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.
circularity
Retail
Why Brick-and-Mortar Resale Is Flourishing
Brick-and-mortar shops selling secondhand fashion are thriving in the US, even amid the boom in online players that’s grabbed much of the industry’s attention and investment.
Why Brick-and-Mortar Resale Is Flourishing
Brick-and-mortar shops selling secondhand fashion are thriving in the US, even amid the boom in online players that’s grabbed much of the industry’s attention and investment.
Partner Content
Unlocking Commercial Opportunities with Digital Product Passports
Digital product passport technology could tackle counterfeiting, help brands meet regulatory requirements and unlock new sources of revenue and engagement. Michele Casucci, founder and GM of Certilogo and Robin Mellery-Pratt, BoF’s head of content strategy, gathered executives in Paris to discuss its potential.
Unlocking Commercial Opportunities with Digital Product Passports
Digital product passport technology could tackle counterfeiting, help brands meet regulatory requirements and unlock new sources of revenue and engagement. Michele Casucci, founder and GM of Certilogo and Robin Mellery-Pratt, BoF’s head of content strategy, gathered executives in Paris to discuss its potential.
Partner Content
How the Korean Resale Market Is Evolving
In the first edition of Bunjang’s ‘Korean Luxury Resale Report,’ the re-commerce platform examines the exponential growth of the secondhand market in the region and the defining trends to know now. Discover key insights from the report here, alongside BoF analysis.
How the Korean Resale Market Is Evolving
In the first edition of Bunjang’s ‘Korean Luxury Resale Report,’ the re-commerce platform examines the exponential growth of the secondhand market in the region and the defining trends to know now. Discover key insights from the report here, alongside BoF analysis.
Partner Content
Understanding the Luxury Resale Market in Korea
Koreans spend an average of $325 per capita on luxury goods each year — the highest spending globally, according to Morgan Stanley. BoF sits down with mobile re-commerce platform Bunjang’s CEO Choi Jae-hwa to understand how the resale sector stands to benefit.
Understanding the Luxury Resale Market in Korea
Koreans spend an average of $325 per capita on luxury goods each year — the highest spending globally, according to Morgan Stanley. BoF sits down with mobile re-commerce platform Bunjang’s CEO Choi Jae-hwa to understand how the resale sector stands to benefit.
Sustainability
Why Some Consumers Find Sustainable Marketing So Annoying
Overconsumption and fast fashion have become easy targets for brands flexing their climate-friendly attributes. Consumers may agree with the message — but take issue with a self-righteous tone.
Why Some Consumers Find Sustainable Marketing So Annoying
Overconsumption and fast fashion have become easy targets for brands flexing their climate-friendly attributes. Consumers may agree with the message — but take issue with a self-righteous tone.
Luxury
Fashion Can Go for Eye-Popping Prices at Auction. Who’s Buying It?
After headline pieces — sometimes formerly owned by celebrities or featured on TV — sell for blockbuster prices, they can end up pretty much anywhere, from museums to collectors’ closets.
Fashion Can Go for Eye-Popping Prices at Auction. Who’s Buying It?
After headline pieces — sometimes formerly owned by celebrities or featured on TV — sell for blockbuster prices, they can end up pretty much anywhere, from museums to collectors’ closets.
Retail
Profitability Hurdles Haven’t Slowed the Growth of Resale
The online market for secondhand apparel hit $20 billion in the US in 2023 and is expected to more than double over the next five years, according to a new report from ThredUp and Global Data.
Profitability Hurdles Haven’t Slowed the Growth of Resale
The online market for secondhand apparel hit $20 billion in the US in 2023 and is expected to more than double over the next five years, according to a new report from ThredUp and Global Data.
Retail
DHL Launches Branded Resale
In a partnership with resale service provider Reflaunt, the global logistics giant now offers a fulfilment, shipping and platforming solution for brand clients interested in entering the secondhand space.
DHL Launches Branded Resale
In a partnership with resale service provider Reflaunt, the global logistics giant now offers a fulfilment, shipping and platforming solution for brand clients interested in entering the secondhand space.
Partner Content
Understanding the Potential of Digital Product Passports
New regulations from the European Commission will require fashion and other consumer goods to be fitted with unique digital product passports as early as 2026. At BoF’s VOICES 2023, the CEO of Arianee demystifies the future of digital product passports and their ability to reimagine fashion brands’ revenue stream.
Understanding the Potential of Digital Product Passports
New regulations from the European Commission will require fashion and other consumer goods to be fitted with unique digital product passports as early as 2026. At BoF’s VOICES 2023, the CEO of Arianee demystifies the future of digital product passports and their ability to reimagine fashion brands’ revenue stream.
Sustainability
The Denim Brand Making a Business of Upcycling
E.L.V. Denim founder and creative director Anna Foster has built a profitable start-up turning unwanted cast offs into handcrafted denim sold at Neiman Marcus and Moda Operandi.
The Denim Brand Making a Business of Upcycling
E.L.V. Denim founder and creative director Anna Foster has built a profitable start-up turning unwanted cast offs into handcrafted denim sold at Neiman Marcus and Moda Operandi.
Sustainability
Target, New Balance Among New Collective of Brands Pushing Circular Footwear
The eight founding members of the nonprofit initiative say it is the first of its kind explicitly focused on the challenge for shoes.
Target, New Balance Among New Collective of Brands Pushing Circular Footwear
The eight founding members of the nonprofit initiative say it is the first of its kind explicitly focused on the challenge for shoes.
Sustainability
Inditex Places Order for Recycled Fibres Amid Industry Effort to Quell Market Jitters
The Zara-owner will buy 2,000 tonnes of fibre made using raw materials from Renewcell, sending a signal of support after a weak sales update sent the Swedish recycler’s share price plunging this month.
Inditex Places Order for Recycled Fibres Amid Industry Effort to Quell Market Jitters
The Zara-owner will buy 2,000 tonnes of fibre made using raw materials from Renewcell, sending a signal of support after a weak sales update sent the Swedish recycler’s share price plunging this month.
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.