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 | Facebook Under FTC Investigation, Human Microchipping for Skincare
This week, demands grow for Facebook to explain its privacy policies, while human microchips may signal the future for the beauty industry.
Bits & Bytes | Facebook Under FTC Investigation, Human Microchipping for Skincare
This week, demands grow for Facebook to explain its privacy policies, while human microchips may signal the future for the beauty industry.
Technology
Op-Ed | Blockchains Could Upend the Fashion Business
Blockchain will revolutionise the industry in the next 10 years, but a number of systems have to be built to support it, argues Charles Beckwith.
Op-Ed | Blockchains Could Upend the Fashion Business
Blockchain will revolutionise the industry in the next 10 years, but a number of systems have to be built to support it, argues Charles Beckwith.
Technology
Tencent Profit Beats Estimates
The company almost doubled net income to a record $3.3 billion driven by its vast social networks WeChat and QQ.
Tencent Profit Beats Estimates
The company almost doubled net income to a record $3.3 billion driven by its vast social networks WeChat and QQ.
Technology
Bits & Bytes | JD.com Counterfeit Scandal, Zara Launches AR App
This week, e-commerce company JD.com is accused of selling counterfeit products, while Zara launches an augmented reality app to lure millennials.
Bits & Bytes | JD.com Counterfeit Scandal, Zara Launches AR App
This week, e-commerce company JD.com is accused of selling counterfeit products, while Zara launches an augmented reality app to lure millennials.
Technology
Bits & Bytes | Online Luxury Market to Triple by 2025, Stitch Fix Shares Fall 6 Percent
This week, online sales of personal luxury goods are set to reach $90 million, while Stitch Fix shares fall after posting second-quarter results.
Bits & Bytes | Online Luxury Market to Triple by 2025, Stitch Fix Shares Fall 6 Percent
This week, online sales of personal luxury goods are set to reach $90 million, while Stitch Fix shares fall after posting second-quarter results.
Technology
Bits & Bytes | The First Digital Supermodel, Apple Takes the Lead on Wearables
This week, Shudu is the first digitally-created supermodel, while Apple overtakes Fitbit in wearables sales.
Bits & Bytes | The First Digital Supermodel, Apple Takes the Lead on Wearables
This week, Shudu is the first digitally-created supermodel, while Apple overtakes Fitbit in wearables sales.
Technology
Bits & Bytes | Dolce & Gabbana Sends Drones Down the Runway, JD.com's Blockchain Accelerator
This week, Dolce & Gabbana uses drones instead of models at Milan Fashion Week, while JD.com launches accelerator for blockchain start-ups.
Bits & Bytes | Dolce & Gabbana Sends Drones Down the Runway, JD.com's Blockchain Accelerator
This week, Dolce & Gabbana uses drones instead of models at Milan Fashion Week, while JD.com launches accelerator for blockchain start-ups.
Technology
Bits & Bytes | Apple Watch Outperforms Swiss Watchmakers, Amazon and Target in War Over Apparel
This week, Apple sells more watches than the entire Swiss watchmaking industry, while Apple and Target are in competition for the same customer.
Bits & Bytes | Apple Watch Outperforms Swiss Watchmakers, Amazon and Target in War Over Apparel
This week, Apple sells more watches than the entire Swiss watchmaking industry, while Apple and Target are in competition for the same customer.
Technology
Bits & Bytes | Echo Look Partners With Vogue and GQ, Can an App Launch Fashion's #MeToo?
This week, Amazon's Echo Look will partner with Condé Nast publications to give out fashion advice, while Humans of Fashion will launch an app to provide the industry with a support network.
Bits & Bytes | Echo Look Partners With Vogue and GQ, Can an App Launch Fashion's #MeToo?
This week, Amazon's Echo Look will partner with Condé Nast publications to give out fashion advice, while Humans of Fashion will launch an app to provide the industry with a support network.
Technology
Bits & Bytes | Intel Launches Smart Glasses, AI Retail Spending to Reach $7 Billion
This week, Intel makes its first foray into wearables, while retailers are set to spend over $7.3 billion on AI by 2022.
Bits & Bytes | Intel Launches Smart Glasses, AI Retail Spending to Reach $7 Billion
This week, Intel makes its first foray into wearables, while retailers are set to spend over $7.3 billion on AI by 2022.
Technology
Walmart's Tech Incubator Buys VR Startup Spatialand
Spatialand, which worked with Walmart's incubator Store No 8 on project last year, is a software platform that helps create virtual reality experiences.
Walmart's Tech Incubator Buys VR Startup Spatialand
Spatialand, which worked with Walmart's incubator Store No 8 on project last year, is a software platform that helps create virtual reality experiences.
Technology
Bits & Bytes | Nike's Algorithm-Designed Sneaker, Amazon Raises Seller Fees
This week, Nike uses algorithms to design its Epic React Flyknit trainer, while Amazon raises fees for third-party apparel sellers.
Bits & Bytes | Nike's Algorithm-Designed Sneaker, Amazon Raises Seller Fees
This week, Nike uses algorithms to design its Epic React Flyknit trainer, while Amazon raises fees for third-party apparel sellers.
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.