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.
fast-fashion
Retail
Boohoo Shoppers Undeterred by Scandal
The ultra-fast fashion company boosted its outlook as its core customer base appeared unfazed by reports of poor working conditions in its supply chain.
Boohoo Shoppers Undeterred by Scandal
The ultra-fast fashion company boosted its outlook as its core customer base appeared unfazed by reports of poor working conditions in its supply chain.
Retail
Boohoo Review Finds ‘Unacceptable Issues’ in Leicester Supply Chain
The review found that some workers had not always been properly compensated for their work and that many were not fully aware of their rights.
Boohoo Review Finds ‘Unacceptable Issues’ in Leicester Supply Chain
The review found that some workers had not always been properly compensated for their work and that many were not fully aware of their rights.
Retail
Will This Time Be Different for Neiman Marcus and J.C. Penney?
This week, everyone will be talking about fashion weeks in New York and London, the post-bankruptcy futures of Neiman Marcus and J.C. Penney, and sales updates from the owners of Zara and H&M. Get your BoF Professional Cheat Sheet.
Will This Time Be Different for Neiman Marcus and J.C. Penney?
This week, everyone will be talking about fashion weeks in New York and London, the post-bankruptcy futures of Neiman Marcus and J.C. Penney, and sales updates from the owners of Zara and H&M. Get your BoF Professional Cheat Sheet.
Retail
Boohoo Shares Plunge After Suspending Business With Suppliers
Shares dropped as much as 17 percent in afternoon trading in London after the Guardian cited auditors’ findings that more than a dozen UK suppliers may be paying substandard wages.
Boohoo Shares Plunge After Suspending Business With Suppliers
Shares dropped as much as 17 percent in afternoon trading in London after the Guardian cited auditors’ findings that more than a dozen UK suppliers may be paying substandard wages.
Retail
Inditex Pledges to Maintain Workers’ Rights Throughout Its Supply Chain
In a joint agreement with global workers' union IndustriALL, the Zara owner has committed to ensuring health and safety standards are met and workers' rights to unionise are maintained.
Inditex Pledges to Maintain Workers’ Rights Throughout Its Supply Chain
In a joint agreement with global workers' union IndustriALL, the Zara owner has committed to ensuring health and safety standards are met and workers' rights to unionise are maintained.
Sustainability
Can Anything Shake Consumers’ Addiction to Fast Fashion?
Low-cost, high-volume fashion has come under fire for its environmental impact and unethical manufacturing practices. And yet, its cheap-chic combination remains compelling to both shoppers and investors.
Can Anything Shake Consumers’ Addiction to Fast Fashion?
Low-cost, high-volume fashion has come under fire for its environmental impact and unethical manufacturing practices. And yet, its cheap-chic combination remains compelling to both shoppers and investors.
Retail
Boohoo Tells UK Home Secretary It's Probing Charges of Malpractice
The fast fashion retailer said it supports proposals for a licensing scheme that would ensure all garment factories are meeting legal obligations.
Boohoo Tells UK Home Secretary It's Probing Charges of Malpractice
The fast fashion retailer said it supports proposals for a licensing scheme that would ensure all garment factories are meeting legal obligations.
Retail
Investor Drops Boohoo Shares Over Garment Worker Allegations
Standard Life Aberdeen, previously one of Boohoo's biggest investors, said the fast fashion group's response to reports of factory worker abuse was 'inadequate in scope, timeliness and gravity.'
Investor Drops Boohoo Shares Over Garment Worker Allegations
Standard Life Aberdeen, previously one of Boohoo's biggest investors, said the fast fashion group's response to reports of factory worker abuse was 'inadequate in scope, timeliness and gravity.'
Retail
Why Fashion ‘Slavery’ Is Making Headlines
Fashion’s mistreatment of garment workers is widespread, but this week, allegations of ‘modern slavery’ at suppliers of British ultra-fast fashion label Boohoo have ignited a firestorm. Why now?
Why Fashion ‘Slavery’ Is Making Headlines
Fashion’s mistreatment of garment workers is widespread, but this week, allegations of ‘modern slavery’ at suppliers of British ultra-fast fashion label Boohoo have ignited a firestorm. Why now?
Retail
Why Boohoo’s Remarkable Run Came to a Crashing Halt
The British fast fashion juggernaut’s ambitions to build an empire that could compete with the giants behind Zara and H&M was gaining ground this year. But allegations of poor working conditions in its factories have raised questions about its future.
Why Boohoo’s Remarkable Run Came to a Crashing Halt
The British fast fashion juggernaut’s ambitions to build an empire that could compete with the giants behind Zara and H&M was gaining ground this year. But allegations of poor working conditions in its factories have raised questions about its future.
Retail
COS: From ‘High Street Céline’ to Stagnation
H&M’s upmarket sister brand was once a proof point for the Swedish group’s ambitions to diversify away from its core fast-fashion business. But COS executives have struggled to keep pace with a shifting market while managing a troubled internal culture.
COS: From ‘High Street Céline’ to Stagnation
H&M’s upmarket sister brand was once a proof point for the Swedish group’s ambitions to diversify away from its core fast-fashion business. But COS executives have struggled to keep pace with a shifting market while managing a troubled internal culture.
Retail
Boohoo Acquires Warehouse and Oasis Brands
The Manchester Based Group, which also owns Nasty Gal and prettylittlething, paid £5 million for the struggling British apparel companies.
Boohoo Acquires Warehouse and Oasis Brands
The Manchester Based Group, which also owns Nasty Gal and prettylittlething, paid £5 million for the struggling British apparel companies.
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.