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.
fashion-tech
Technology
Bits & Bytes | L'Oréal Invests in Start-Ups, Slowing Internet Growth
This week, L'Oréal acquires its first beauty tech start-up ModiFace, while a new tech industry report suggests a slowing growth in Internet users.
Bits & Bytes | L'Oréal Invests in Start-Ups, Slowing Internet Growth
This week, L'Oréal acquires its first beauty tech start-up ModiFace, while a new tech industry report suggests a slowing growth in Internet users.
Technology
Bits & Bytes | The Retailer Amazon Can't Destroy, Facial Recognition in Stores
This week, Ulta is one Amazon's main competitors in the beauty space, while stores could be tracking customers with facial recognition technology.
Bits & Bytes | The Retailer Amazon Can't Destroy, Facial Recognition in Stores
This week, Ulta is one Amazon's main competitors in the beauty space, while stores could be tracking customers with facial recognition technology.
Technology
Bits & Bytes | Zara's High-Tech Flagship, Amazon Sales to Match Walmart's
This week, Zara opens a London flagship with automated order collection points and self-checkout, while Amazon's US sales are set to match Walmart's in three years.
Bits & Bytes | Zara's High-Tech Flagship, Amazon Sales to Match Walmart's
This week, Zara opens a London flagship with automated order collection points and self-checkout, while Amazon's US sales are set to match Walmart's in three years.
Technology
Bits & Bytes | LVMH Reportedly Backs Lyst, Google's Style Match Feature
This week, LVMH allegedly leads a new round of investment in Lyst, while Google launches a new image recognition technology.
Bits & Bytes | LVMH Reportedly Backs Lyst, Google's Style Match Feature
This week, LVMH allegedly leads a new round of investment in Lyst, while Google launches a new image recognition technology.
Technology
Bits & Bytes | Instagram Launches Commerce Payments, US Online Spending Passes $100 Billion
This week, Instagram offers a native payments feature for some users, while US online spending grows 14.4 percent year-on-year.
Bits & Bytes | Instagram Launches Commerce Payments, US Online Spending Passes $100 Billion
This week, Instagram offers a native payments feature for some users, while US online spending grows 14.4 percent year-on-year.
Technology
Bits & Bytes | Apple Moves Into Media, Faces Are the New Currency
This week, Apple aims to become a luxury fashion lifestyle and content brand, while faces could turn into digital calling cards.
Bits & Bytes | Apple Moves Into Media, Faces Are the New Currency
This week, Apple aims to become a luxury fashion lifestyle and content brand, while faces could turn into digital calling cards.
Technology
Bits & Bytes | Apple's Next Frontier Are Glasses, How Brands Used Tech at Coachella
This week, Apple will use AR to reinvent glasses, while some fashion brands used technology to bring their activations to life at the festival.
Bits & Bytes | Apple's Next Frontier Are Glasses, How Brands Used Tech at Coachella
This week, Apple will use AR to reinvent glasses, while some fashion brands used technology to bring their activations to life at the festival.
Technology
Farfetch Launches Start-Up Accelerator
On the road to an IPO, the fashion unicorn is launching a start-up accelerator aimed at driving innovation for online and physical stores.
Farfetch Launches Start-Up Accelerator
On the road to an IPO, the fashion unicorn is launching a start-up accelerator aimed at driving innovation for online and physical stores.
Technology
Bits & Bytes | The RealReal Hunts for Funding, Robots to Replace Humans in Retail
This week, the luxury resale company wants to raise $100 million in funding, while JD.com's Richard Liu says AI will take over retail.
Bits & Bytes | The RealReal Hunts for Funding, Robots to Replace Humans in Retail
This week, the luxury resale company wants to raise $100 million in funding, while JD.com's Richard Liu says AI will take over retail.
Technology
With Privacy Changes, Instagram Upsets Influencer Economy
As the Facebook-owned platform works to lock down its privacy policy amid mounting public pressure, some fashion apps and social media influencers are left scrambling.
With Privacy Changes, Instagram Upsets Influencer Economy
As the Facebook-owned platform works to lock down its privacy policy amid mounting public pressure, some fashion apps and social media influencers are left scrambling.
Technology
Bits & Bytes | Condé Nast's Pivot to Video, Alibaba Invests in Facial-Recognition Tech
This week, Condé Nast bets on video to drive its publications forward, while Alibaba invests in major player in China's artificial intelligence industry.
Bits & Bytes | Condé Nast's Pivot to Video, Alibaba Invests in Facial-Recognition Tech
This week, Condé Nast bets on video to drive its publications forward, while Alibaba invests in major player in China's artificial intelligence industry.
Technology
Bits & Bytes | EBay Fashion's Repositioning, Beauty Apps for Skincare
This week, eBay Fashion aims to compete against Amazon with a new campaign, while beauty companies are investing in apps to tap into the Gen-Z consumer.
Bits & Bytes | EBay Fashion's Repositioning, Beauty Apps for Skincare
This week, eBay Fashion aims to compete against Amazon with a new campaign, while beauty companies are investing in apps to tap into the Gen-Z consumer.
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.