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.
department-stores
Retail
The American Department Store's Real-Time Reckoning
This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.
The American Department Store's Real-Time Reckoning
This week, everyone will be talking about the impending bankruptcies of several American department store chains, financial results from Tapestry and the success of "essential" retailers. Get your BoF Professional Cheat Sheet.
Retail
Department Stores Offer Curbside Service as Stores Reopen
Saks Fifth Avenue stylists and personal shoppers are sending messages to clients in Texas, telling them they can schedule appointments to shop online and collect merchandise curbside or make returns.
Department Stores Offer Curbside Service as Stores Reopen
Saks Fifth Avenue stylists and personal shoppers are sending messages to clients in Texas, telling them they can schedule appointments to shop online and collect merchandise curbside or make returns.
Retail
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Lord & Taylor Explores Bankruptcy
It is one of several options that the retailer and its advisers are exploring, which also include trying to negotiate relief from creditors and finding additional financing, sources said.
Retail
Macy's Taps Investment Bank to Explore Recapitalisation
Macy's has asked advisers to help manage its liabilities and explore options that could include new financing, sources say.
Macy's Taps Investment Bank to Explore Recapitalisation
Macy's has asked advisers to help manage its liabilities and explore options that could include new financing, sources say.
Retail
Debenhams Enters Administration for Second Time
The ailing British department store, which narrowly avoided collapse roughly 12 months ago, has already liquidated its operations in Ireland.
Debenhams Enters Administration for Second Time
The ailing British department store, which narrowly avoided collapse roughly 12 months ago, has already liquidated its operations in Ireland.
Retail
Is This the End of Wholesale, or the Beginning of Something Better?
Department stores are cancelling orders and delaying payments, pushing designers to breaking point and calling into question a system that has been challenged for years.
Is This the End of Wholesale, or the Beginning of Something Better?
Department stores are cancelling orders and delaying payments, pushing designers to breaking point and calling into question a system that has been challenged for years.
Retail
Report: Neiman Marcus Advances Bankruptcy Preparations
The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.
Report: Neiman Marcus Advances Bankruptcy Preparations
The department store began holding confidential discussions this week with bondholders about possible financing that would help the company continue operating while under bankruptcy protection, sources said.
Retail
Macy's to Furlough Nearly 130,000 Employees
The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.
Macy's to Furlough Nearly 130,000 Employees
The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.
Retail
Why Neiman Marcus Is Getting Rid of Its Off-Price Stores
The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits.
Why Neiman Marcus Is Getting Rid of Its Off-Price Stores
The Dallas-based department store chain is hoping that focusing on wealthy repeat customers will boost profits.
Luxury
Raf and Miuccia Steal the Spotlight from Paris
This week, everyone will be talking about Paris Fashion Week, the bid to take Saks' owner private and a trio of earnings reports by fashion technology companies. Get your BoF Professional Cheat Sheet.
Raf and Miuccia Steal the Spotlight from Paris
This week, everyone will be talking about Paris Fashion Week, the bid to take Saks' owner private and a trio of earnings reports by fashion technology companies. Get your BoF Professional Cheat Sheet.
Retail
Macy’s Is Ditching the Mall. Will the Plan Work?
The department store chain is closing 125 stores and opening a new small-format store concept. Analysts say pivoting away from struggling malls is a smart move.
Macy’s Is Ditching the Mall. Will the Plan Work?
The department store chain is closing 125 stores and opening a new small-format store concept. Analysts say pivoting away from struggling malls is a smart move.
Retail
Casper’s IPO Will Be a Moment of Truth for Fashion’s Start-Ups
This week, everyone will be talking about Casper's IPO, the state of New York Fashion Week and Macy's strategy update. Get your BoF Professional Cheat Sheet.
Casper’s IPO Will Be a Moment of Truth for Fashion’s Start-Ups
This week, everyone will be talking about Casper's IPO, the state of New York Fashion Week and Macy's strategy update. Get your BoF Professional Cheat Sheet.
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.