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.
Discounting
Latest News & Analysis
Retail
The Secret to Breathing New Life Into Old Brands
Banana Republic, J.Crew, Express and others are all promoting a new, more digital and fashion-forward identity in a bid to regain relevance. But a rebrand is no easy feat.
The Secret to Breathing New Life Into Old Brands
Banana Republic, J.Crew, Express and others are all promoting a new, more digital and fashion-forward identity in a bid to regain relevance. But a rebrand is no easy feat.
Retail
UK Retailers Increased Discounts and Promotions to Boost Sales
Average shop prices in August were 1.6 percent lower than a year before, compared with a fall of 1.3 percent in July.
UK Retailers Increased Discounts and Promotions to Boost Sales
Average shop prices in August were 1.6 percent lower than a year before, compared with a fall of 1.3 percent in July.
Retail
The Off-Price War Heats Up
From stalwarts like T.J. Maxx and Nordstrom Rack to venture-backed newcomers and online luxury resellers, a multitude of discount retailers are all vying for a piece of the growing off-price market, which will thrive amid the lingering global recession.
The Off-Price War Heats Up
From stalwarts like T.J. Maxx and Nordstrom Rack to venture-backed newcomers and online luxury resellers, a multitude of discount retailers are all vying for a piece of the growing off-price market, which will thrive amid the lingering global recession.
China
Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?
Outlets and off-price retailers in China are seeing business boom as luxury brands pump excess inventory into the country at bargain basement prices. But the pandemic clearance strategy is a double-edged sword.
Luxury Brands Found a Solution for Their Inventory Glut. But Will It Backfire?
Outlets and off-price retailers in China are seeing business boom as luxury brands pump excess inventory into the country at bargain basement prices. But the pandemic clearance strategy is a double-edged sword.
ADVERTISEMENT
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.
Luxury
Gucci Just Left the Fashion Calendar Behind. Who Will Follow?
This week, everyone will be talking about Gucci's move to a seasonless schedule, Memorial Day sales — or lack thereof — how beauty retailers will reopen stores and luxury's bet on resort dressing. Get your BoF Professional Cheat Sheet.
Gucci Just Left the Fashion Calendar Behind. Who Will Follow?
This week, everyone will be talking about Gucci's move to a seasonless schedule, Memorial Day sales — or lack thereof — how beauty retailers will reopen stores and luxury's bet on resort dressing. Get your BoF Professional Cheat Sheet.
China
Try Virtual Vouchers Instead of Deep Discounting
Global giants like Zara, H&M and Nike are experimenting with virtual vouchers to get people spending again in China. Should other brands follow suit to avoid the potentially harmful practice of deep discounting?
Try Virtual Vouchers Instead of Deep Discounting
Global giants like Zara, H&M and Nike are experimenting with virtual vouchers to get people spending again in China. Should other brands follow suit to avoid the potentially harmful practice of deep discounting?
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.
ADVERTISEMENT
Retail
What Will Stores Look Like Post-Pandemic?
This week everyone will be talking about the future of retail in a post-pandemic world, the state of the "drop" model and the proliferation of spring sales. Get your BoF Professional Cheat Sheet.
What Will Stores Look Like Post-Pandemic?
This week everyone will be talking about the future of retail in a post-pandemic world, the state of the "drop" model and the proliferation of spring sales. Get your BoF Professional Cheat Sheet.
Luxury
What Shoppers Are Thinking Right Now
Consumers are feeling denial, anxiety, dread and hope. But even if they aren’t in the buying mood, brands can use this time to build deeper relationships.
What Shoppers Are Thinking Right Now
Consumers are feeling denial, anxiety, dread and hope. But even if they aren’t in the buying mood, brands can use this time to build deeper relationships.
Luxury
Luxury Brands Burn Unsold Goods. What Should They Do Instead?
The luxury industry’s habit of destroying end-of-season leftovers is under threat, thanks to a consumer backlash and increasing government regulations. BoF uncovers the best solutions.
Luxury Brands Burn Unsold Goods. What Should They Do Instead?
The luxury industry’s habit of destroying end-of-season leftovers is under threat, thanks to a consumer backlash and increasing government regulations. BoF uncovers the best solutions.
Retail
Primark Says Sales Recovering After Cool Spring Cuts Growth
Wet May weather kept shoppers out of stores but the budget retailer is driving sales growth by expanding new stores at a breakneck pace.
Primark Says Sales Recovering After Cool Spring Cuts Growth
Wet May weather kept shoppers out of stores but the budget retailer is driving sales growth by expanding new stores at a breakneck pace.
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.