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
Luxury
Opinion: The Row and Phoebe Philo Are Explaining Big Bling’s Crisis
The Row and Phoebe Philo thrive as elite spenders trade overexposed mega-brands for understated, logo-free luxury, Andrea Felsted writes.
Opinion: The Row and Phoebe Philo Are Explaining Big Bling’s Crisis
The Row and Phoebe Philo thrive as elite spenders trade overexposed mega-brands for understated, logo-free luxury, Andrea Felsted writes.
Entrepreneurship
How Some Founders Are Redefining Fashion’s Idea of Success
As the pipeline to scaling a fashion business grows more precarious, some designers are ditching the pursuit of global prestige in favour of a slower approach to growth they say is more sustainable — and more fulfilling.
How Some Founders Are Redefining Fashion’s Idea of Success
As the pipeline to scaling a fashion business grows more precarious, some designers are ditching the pursuit of global prestige in favour of a slower approach to growth they say is more sustainable — and more fulfilling.
Retail
A Survival Guide for Independent Brands
Prompted by the overwhelming response to a recent briefing about the ‘industry that eats its young,’ we’ve gathered the most vital strategies from the BoF archive to help independent designers navigate today’s fraught retail landscape.
A Survival Guide for Independent Brands
Prompted by the overwhelming response to a recent briefing about the ‘industry that eats its young,’ we’ve gathered the most vital strategies from the BoF archive to help independent designers navigate today’s fraught retail landscape.
Luxury
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Luxury
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luxury
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Global Markets
Dispatches From Shanghai: Inside China’s New Luxury Landscape
On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?
Dispatches From Shanghai: Inside China’s New Luxury Landscape
On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?
Retail
Saks Global Nabs $500 Million in Post-Bankruptcy Financing
The department store group aims to exit Chapter 11 by summer with a leaner store footprint and repaired vendor relationships.
Saks Global Nabs $500 Million in Post-Bankruptcy Financing
The department store group aims to exit Chapter 11 by summer with a leaner store footprint and repaired vendor relationships.
Luxury
Carven Design Director Mark Thomas Exits Brand
Thomas is leaving the historic French fashion house, owned by Chinese group Icicle, after a year in the position.
Carven Design Director Mark Thomas Exits Brand
Thomas is leaving the historic French fashion house, owned by Chinese group Icicle, after a year in the position.
Fashion Week
In Shanghai, the Martens-Margiela Synchronicity
Glenn Martens staged an opulent outing that underscored the depth of his connection to Maison Margiela, but the designer may have found his comfort zone too early, writes Angelo Flaccavento.
In Shanghai, the Martens-Margiela Synchronicity
Glenn Martens staged an opulent outing that underscored the depth of his connection to Maison Margiela, but the designer may have found his comfort zone too early, writes Angelo Flaccavento.
Fashion Week
Can Shanghai Fashion Week Give Rise to Global Labels?
The Shanghai shows can be formulaic and unoriginal, but China’s fashion capital is producing a handful of talents with the potential to go global, reports Angelo Flaccavento.
Can Shanghai Fashion Week Give Rise to Global Labels?
The Shanghai shows can be formulaic and unoriginal, but China’s fashion capital is producing a handful of talents with the potential to go global, reports Angelo Flaccavento.
Global Markets
How the Middle East’s Fashion Industry Is Navigating War
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an increasingly volatile security environment.
How the Middle East’s Fashion Industry Is Navigating War
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an increasingly volatile security environment.
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.