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.
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Latest News & Analysis
Luxury
Luxury's Coronavirus Recovery: Who's Ahead and Who’s Behind?
Some sank, others surged. BoF examines how Kering, Hermès and Moncler stacked up against the high bar set by LVMH’s fashion and leather goods division last week.
Luxury's Coronavirus Recovery: Who's Ahead and Who’s Behind?
Some sank, others surged. BoF examines how Kering, Hermès and Moncler stacked up against the high bar set by LVMH’s fashion and leather goods division last week.
Beauty
L'Oreal Sales Rebound After Lockdowns Ease
Overall sales came in at 7 billion euros ($8.27 billion), for the July to September period, rising 1.6 percent from a year earlier.
L'Oreal Sales Rebound After Lockdowns Ease
Overall sales came in at 7 billion euros ($8.27 billion), for the July to September period, rising 1.6 percent from a year earlier.
Luxury
Moncler Sees 'Encouraging' Signs After Better Than Expected Quarter
In the months between July and September, revenue dropped 15 percent year on year.
Moncler Sees 'Encouraging' Signs After Better Than Expected Quarter
In the months between July and September, revenue dropped 15 percent year on year.
Luxury
How Did LVMH Fashion Get Back to Double-Digit Growth Already?
The answer has a lot to do with Louis Vuitton, Dior and the Chinese market. BoF breaks down the key factors behind the rebound.
How Did LVMH Fashion Get Back to Double-Digit Growth Already?
The answer has a lot to do with Louis Vuitton, Dior and the Chinese market. BoF breaks down the key factors behind the rebound.
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Luxury
Mulberry Forecasts Reduced Losses on Improving Sales Trend
The group was struggling due to investment costs and a tough trading environment in its home market even before the pandemic hit.
Mulberry Forecasts Reduced Losses on Improving Sales Trend
The group was struggling due to investment costs and a tough trading environment in its home market even before the pandemic hit.
Retail
Nike Smashes Sales Estimates Thanks to Rebound in China
Sales in China rose 6 percent while in North America, the company's biggest market, sales fell 2 percent.
Nike Smashes Sales Estimates Thanks to Rebound in China
Sales in China rose 6 percent while in North America, the company's biggest market, sales fell 2 percent.
Retail
Gap Reports Surprise Rise in Comparable Sales Fueled by Online Demand
Analysts had forecast a 20.97 percent fall in comparable sales, but the company reported a 13 percent rise.
Gap Reports Surprise Rise in Comparable Sales Fueled by Online Demand
Analysts had forecast a 20.97 percent fall in comparable sales, but the company reported a 13 percent rise.
Retail
Nordstrom Reports 53% Dip in Sales
The Seattle-based company's online sales also fell 5 percent in the quarter ending on Aug. 1.
Nordstrom Reports 53% Dip in Sales
The Seattle-based company's online sales also fell 5 percent in the quarter ending on Aug. 1.
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Luxury
Luxury Events Are Back. Is the Industry Ready?
This week, everyone will be talking about the first Swiss watch fair since the pandemic, a slew of American retail earnings and China's Qixi festival. Get your BoF Professional Cheat Sheet.
Luxury Events Are Back. Is the Industry Ready?
This week, everyone will be talking about the first Swiss watch fair since the pandemic, a slew of American retail earnings and China's Qixi festival. Get your BoF Professional Cheat Sheet.
Retail
L Brands Reports 63% Surge in Same-Store Sales
The growth was fuelled by its Bath & Body Works brand.
L Brands Reports 63% Surge in Same-Store Sales
The growth was fuelled by its Bath & Body Works brand.
Retail
Farfetch Sales Soared During Lockdowns
The fashion marketplace sold record levels of merchandise and cut down on its losses as luxury shoppers pivoted online.
Farfetch Sales Soared During Lockdowns
The fashion marketplace sold record levels of merchandise and cut down on its losses as luxury shoppers pivoted online.
Retail
Is Luxury E-Commerce Still Booming?
This week, everyone will be talking about Tapestry's first earnings since CEO Jide Zeitlin stepped down, the return of in-person shows at Copenhagen Fashion Week and the luxury e-commerce boom. Get your BoF Professional Cheat Sheet.
Is Luxury E-Commerce Still Booming?
This week, everyone will be talking about Tapestry's first earnings since CEO Jide Zeitlin stepped down, the return of in-person shows at Copenhagen Fashion Week and the luxury e-commerce boom. 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.