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.
business-growth
Financial Markets
Gucci's Rise Signals a New Model for Fashion
As a fashion system built on seasonal collections, runway shows and wholesale partnerships continues to wane, what’s taking its place?
Gucci's Rise Signals a New Model for Fashion
As a fashion system built on seasonal collections, runway shows and wholesale partnerships continues to wane, what’s taking its place?
Financial Markets
Evaluating Raf Simons’ First Year at Calvin Klein
It’s been one year since Raf Simons took creative control of Calvin Klein. Is it working?
Evaluating Raf Simons’ First Year at Calvin Klein
It’s been one year since Raf Simons took creative control of Calvin Klein. Is it working?
Luxury
Burberry Takeover Would Be a Showstopper
Burberry remains one of the few luxury houses unencumbered by a family stake-holder. And it is expected to end its financial year to March with net cash of about £665 million ($819 million).
Burberry Takeover Would Be a Showstopper
Burberry remains one of the few luxury houses unencumbered by a family stake-holder. And it is expected to end its financial year to March with net cash of about £665 million ($819 million).
Luxury
Burberry Gives Fresh Boost to Luxury as Sales Beat Estimates
Third-quarter retail revenue rose 4 percent on a currency-neutral basis, with total sales of £735 million topping the £721 million estimate.
Burberry Gives Fresh Boost to Luxury as Sales Beat Estimates
Third-quarter retail revenue rose 4 percent on a currency-neutral basis, with total sales of £735 million topping the £721 million estimate.
Retail
Every Little Clothing Sale Helps UK's Tesco and Marks & Spencer in Holidays
Consumers are responding to early signs of Brexit-fuelled inflation by buying more of their clothing at retailers whose scale and diversification helps them keep prices in check.
Every Little Clothing Sale Helps UK's Tesco and Marks & Spencer in Holidays
Consumers are responding to early signs of Brexit-fuelled inflation by buying more of their clothing at retailers whose scale and diversification helps them keep prices in check.
Luxury
Richemont's Revenue Up 5 Percent with Unexpected Watch Rebound
The company has been struggling with the biggest downturn for the Swiss watch industry since the quartz crisis in the 1980s.
Richemont's Revenue Up 5 Percent with Unexpected Watch Rebound
The company has been struggling with the biggest downturn for the Swiss watch industry since the quartz crisis in the 1980s.
Financial Markets
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
Financial Markets
Shoe Carnival Posts Third-Quarter Profit
Shoe Carnival Inc. on Monday reported fiscal third-quarter net income of $9.7 million.
Shoe Carnival Posts Third-Quarter Profit
Shoe Carnival Inc. on Monday reported fiscal third-quarter net income of $9.7 million.
Luxury
Is Melania Trumping Trade Concerns?
Designers seem fixated on whether or not to dress Melania Trump, but the fashion industry should pay more attention to the protectionist trade policies espoused by her husband, the President-elect.
Is Melania Trumping Trade Concerns?
Designers seem fixated on whether or not to dress Melania Trump, but the fashion industry should pay more attention to the protectionist trade policies espoused by her husband, the President-elect.
Luxury
Bracing for President Trump
‘America’s Brexit’ raises the spectre of more nativist Trump-style victories across the West, spelling tough times for the emotionally-driven luxury sector.
Bracing for President Trump
‘America’s Brexit’ raises the spectre of more nativist Trump-style victories across the West, spelling tough times for the emotionally-driven luxury sector.
Financial Markets
Alibaba-Rival JD Envisions its Own Delivery Drone Fleet by 2017
JD.com Inc. has drawn up plans for drones to ply 100 regular routes by the end of next year.
Alibaba-Rival JD Envisions its Own Delivery Drone Fleet by 2017
JD.com Inc. has drawn up plans for drones to ply 100 regular routes by the end of next year.
Financial Markets
Michael Kors Holdings Tops Second-Quarter Profit Forecasts
Michael Kors Holdings Ltd. on Thursday reported fiscal second-quarter profit of $160.9 million.
Michael Kors Holdings Tops Second-Quarter Profit Forecasts
Michael Kors Holdings Ltd. on Thursday reported fiscal second-quarter profit of $160.9 million.
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.