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.
financial-results
Retail
American Eagle Hit by Weakened Demand
The US-based retailer saw shares drop by 7 percent amid sluggish demand and stiff competition in the retail space.
American Eagle Hit by Weakened Demand
The US-based retailer saw shares drop by 7 percent amid sluggish demand and stiff competition in the retail space.
Luxury
Richemont's Fashion Business: A Health Check
The Swiss luxury conglomerate has failed to turn brands like Chloé and Dunhill into a soft-luxury empire that can take on Kering and LVMH. Can recent operational changes turn the tide?
Richemont's Fashion Business: A Health Check
The Swiss luxury conglomerate has failed to turn brands like Chloé and Dunhill into a soft-luxury empire that can take on Kering and LVMH. Can recent operational changes turn the tide?
Luxury
Ralph Lauren Sales Soar, Defying Drag From Hong Kong
The luxury fashion house reported a 2 percent rise in revenue in North America thanks to a strengthened domestic market.
Ralph Lauren Sales Soar, Defying Drag From Hong Kong
The luxury fashion house reported a 2 percent rise in revenue in North America thanks to a strengthened domestic market.
Financial Markets
Under Armour Faces Federal Probe Over Accounting Practices
The sportswear company confirmed on Sunday that it is assisting a federal investigation into claims it had shifted sales from quarter to quarter dating back to 2017.
Under Armour Faces Federal Probe Over Accounting Practices
The sportswear company confirmed on Sunday that it is assisting a federal investigation into claims it had shifted sales from quarter to quarter dating back to 2017.
Luxury
Asian Sales Propel Hermès to Impressive Third Quarter Performance
The French luxury group joins rival LVMH in largely shrugging off fallout from Hong Kong’s political protests, with sales at Hermès up 15 percent in the third quarter.
Asian Sales Propel Hermès to Impressive Third Quarter Performance
The French luxury group joins rival LVMH in largely shrugging off fallout from Hong Kong’s political protests, with sales at Hermès up 15 percent in the third quarter.
Luxury
LVMH Unscathed by Hong Kong as Growth Sets High Bar for Luxury
Sales of fashion and leather goods rose 19 percent, with 'remarkable' performance at Louis Vuitton and Christian Dior, and total sales rose 11 percent.
LVMH Unscathed by Hong Kong as Growth Sets High Bar for Luxury
Sales of fashion and leather goods rose 19 percent, with 'remarkable' performance at Louis Vuitton and Christian Dior, and total sales rose 11 percent.
News & Analysis
What to Look Out for at L Brands' Investor Meeting
With company shares down 35 percent this year, investors are poised to demand answers at Tuesday's meeting. Here are some of the issues likely to be on shareholders’ minds.
What to Look Out for at L Brands' Investor Meeting
With company shares down 35 percent this year, investors are poised to demand answers at Tuesday's meeting. Here are some of the issues likely to be on shareholders’ minds.
News & Analysis
Nordstrom Reports Better Than Expected Results
The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals.
Nordstrom Reports Better Than Expected Results
The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals.
News & Analysis
Retailers Look to Put a Bad Week Behind Them
This week, everyone will be talking about financial results from Gap Inc., Nordstrom and other major retailers, the latest twists at L Brands and the booming clothing rental market. Read our BoF Professional Cheat Sheet
Retailers Look to Put a Bad Week Behind Them
This week, everyone will be talking about financial results from Gap Inc., Nordstrom and other major retailers, the latest twists at L Brands and the booming clothing rental market. Read our BoF Professional Cheat Sheet
News & Analysis
Tapestry Shares Tumble as Kate Spade Sales Weaken
Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand.
Tapestry Shares Tumble as Kate Spade Sales Weaken
Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand.
News & Analysis
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes
As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.
Financial Markets
Prada's Turnaround Is Under Pressure
Prada is on a mission to regain its footing in the high-stakes world of luxury fashion. Its latest set of results show that won’t be easy.
Prada's Turnaround Is Under Pressure
Prada is on a mission to regain its footing in the high-stakes world of luxury fashion. Its latest set of results show that won’t be easy.
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.