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.
conglomerates
Global Markets
Fashion Needs to Rethink Its Ramadan Formula
Middle East retailers are urging global brands to sync with customers’ rhythms during the Muslim holy month and move beyond marketing spectacle to more culturally grounded campaigns.
Fashion Needs to Rethink Its Ramadan Formula
Middle East retailers are urging global brands to sync with customers’ rhythms during the Muslim holy month and move beyond marketing spectacle to more culturally grounded campaigns.
Beauty
Estée Lauder Eyes M&A Opportunities to Help Turnaround, CEO Says
The US beauty giant is open to acquisitions as it enters the second year of a turnaround plan, chief executive officer Stéphane de La Faverie told Bloomberg.
Estée Lauder Eyes M&A Opportunities to Help Turnaround, CEO Says
The US beauty giant is open to acquisitions as it enters the second year of a turnaround plan, chief executive officer Stéphane de La Faverie told Bloomberg.
Beauty
The End of Beauty’s Easy Growth Era
Beauty sales are still growing, but shoppers are value-conscious and less loyal than ever, requiring major players to rethink their strategies.
The End of Beauty’s Easy Growth Era
Beauty sales are still growing, but shoppers are value-conscious and less loyal than ever, requiring major players to rethink their strategies.
Beauty
Puig Profits Rise 12% on Makeup, Skincare Demand
The Spanish beauty group, which owns Carolina Herrera and Charlotte Tilbury, achieved record sales in 2025 and reported growth in all business segments.
Puig Profits Rise 12% on Makeup, Skincare Demand
The Spanish beauty group, which owns Carolina Herrera and Charlotte Tilbury, achieved record sales in 2025 and reported growth in all business segments.
Beauty
Kering and Coty in Discussion to Sell Gucci Beauty Licence to L’Oréal
L’Oréal CEO Nicolas Hieronimus said on Friday the French beauty giant would welcome gaining access to the Gucci licence earlier than 2028, as Gucci-owner Kering and current licence holder Coty discuss the issue.
Kering and Coty in Discussion to Sell Gucci Beauty Licence to L’Oréal
L’Oréal CEO Nicolas Hieronimus said on Friday the French beauty giant would welcome gaining access to the Gucci licence earlier than 2028, as Gucci-owner Kering and current licence holder Coty discuss the issue.
Beauty
Unilever Sales Lifted by Dove Soap, India Beauty Demand
The UK personal care giant posted better-than-expected sales at the end of last year, boosted by premium beauty and home care products in India and China.
Unilever Sales Lifted by Dove Soap, India Beauty Demand
The UK personal care giant posted better-than-expected sales at the end of last year, boosted by premium beauty and home care products in India and China.
Beauty
Estée Lauder Sues Walmart Over Alleged Counterfeit Fragrances
Estée Lauder sued Walmart in California federal court on Monday, accusing the retail giant of selling knockoffs of Estée Lauder fragrance and skin care brands including Clinique, Tom Ford and Le Labo.
Estée Lauder Sues Walmart Over Alleged Counterfeit Fragrances
Estée Lauder sued Walmart in California federal court on Monday, accusing the retail giant of selling knockoffs of Estée Lauder fragrance and skin care brands including Clinique, Tom Ford and Le Labo.
Beauty
Shiseido Expects Profit Rebound After Drunk Elephant Writedown
Shiseido Co. said it expects to return to operating profit this year after posting its first loss in decades in 2025 due to a writedown of the Drunk Elephant brand.
Shiseido Expects Profit Rebound After Drunk Elephant Writedown
Shiseido Co. said it expects to return to operating profit this year after posting its first loss in decades in 2025 due to a writedown of the Drunk Elephant brand.
Beauty
LVMH Names Véronique Courtois Head of Beauty Division
Currently chief executive of Parfums Christian Dior, Courtois will oversee LVMH’s entire beauty stable, including Guerlain, Fenty and Benefit Cosmetics.
LVMH Names Véronique Courtois Head of Beauty Division
Currently chief executive of Parfums Christian Dior, Courtois will oversee LVMH’s entire beauty stable, including Guerlain, Fenty and Benefit Cosmetics.
Beauty
KKR Prepares Wella Company for US IPO
The Investment firm is preparing OPI nail polish owner Wella Company to go public as soon as this year, in an offering that could value the company at more than the $4.3 billion KKR paid for it.
KKR Prepares Wella Company for US IPO
The Investment firm is preparing OPI nail polish owner Wella Company to go public as soon as this year, in an offering that could value the company at more than the $4.3 billion KKR paid for it.
Beauty
Ontario Court Hands $750K Fine to Estée Lauder Over Use of ‘Forever Chemical’
An Ontario court has issued a $750,000 fine to Estée Lauder after the cosmetics company pled guilty to violating the Canadian Environmental Protection Act following the discovery of a 'forever chemical' in select eyeliner products.
Ontario Court Hands $750K Fine to Estée Lauder Over Use of ‘Forever Chemical’
An Ontario court has issued a $750,000 fine to Estée Lauder after the cosmetics company pled guilty to violating the Canadian Environmental Protection Act following the discovery of a 'forever chemical' in select eyeliner products.
Beauty
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
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.