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
Inditex’s First Half Sales Surge Ahead of Potential Slowdown
In the first set of results since its founder’s daughter, Marta Ortega, took over as new non-executive chairman, the company said revenue for the period rose to €14.84 billion ($14.82 billion) from €11.9 billion a year earlier.
Inditex’s First Half Sales Surge Ahead of Potential Slowdown
In the first set of results since its founder’s daughter, Marta Ortega, took over as new non-executive chairman, the company said revenue for the period rose to €14.84 billion ($14.82 billion) from €11.9 billion a year earlier.
Sustainability
The Paradox of Kourtney Kardashian Selling Sustainability
Boohoo’s latest marketing move — tapping a mega-influencer as 'sustainability ambassador' — embodies the conflicts inherent in sustainability marketing.
The Paradox of Kourtney Kardashian Selling Sustainability
Boohoo’s latest marketing move — tapping a mega-influencer as 'sustainability ambassador' — embodies the conflicts inherent in sustainability marketing.
Sustainability
Is Resale Fuelling Overconsumption?
Ultra-fast fashion e-tailer PrettyLittleThing is the latest brand to launch a secondhand marketplace, playing into a debate over whether resale is becoming a smokescreen for even more and faster consumption.
Is Resale Fuelling Overconsumption?
Ultra-fast fashion e-tailer PrettyLittleThing is the latest brand to launch a secondhand marketplace, playing into a debate over whether resale is becoming a smokescreen for even more and faster consumption.
China
H&M Back to China’s Tmall After Cancellation Over Xinjiang
The online store, which has more than 14 million subscribers, is now available on the marketplace owned by Alibaba Group Holding Ltd.
H&M Back to China’s Tmall After Cancellation Over Xinjiang
The online store, which has more than 14 million subscribers, is now available on the marketplace owned by Alibaba Group Holding Ltd.
Sustainability
Op-Ed | The Radical Act of Curbing Consumption
Disconnecting from fashion’s hype cycle is the most effective way to both curb the industry’s environmental impact and develop a better relationship with our clothes, writes Alec Leach.
Op-Ed | The Radical Act of Curbing Consumption
Disconnecting from fashion’s hype cycle is the most effective way to both curb the industry’s environmental impact and develop a better relationship with our clothes, writes Alec Leach.
Retail
Uniqlo’s Owner Pushes Deeper Into North America With GU Brand
Opening this fall in Soho, New York, the pop-up store will be GU’s first outside Asia, where there are already 450 outlets selling more stylish and trendy apparel aimed at younger customers.
Uniqlo’s Owner Pushes Deeper Into North America With GU Brand
Opening this fall in Soho, New York, the pop-up store will be GU’s first outside Asia, where there are already 450 outlets selling more stylish and trendy apparel aimed at younger customers.
Sustainability
Love Island Still Turns Heads for Fast Fashion
This year the hit reality series was sponsored by resale site eBay, a move celebrated as promoting more responsible consumption. But the show is still a huge marketing opportunity for fast-fashion brands.
Love Island Still Turns Heads for Fast Fashion
This year the hit reality series was sponsored by resale site eBay, a move celebrated as promoting more responsible consumption. But the show is still a huge marketing opportunity for fast-fashion brands.
Sustainability
Asos, Boohoo Targeted in UK Greenwashing Probe
The Competition and Markets Authority said it opened an investigation into the three fashion brands “to scrutinise their ‘green’ claims,” saying it’s concerned that clothes, footwear and accessories are being marketed as eco-friendly with language that seems too vague and misleading.
Asos, Boohoo Targeted in UK Greenwashing Probe
The Competition and Markets Authority said it opened an investigation into the three fashion brands “to scrutinise their ‘green’ claims,” saying it’s concerned that clothes, footwear and accessories are being marketed as eco-friendly with language that seems too vague and misleading.
Retail
Shein Private Bids Imply $30 Billion Valuation Drop Since April
While some current shareholders in the private company are considering cashing out ahead of a future initial public offering, the valuation spread between buyers and sellers remains a hurdle to any trade, the people said, asking not to be identified because the matter is private.
Shein Private Bids Imply $30 Billion Valuation Drop Since April
While some current shareholders in the private company are considering cashing out ahead of a future initial public offering, the valuation spread between buyers and sellers remains a hurdle to any trade, the people said, asking not to be identified because the matter is private.
Retail
Gap Inc. CEO Sonia Syngal to Exit
The mall retailer has also tapped Horacio “Haio” Barbeito as chief executive of its Old Navy brand.
Gap Inc. CEO Sonia Syngal to Exit
The mall retailer has also tapped Horacio “Haio” Barbeito as chief executive of its Old Navy brand.
Sustainability
A Crash Course on The BoF Sustainability Index 2022
Founder and editor-in-chief Imran Amed unpacks findings from BoF’s Sustainability Index with the authors of the report.
A Crash Course on The BoF Sustainability Index 2022
Founder and editor-in-chief Imran Amed unpacks findings from BoF’s Sustainability Index with the authors of the report.
China
Forever 21 Takes Third Crack at China With New Bricks and Mortar Store
The brand said on social media platform WeChat that it would open a store “in June” at Jingjiang Impression City shopping centre in Taizhou, a third-tier city in the eastern province of Jiangsu, which neighbours Shanghai.
Forever 21 Takes Third Crack at China With New Bricks and Mortar Store
The brand said on social media platform WeChat that it would open a store “in June” at Jingjiang Impression City shopping centre in Taizhou, a third-tier city in the eastern province of Jiangsu, which neighbours Shanghai.
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.