 21 Hires New CEO From H&M
Daniel Kulle, former president of H&M's North American operations, has been brought in to revive the bankrupt fast-fashion retailer, which was recently bought by a consortium of investors, including Barneys-owner Authentic Brands Group, for $81 million.
ADVERTISEMENT
Luxury
MatchesFashion.com Chief Executive Exits
Ulric Jerome, who joined the company in 2013, has stepped down as chief executive, the company confirmed to BoF.
MatchesFashion.com Chief Executive Exits
Ulric Jerome, who joined the company in 2013, has stepped down as chief executive, the company confirmed to BoF.
Retail
Barneys Files for Bankruptcy As Rents Rise and Visitors Fall
The Chapter 11 filing allows Barneys to stay open while it works out a plan to turn around the business and pay its debts.
Barneys Files for Bankruptcy As Rents Rise and Visitors Fall
The Chapter 11 filing allows Barneys to stay open while it works out a plan to turn around the business and pay its debts.
News & Analysis
Why LVMH Struck a Deal with Stella McCartney
The ethical fashion label will hardly move the needle for LVMH, but could help the group boost its sustainability credentials, which are seen to be lagging arch rival and former owner Kering at a time when consumers and regulators are taking notice.
Why LVMH Struck a Deal with Stella McCartney
The ethical fashion label will hardly move the needle for LVMH, but could help the group boost its sustainability credentials, which are seen to be lagging arch rival and former owner Kering at a time when consumers and regulators are taking notice.
Financial Markets
Philippine Retail Billionaire Plans Move From Fashion to Pets
The retail company will expand its offering to pet, health and beauty products.
Philippine Retail Billionaire Plans Move From Fashion to Pets
The retail company will expand its offering to pet, health and beauty products.
ADVERTISEMENT
Retail
Arcadia Group Chairman Philip Green Charged With Misdemeanour Assault
The charges, stemming from accusations he inappropriately touched a woman in Arizona, comes as Green is locked in a showdown with creditors.
Arcadia Group Chairman Philip Green Charged With Misdemeanour Assault
The charges, stemming from accusations he inappropriately touched a woman in Arizona, comes as Green is locked in a showdown with creditors.
Beauty
Frédéric Fekkai Close to Buying Back Haircare Brand
The haircare guru is nearing a deal to acquire his namesake salons and haircare products from Designer Parfums and Luxe Brands. The brand has struggled in recent years as salon sales have declined and Instagram-savvy competitors grabbed market share.
Frédéric Fekkai Close to Buying Back Haircare Brand
The haircare guru is nearing a deal to acquire his namesake salons and haircare products from Designer Parfums and Luxe Brands. The brand has struggled in recent years as salon sales have declined and Instagram-savvy competitors grabbed market share.
Retail
Opening Ceremony Lays Off 23 Amid Search For New Investor
The retailer, long known for its downtown cool, has eliminated most of its in-house label’s design team as part of broader restructuring.
Opening Ceremony Lays Off 23 Amid Search For New Investor
The retailer, long known for its downtown cool, has eliminated most of its in-house label’s design team as part of broader restructuring.
Media
Condé Nast Owner Si Newhouse Dies at 89
He ran the family's media empire for 40 years before retiring to chairman emeritus in 2015.
Condé Nast Owner Si Newhouse Dies at 89
He ran the family's media empire for 40 years before retiring to chairman emeritus in 2015.
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.