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.
designers
Fashion Week
Haute Couture’s Heroes in Training
Standing Ground’s Michael Stewart is risking everything as the new couturier in town, but after seven years at Schiaparelli, Daniel Roseberry is also taking a flier on a daring new direction.
Haute Couture’s Heroes in Training
Standing Ground’s Michael Stewart is risking everything as the new couturier in town, but after seven years at Schiaparelli, Daniel Roseberry is also taking a flier on a daring new direction.
Beauty
Coty and Kering Agree to Early Transfer of Gucci Beauty Licence to L’Oréal
Coty will receive approximately $400 million and continue to operate the brand until at least June 30, 2027, terminating its prior agreement a year earlier than originally signed.
Coty and Kering Agree to Early Transfer of Gucci Beauty Licence to L’Oréal
Coty will receive approximately $400 million and continue to operate the brand until at least June 30, 2027, terminating its prior agreement a year earlier than originally signed.
Fashion Week
Matthieu Blazy Puts Enchantment to Work at Chanel
The designer asked himself, ‘How can we juxtapose fairy tales and the adventure of the everyday?’ — and then gave us a dazzling answer.
Matthieu Blazy Puts Enchantment to Work at Chanel
The designer asked himself, ‘How can we juxtapose fairy tales and the adventure of the everyday?’ — and then gave us a dazzling answer.
Luxury
Valentino to Sell Bonds to Repay Bank Debt
The funding represents a step forward for the fashion house, which last year required a capital injection from shareholders and struck a deal with lender banks to refinance its liabilities.
Valentino to Sell Bonds to Repay Bank Debt
The funding represents a step forward for the fashion house, which last year required a capital injection from shareholders and struck a deal with lender banks to refinance its liabilities.
Luxury
De Beers Slashes Diamond Prices for Shrinking Group of Buyers
The mining giant, which long kept prices above market rates to avoid hurting overall sentiment, made sweeping price cuts and reduced its handpicked group of buyers to funnel gems to its strongest customers.
De Beers Slashes Diamond Prices for Shrinking Group of Buyers
The mining giant, which long kept prices above market rates to avoid hurting overall sentiment, made sweeping price cuts and reduced its handpicked group of buyers to funnel gems to its strongest customers.
Luxury
Opinion: How Not to Manage Succession at LVMH
The drama over the estate of the late Italian eyewear billionaire Leonardo Del Vecchio is a real-time reminder of what could go wrong at the world’s largest luxury group, argues Bloomberg’s Andrea Felsted.
Opinion: How Not to Manage Succession at LVMH
The drama over the estate of the late Italian eyewear billionaire Leonardo Del Vecchio is a real-time reminder of what could go wrong at the world’s largest luxury group, argues Bloomberg’s Andrea Felsted.
Luxury
Lutz Huelle: ‘Fashion Is Not Just Luxury Products’
The Wolfgang Tillmans muse and early Martin Margiela collaborator has signed a licensing agreement that will bring stability to his namesake label as it offers an alternative to ‘corporate’ luxury brands.
Lutz Huelle: ‘Fashion Is Not Just Luxury Products’
The Wolfgang Tillmans muse and early Martin Margiela collaborator has signed a licensing agreement that will bring stability to his namesake label as it offers an alternative to ‘corporate’ luxury brands.
Fashion Week
Jonathan Anderson: The Ultimate Art World Fan Boy
For his sophomore couture collection for Christian Dior, the designer takes detailed inspiration from his favourite artist, writes Tim Blanks.
Jonathan Anderson: The Ultimate Art World Fan Boy
For his sophomore couture collection for Christian Dior, the designer takes detailed inspiration from his favourite artist, writes Tim Blanks.
Fashion Weeks
CFDA Releases Spring/Summer 2027 New York Fashion Week Schedule
Diane von Furstenberg returns with its first live show in a decade to kick off the schedule, a debut for new artistic director Henry Zankov.
CFDA Releases Spring/Summer 2027 New York Fashion Week Schedule
Diane von Furstenberg returns with its first live show in a decade to kick off the schedule, a debut for new artistic director Henry Zankov.
Luxury
Armani Taps BCG as Fashion Group Adapts to Post-Founder Era
The Italian fashion group is considering expansion in handbags and hospitality, its overall price positioning and distribution model and a senior creative appointment at Emporio Armani, according to people familiar with the matter.
Armani Taps BCG as Fashion Group Adapts to Post-Founder Era
The Italian fashion group is considering expansion in handbags and hospitality, its overall price positioning and distribution model and a senior creative appointment at Emporio Armani, according to people familiar with the matter.
Fashion Week
Marc Jacobs Approaches a New Era
Jacobs’ latest runway show offered clues as to how the brand’s new owners WHP Global and G-III will work with one of America’s most influential designers.
Marc Jacobs Approaches a New Era
Jacobs’ latest runway show offered clues as to how the brand’s new owners WHP Global and G-III will work with one of America’s most influential designers.
Luxury
Ralph Lauren Wins China Superfans by Selling the American Dream — At the Right Price
Collector Xiao Neng says he has spent at least $1 million on Ralph Lauren clothing over the past four to five years, building a wardrobe so large that he now sells pieces of it in two vintage stores that he opened in downtown Shanghai.
Ralph Lauren Wins China Superfans by Selling the American Dream — At the Right Price
Collector Xiao Neng says he has spent at least $1 million on Ralph Lauren clothing over the past four to five years, building a wardrobe so large that he now sells pieces of it in two vintage stores that he opened in downtown Shanghai.
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.