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.
consumer-spending
Retail
Europe’s Retail Sector Struggles as Shoppers Stay Close to Home
Consumers are heading out to shops in residential areas, with 46 percent aiming to shop more locally in the long term than they did before the pandemic.
Europe’s Retail Sector Struggles as Shoppers Stay Close to Home
Consumers are heading out to shops in residential areas, with 46 percent aiming to shop more locally in the long term than they did before the pandemic.
Retail
UK Retail Spending Rebounds to Near Pre-Lockdown Levels
A 70 percent surge in clothing and footwear sales reversed much of their slump in recent months, though the sector remains one of the worst hit.
UK Retail Spending Rebounds to Near Pre-Lockdown Levels
A 70 percent surge in clothing and footwear sales reversed much of their slump in recent months, though the sector remains one of the worst hit.
Sustainability
Can Anything Shake Consumers’ Addiction to Fast Fashion?
Low-cost, high-volume fashion has come under fire for its environmental impact and unethical manufacturing practices. And yet, its cheap-chic combination remains compelling to both shoppers and investors.
Can Anything Shake Consumers’ Addiction to Fast Fashion?
Low-cost, high-volume fashion has come under fire for its environmental impact and unethical manufacturing practices. And yet, its cheap-chic combination remains compelling to both shoppers and investors.
Retail
BoF LIVE: The State of Retail from China to the US
BoF unpacks what the store of the future will look like in a post-pandemic climate and whether retailers can bounce back from the tremendous financial losses caused by the virus outbreak.
BoF LIVE: The State of Retail from China to the US
BoF unpacks what the store of the future will look like in a post-pandemic climate and whether retailers can bounce back from the tremendous financial losses caused by the virus outbreak.
China
Using Famous Faces to Impress Chinese Consumers Just Got Trickier
Marketing to Chinese consumers in a time of crisis means that brands with tighter budgets need to consider new ways of leveraging Chinese influencers and celebrities.
Using Famous Faces to Impress Chinese Consumers Just Got Trickier
Marketing to Chinese consumers in a time of crisis means that brands with tighter budgets need to consider new ways of leveraging Chinese influencers and celebrities.
Retail
Kohl's CEO Says the Pandemic Is Transforming Its Stores
The department store chain is making greater use of protective gear and curbside pickups as it prepares for a business cycle that’s significantly different from previous years.
Kohl's CEO Says the Pandemic Is Transforming Its Stores
The department store chain is making greater use of protective gear and curbside pickups as it prepares for a business cycle that’s significantly different from previous years.
China
A ‘Second Wave’ of Covid-19 Hit China. Will It Dent Consumer Confidence?
A new outbreak in Beijing is bad news for China’s recovery but how serious is it for retail in the capital and for brands reliant on the broader national market?
A ‘Second Wave’ of Covid-19 Hit China. Will It Dent Consumer Confidence?
A new outbreak in Beijing is bad news for China’s recovery but how serious is it for retail in the capital and for brands reliant on the broader national market?
China
6 Ways to Boost Sales During the 618 Shopping Festival
With billions of dollars of merchandise sold by more than one hundred thousand brands, China’s discount-focused shopping festivals are impossible to ignore but difficult to get right. Here are six ways to make them work.
6 Ways to Boost Sales During the 618 Shopping Festival
With billions of dollars of merchandise sold by more than one hundred thousand brands, China’s discount-focused shopping festivals are impossible to ignore but difficult to get right. Here are six ways to make them work.
Retail
US Consumer Confidence Stabilises Amid Reopening Optimism
Analysts forecast a significant pick-up in activity in the third quarter but warn a return to pre-crisis levels remains nowhere in sight.
US Consumer Confidence Stabilises Amid Reopening Optimism
Analysts forecast a significant pick-up in activity in the third quarter but warn a return to pre-crisis levels remains nowhere in sight.
Retail
French Connection Warns It Could Run out of Cash Within Months
The British retailer is holding talks with investors in a bid to secure new funding after the company said it has struggled to access government support schemes.
French Connection Warns It Could Run out of Cash Within Months
The British retailer is holding talks with investors in a bid to secure new funding after the company said it has struggled to access government support schemes.
Global Markets
5 Strategies for Chinese Valentine’s Day
Brands are going all out with campaigns aimed at capturing the hearts and wallets of Chinese consumers in the run-up to the annual 520 celebration. Here’s how to cut through all the marketing noise.
5 Strategies for Chinese Valentine’s Day
Brands are going all out with campaigns aimed at capturing the hearts and wallets of Chinese consumers in the run-up to the annual 520 celebration. Here’s how to cut through all the marketing noise.
China
Will Millennial Debt Threaten China’s Luxury Rebound?
Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.
Will Millennial Debt Threaten China’s Luxury Rebound?
Brands need to investigate how consumer debt will impact their recovery plans in the world’s largest luxury market. While some experts downplay concerns, others believe it could throw a spanner in the works.
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.