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.
Fur
Latest News & Analysis
Luxury
Luxury’s Fur Calculus: To Ban or Not to Ban?
This week, French luxury conglomerate Kering made a commitment to go entirely fur-free, but the calculus looks different for LVMH, the world’s largest luxury group.
Luxury’s Fur Calculus: To Ban or Not to Ban?
This week, French luxury conglomerate Kering made a commitment to go entirely fur-free, but the calculus looks different for LVMH, the world’s largest luxury group.
Sustainability
Kering CEO Says Fur Has ‘No Place in Luxury’
Kering brands like Gucci and Bottega Veneta banned fur years ago, but the French luxury group is extending the policy across all its labels.
Kering CEO Says Fur Has ‘No Place in Luxury’
Kering brands like Gucci and Bottega Veneta banned fur years ago, but the French luxury group is extending the policy across all its labels.
Luxury
New Study Estimates Covid-19 Cost Fur Market $5 Billion
The value of the global fur retail trade reached an estimated $20.1 billion in 2020, but would have been roughly 25 percent stronger were it not for the pandemic, according to a new study conducted by the University of Copenhagen and commissioned by the International Fur Federation (IFF), a trade group.
New Study Estimates Covid-19 Cost Fur Market $5 Billion
The value of the global fur retail trade reached an estimated $20.1 billion in 2020, but would have been roughly 25 percent stronger were it not for the pandemic, according to a new study conducted by the University of Copenhagen and commissioned by the International Fur Federation (IFF), a trade group.
Luxury
Denmark to Cull Mink Population After Virus Fears
The industry association for Danish mink breeders said the government's decision amounted to a death knell for the country's pelt industry.
Denmark to Cull Mink Population After Virus Fears
The industry association for Danish mink breeders said the government's decision amounted to a death knell for the country's pelt industry.
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Sustainability
Alexi Lubomirski: Conscious Creativity and the Fight Against Fur
On stage at BoF VOICES, the fashion photographer called on industry leaders to stop working with fur, feathers and exotic skins.
Alexi Lubomirski: Conscious Creativity and the Fight Against Fur
On stage at BoF VOICES, the fashion photographer called on industry leaders to stop working with fur, feathers and exotic skins.
News & Analysis
California Bans Fur Products
Governor Gavin Newsom called it one of the strongest animal rights laws in US history.'
California Bans Fur Products
Governor Gavin Newsom called it one of the strongest animal rights laws in US history.'
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.
News & Analysis
Why the Fur Industry Is Betting on Influencers
Global fur sales fell to $33 billion last year, down from $40 billion in 2015. Now, Saga Furs, which provides fur for numerous high fashion houses, is turning to influencers like Bryanboy to turn the tide.
Why the Fur Industry Is Betting on Influencers
Global fur sales fell to $33 billion last year, down from $40 billion in 2015. Now, Saga Furs, which provides fur for numerous high fashion houses, is turning to influencers like Bryanboy to turn the tide.
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News & Analysis
New York Mayor Backs Fur Ban, Displeasing Political Ally in Iowa
The mayor of New York's announcement he plans to ban fur may be a potential impasse to his presidential run.
New York Mayor Backs Fur Ban, Displeasing Political Ally in Iowa
The mayor of New York's announcement he plans to ban fur may be a potential impasse to his presidential run.
News & Analysis
Prada Joins Fashion’s Anti-Fur Movement
After a targeted public protest and behind-the-scenes discussions with activist groups, the luxury group will stop using animal fur from Spring/Summer 2020 onwards.
Prada Joins Fashion’s Anti-Fur Movement
After a targeted public protest and behind-the-scenes discussions with activist groups, the luxury group will stop using animal fur from Spring/Summer 2020 onwards.
News & Analysis
Prada Bans Fur From Catwalk, Bowing to Ethical Fashion Demand
The Italian luxury goods group has vowed to stop the use of fur in line with the changing face of consumer attitude.
Prada Bans Fur From Catwalk, Bowing to Ethical Fashion Demand
The Italian luxury goods group has vowed to stop the use of fur in line with the changing face of consumer attitude.
News & Analysis
Kering to Push Stricter Animal Welfare Standard Worldwide
The group's Animal Welfare Standards support prohibiting intensive farming and the use of sub-therapeutic antibiotic treatments.
Kering to Push Stricter Animal Welfare Standard Worldwide
The group's Animal Welfare Standards support prohibiting intensive farming and the use of sub-therapeutic antibiotic treatments.
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.