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.
inflation
Latest News & Analysis
Luxury
Chanel Hikes Handbag Prices in Run-up to Christmas
French luxury group Chanel has hiked prices of some of its most sought after handbags at a time when strong consumer demand and low stocks in the run-up to the holiday shopping season are boosting their exclusivity.
Chanel Hikes Handbag Prices in Run-up to Christmas
French luxury group Chanel has hiked prices of some of its most sought after handbags at a time when strong consumer demand and low stocks in the run-up to the holiday shopping season are boosting their exclusivity.
Retail
US Holiday Sales to Rise as Much as 10.5%, Hit Record Levels
US holiday sales could rise over 10 percent this year, a trade body said on Wednesday, as major consumer goods makers and retailers work to prevent supply chain disruptions from leaving shelves empty of in-demand toys and games.
US Holiday Sales to Rise as Much as 10.5%, Hit Record Levels
US holiday sales could rise over 10 percent this year, a trade body said on Wednesday, as major consumer goods makers and retailers work to prevent supply chain disruptions from leaving shelves empty of in-demand toys and games.
Retail
BoF LIVE: Why Price Inflation Is Coming to Fashion
Simeon Siegal, BMO Capital Markets managing director and Jyothi Rao, Intermix chief executive join BoF to discuss why fashion brands are raising prices and pulling back on discounts, and whether the trend will last.
BoF LIVE: Why Price Inflation Is Coming to Fashion
Simeon Siegal, BMO Capital Markets managing director and Jyothi Rao, Intermix chief executive join BoF to discuss why fashion brands are raising prices and pulling back on discounts, and whether the trend will last.
Retail
Can Asos Handle Fast Fashion’s Headwinds?
The abrupt departure of the fast fashion e-tailer’s CEO alongside a warning profits could fall sharply this year have raised the stakes for the company’s strategy update next month.
Can Asos Handle Fast Fashion’s Headwinds?
The abrupt departure of the fast fashion e-tailer’s CEO alongside a warning profits could fall sharply this year have raised the stakes for the company’s strategy update next month.
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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.