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.
Investing
Latest News & Analysis
Financial Markets
LVMH-Backed Private Equity Fund Sees More US Job Growth Coming in June
L Catterton Co-Chief Executive Michael Chu said he expects job growth this month will outpace the rise in May.
LVMH-Backed Private Equity Fund Sees More US Job Growth Coming in June
L Catterton Co-Chief Executive Michael Chu said he expects job growth this month will outpace the rise in May.
News & Analysis
HPE Growth Backs WeTransfer in €35m Secondary Funding Round
"Our overarching mission is to become the go-to source for beautiful, intuitive tools that facilitate creativity, rather than distract from it."
HPE Growth Backs WeTransfer in €35m Secondary Funding Round
"Our overarching mission is to become the go-to source for beautiful, intuitive tools that facilitate creativity, rather than distract from it."
Financial Markets
Facebook Bets on Indian Start-Up in $125 Million Funding Round
The social network giant is the latest to join investments into Indian e-commerce marketplace Meesho, which connects apparel resellers to social media platforms including WhatsApp.
Facebook Bets on Indian Start-Up in $125 Million Funding Round
The social network giant is the latest to join investments into Indian e-commerce marketplace Meesho, which connects apparel resellers to social media platforms including WhatsApp.
Financial Markets
Ambani’s Reliance to Buy Google-Backed Indian E-Commerce Startup
The Indian multinational conglomerate will invest up to $42 million for a majority stake in the google-backed retail startup Fynd.
Ambani’s Reliance to Buy Google-Backed Indian E-Commerce Startup
The Indian multinational conglomerate will invest up to $42 million for a majority stake in the google-backed retail startup Fynd.
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Financial Markets
La Perla Owner Bets on Ralph & Russo with Minority Stake
The label made famous by Meghan Markle lost £2.5 million ($3.1 million) on £14.3 million of sales in 2017, according to public filings.
La Perla Owner Bets on Ralph & Russo with Minority Stake
The label made famous by Meghan Markle lost £2.5 million ($3.1 million) on £14.3 million of sales in 2017, according to public filings.
Beauty
Brazil's Natura to Invest in New Brands
The cosmetics company intends to invest in new brands in beauty and wellness segments in Europe and the United States through venture capital funds.
Brazil's Natura to Invest in New Brands
The cosmetics company intends to invest in new brands in beauty and wellness segments in Europe and the United States through venture capital funds.
News & Analysis
VC Firms Polish Their Own Brands to Chase the Next Consumer Hit
"The shift has accelerated as competition has grown and firms have paid more attention to consumer-facing startups."
VC Firms Polish Their Own Brands to Chase the Next Consumer Hit
"The shift has accelerated as competition has grown and firms have paid more attention to consumer-facing startups."
Luxury
Gabriela Hearst: A New Kind of Old Luxury
At a time when the idea of ‘American luxury’ can feel like an oxymoron, the Uruguayan-American entrepreneur has attracted backing from French luxury group LVMH for her honest vision, marrying beautifully crafted collections with sustainable business practices.
Gabriela Hearst: A New Kind of Old Luxury
At a time when the idea of ‘American luxury’ can feel like an oxymoron, the Uruguayan-American entrepreneur has attracted backing from French luxury group LVMH for her honest vision, marrying beautifully crafted collections with sustainable business practices.
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Financial Markets
Chinese Investors Woo European Brands. It’s Complicated.
Chinese backers have snapped up distressed European fashion labels hoping to tap the country’s millions of heritage-hungry millennials. But things haven’t always gone to plan.
Chinese Investors Woo European Brands. It’s Complicated.
Chinese backers have snapped up distressed European fashion labels hoping to tap the country’s millions of heritage-hungry millennials. But things haven’t always gone to plan.
Financial Markets
The BoF Podcast: StockX Co-Founder on Expanding from Streetwear to Luxury
The co-founder of the online sneaker marketplace explains why luxury is the perfect new frontier for expansion beyond footwear and streetwear.
The BoF Podcast: StockX Co-Founder on Expanding from Streetwear to Luxury
The co-founder of the online sneaker marketplace explains why luxury is the perfect new frontier for expansion beyond footwear and streetwear.
Beauty
Laura Mercier Founder Says Trust Yourself and Keep Working
Brand builder and investor Janet Gurwitch shares advice on choosing the right channel and the power of packaging.
Laura Mercier Founder Says Trust Yourself and Keep Working
Brand builder and investor Janet Gurwitch shares advice on choosing the right channel and the power of packaging.
Financial Markets
Tory Burch Programme for Women Receives Additional $50 Million from Bank of America
The funding awarded to the Tory Burch Foundation will support female entrepreneurs who might not qualify for traditional credit.
Tory Burch Programme for Women Receives Additional $50 Million from Bank of America
The funding awarded to the Tory Burch Foundation will support female entrepreneurs who might not qualify for traditional credit.
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.