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
Financial Markets
Nuo Capital Acquires Stake in Slowear
The investment will help the Italian fashion group double its turnover to €100 million in the next five years.
Nuo Capital Acquires Stake in Slowear
The investment will help the Italian fashion group double its turnover to €100 million in the next five years.
Financial Markets
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Financial Markets
How Anine Bing Is Avoiding the Nasty Gal Trap
The community-driven brand has secured $15 million in a Series A financing round and aims to double its business next year by 2020.
How Anine Bing Is Avoiding the Nasty Gal Trap
The community-driven brand has secured $15 million in a Series A financing round and aims to double its business next year by 2020.
Financial Markets
Mejuri Wants to Upend Fine Jewellery With a Drop Model
The direct-to-consumer jeweller has raised $5 million in funding in a bid to revolutionise the industry through a drop model.
Mejuri Wants to Upend Fine Jewellery With a Drop Model
The direct-to-consumer jeweller has raised $5 million in funding in a bid to revolutionise the industry through a drop model.
Beauty
Billion-Dollar Beauty Brands Face Exit Conundrum
A new breed of buzzy beauty brands are using social media to drive rapid growth. But can they credibly command technology-style valuations?
Billion-Dollar Beauty Brands Face Exit Conundrum
A new breed of buzzy beauty brands are using social media to drive rapid growth. But can they credibly command technology-style valuations?
Financial Markets
Pat McGrath Receives $60 Million From Eurazeo Brands
The latest funding round brings the cosmetic line's total funding to $88 million, just two years since the company’s inception.
Pat McGrath Receives $60 Million From Eurazeo Brands
The latest funding round brings the cosmetic line's total funding to $88 million, just two years since the company’s inception.
Financial Markets
Fashion's Top VCs Open Their Playbooks
A new breed of VC firms is backing next-generation digital lifestyle brands targeting millennials. BoF talks to five of the top players to decode their investment theses.
Fashion's Top VCs Open Their Playbooks
A new breed of VC firms is backing next-generation digital lifestyle brands targeting millennials. BoF talks to five of the top players to decode their investment theses.
Financial Markets
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
Financial Markets
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Financial Markets
Google to Invest $550 Million in JD.com
It could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in US and European markets.
Google to Invest $550 Million in JD.com
It could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in US and European markets.
Financial Markets
Mansur Gavriel Exploring Sale of Minority Stake
The millennial accessories label is entertaining inbound offers from both strategic players and private equity firms, BoF has learned.
Mansur Gavriel Exploring Sale of Minority Stake
The millennial accessories label is entertaining inbound offers from both strategic players and private equity firms, BoF has learned.
Financial Markets
Op-Ed | Macy’s Upgrades by Becoming Less Like Macy’s
Macy's new investment in retail upstart b8ta provides a big hint about what the retail giant wants its next chapter to look like.
Op-Ed | Macy’s Upgrades by Becoming Less Like Macy’s
Macy's new investment in retail upstart b8ta provides a big hint about what the retail giant wants its next chapter to look like.
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.