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.
earnings-report
Financial Markets
Luxury Sector Rallies On LVMH Results
In this month's Market Pulse, a set of impressive results by the French luxury conglomerate kickstarted 2019 with a note of optimism.
Luxury Sector Rallies On LVMH Results
In this month's Market Pulse, a set of impressive results by the French luxury conglomerate kickstarted 2019 with a note of optimism.
Financial Markets
Amazon Reports Better Than Expected Holiday Season Sales
But shares fell after the company's projections for the first quarter missed analyst estimates.
Amazon Reports Better Than Expected Holiday Season Sales
But shares fell after the company's projections for the first quarter missed analyst estimates.
Financial Markets
Vuitton Handbags Boost LVMH Sales
LVMH on Tuesday said it was "cautiously" confident about the year ahead after fourth-quarter sales held up in the face of fears of a slowdown in China.
Vuitton Handbags Boost LVMH Sales
LVMH on Tuesday said it was "cautiously" confident about the year ahead after fourth-quarter sales held up in the face of fears of a slowdown in China.
Luxury
LVMH Eases Fears of a Luxury Slowdown in China
LVMH posted a 9 percent rise in fourth-quarter comparable sales, in line with forecasts, despite concerns over a slowdown in China.
LVMH Eases Fears of a Luxury Slowdown in China
LVMH posted a 9 percent rise in fourth-quarter comparable sales, in line with forecasts, despite concerns over a slowdown in China.
Luxury
What Will LVMH's Annual Results Reveal About the China Slowdown?
This week, everyone will be talking about LVMH's annual results, the end of the government shutdown and Amazon's improving fashion sense. Read our BoF Professional Cheat Sheet.
What Will LVMH's Annual Results Reveal About the China Slowdown?
This week, everyone will be talking about LVMH's annual results, the end of the government shutdown and Amazon's improving fashion sense. Read our BoF Professional Cheat Sheet.
Financial Markets
VF's Results Ease China Concerns
Vans parent company VF Corp.’s quarterly beat, aided by a sales increase in China, is fuelling a rally in branded apparel peers that include Canada Goose.
VF's Results Ease China Concerns
Vans parent company VF Corp.’s quarterly beat, aided by a sales increase in China, is fuelling a rally in branded apparel peers that include Canada Goose.
Retail
Macy's Cuts Profit and Sales Forecast After Weak Holiday Season
Department stores had shown signs they were finding ways to cope with declining mall traffic and tough competition from online seller Amazon, but some are predicting an industry-wide slowdown this year.
Macy's Cuts Profit and Sales Forecast After Weak Holiday Season
Department stores had shown signs they were finding ways to cope with declining mall traffic and tough competition from online seller Amazon, but some are predicting an industry-wide slowdown this year.
Financial Markets
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
Luxury
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Financial Markets
Primark Owner Faces 'Challenging' Trading in November
AB Foods, parent company of Primark, blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales in November.
Primark Owner Faces 'Challenging' Trading in November
AB Foods, parent company of Primark, blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales in November.
Luxury
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Financial Markets
L Brands Shares Fall After Cutting Dividend
Sales at Victoria's Secret stores that have been open for at least a year fell 2 percent, but were better than analysts' average estimate of a 4 percent decline.
L Brands Shares Fall After Cutting Dividend
Sales at Victoria's Secret stores that have been open for at least a year fell 2 percent, but were better than analysts' average estimate of a 4 percent decline.
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.