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.

In the age of access, the wholesale distribution model, which comes with inventory risk and high working-capital requirements, no longer makes a lot of sense.

In the age of access, the wholesale distribution model, which comes with inventory risk and high working-capital requirements, no longer makes a lot of sense.

Listen to Imran Amed in conversation with BoF’s chief New York correspondent Lauren Sherman, as she outlines how fashion retailers can shake the industry’s addiction to discounting.

Listen to Imran Amed in conversation with BoF’s chief New York correspondent Lauren Sherman, as she outlines how fashion retailers can shake the industry’s addiction to discounting.

Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.

Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.

Discounting is rampant at retail, but these tactics can help you keep margins healthy.

Discounting is rampant at retail, but these tactics can help you keep margins healthy.

Black Friday and Cyber Monday sales are slated to break yet another record this year, but retailers are facing growing pressure to begin promotions well before the end of the season.

Black Friday and Cyber Monday sales are slated to break yet another record this year, but retailers are facing growing pressure to begin promotions well before the end of the season.

Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.

Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.

Private equity owner OpCapita is seeking a buyer for the company valued at €300-350 million, hoping to benefit from high equity valuations.

Private equity owner OpCapita is seeking a buyer for the company valued at €300-350 million, hoping to benefit from high equity valuations.

Wal-Mart posted its fastest rise in online sales in five years, signalling the retailer is getting a payoff from an ambitious online expansion, which included last year’s $3.3 billion acquisition of Jet.com.

Wal-Mart posted its fastest rise in online sales in five years, signalling the retailer is getting a payoff from an ambitious online expansion, which included last year’s $3.3 billion acquisition of Jet.com.

The company's first-quarter profits jumped almost 8 percent as attempts to turn its business around appear to be gaining some traction but it still needs to find a way to thrive in the face of intense pressure from Amazon and Wal-Mart.

The company's first-quarter profits jumped almost 8 percent as attempts to turn its business around appear to be gaining some traction but it still needs to find a way to thrive in the face of intense pressure from Amazon and Wal-Mart.

The company, which operates T.J. Maxx and Marshalls, now expects full-year profit between $3.71 and $3.78 per share, far short of analyst expectations.

The company, which operates T.J. Maxx and Marshalls, now expects full-year profit between $3.71 and $3.78 per share, far short of analyst expectations.

With apparel sales of almost £1 billion, Sainsbury's is now the UK’s 10th-largest clothing retailer by value and sixth-largest by number of garments sold.

With apparel sales of almost £1 billion, Sainsbury's is now the UK’s 10th-largest clothing retailer by value and sixth-largest by number of garments sold.

The world’s biggest retailer says it still has plenty of ground to cover as it expands its online business in the face of fierce competition from digital leaders like Amazon.

The world’s biggest retailer says it still has plenty of ground to cover as it expands its online business in the face of fierce competition from digital leaders like Amazon.
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.
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.
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
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.
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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.
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.
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.