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.
Investment
Latest News & Analysis
Luxury
What Makes Madison Avenue Work
The renaissance of the Upper East Side shopping district reflects a broader shift in how brands are rethinking their retail strategies, prioritising affluent neighbourhoods where loyal customers live and dine.
What Makes Madison Avenue Work
The renaissance of the Upper East Side shopping district reflects a broader shift in how brands are rethinking their retail strategies, prioritising affluent neighbourhoods where loyal customers live and dine.
Retail
Reformation Targets $1 Billion Valuation in IPO
The Permira-backed retailer said on Monday that it and some of its selling shareholders aim to raise up to $239.1 million in the IPO.
Reformation Targets $1 Billion Valuation in IPO
The Permira-backed retailer said on Monday that it and some of its selling shareholders aim to raise up to $239.1 million in the IPO.
Retail
Men’s Wearhouse Owner Tailored Brands Files for US IPO
Menswear company Tailored Brands Inc. filed publicly for an initial public offering, the latest step in its return to the public market.
Men’s Wearhouse Owner Tailored Brands Files for US IPO
Menswear company Tailored Brands Inc. filed publicly for an initial public offering, the latest step in its return to the public market.
Beauty
Makeup Label Manasi 7 Secures First Investment
The organic Swedish beauty brand has received strategic minority investment to support its next phase of growth.
Makeup Label Manasi 7 Secures First Investment
The organic Swedish beauty brand has received strategic minority investment to support its next phase of growth.
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Retail
Saks Global Exits Bankruptcy and Rebrands to Exemplar Luxury Group
The new corporate identity is meant to signal a new chapter for the retailer and hold the retailer accountable to a higher standard of partnership to brands, consumers and its employees, said CEO Geoffroy van Raemdonck.
Saks Global Exits Bankruptcy and Rebrands to Exemplar Luxury Group
The new corporate identity is meant to signal a new chapter for the retailer and hold the retailer accountable to a higher standard of partnership to brands, consumers and its employees, said CEO Geoffroy van Raemdonck.
Retail
Reformation Files for IPO, Touting 20 Straight Quarters of Double-Digit Growth
The direct-to-consumer pioneer is heading to Wall Street after surpassing $500 million in annual sales, betting investors will embrace a profitable premium fashion brand.
Reformation Files for IPO, Touting 20 Straight Quarters of Double-Digit Growth
The direct-to-consumer pioneer is heading to Wall Street after surpassing $500 million in annual sales, betting investors will embrace a profitable premium fashion brand.
Beauty
Oura Files Confidentially for IPO
The maker of popular smart rings that track health, fitness and sleep filed confidentially for a US initial public offering, a source told Bloomberg.
Oura Files Confidentially for IPO
The maker of popular smart rings that track health, fitness and sleep filed confidentially for a US initial public offering, a source told Bloomberg.
Beauty
E.l.f. Beauty Signals Caution Despite Rhode-Driven Growth
The US beauty conglomerate tempered its outlook for 2026, despite 25 percent growth last year led by Hailey Bieber’s beauty label Rhode.
E.l.f. Beauty Signals Caution Despite Rhode-Driven Growth
The US beauty conglomerate tempered its outlook for 2026, despite 25 percent growth last year led by Hailey Bieber’s beauty label Rhode.
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Beauty
Nutrition Startup Raises $100 Million to Maximise GLP-1 Weight Loss
Menlo Ventures, Thrive Capital, Index Ventures and JPMorgan participated in Nourish’s fundraise. The company’s goal is boosting and preserving improvements from weight-loss medications.
Nutrition Startup Raises $100 Million to Maximise GLP-1 Weight Loss
Menlo Ventures, Thrive Capital, Index Ventures and JPMorgan participated in Nourish’s fundraise. The company’s goal is boosting and preserving improvements from weight-loss medications.
Technology
Exclusive: Vêtir Valued at $150 Million in New Funding Round
The AI-powered styling and shopping app raised a $5.5 million Series A as it looks to expand.
Exclusive: Vêtir Valued at $150 Million in New Funding Round
The AI-powered styling and shopping app raised a $5.5 million Series A as it looks to expand.
Beauty
Henkel Ventures Invests in Ruka
The German conglomerate co-led a funding round for the UK biotech beauty brand, which makes alternatives to hair extensions.
Henkel Ventures Invests in Ruka
The German conglomerate co-led a funding round for the UK biotech beauty brand, which makes alternatives to hair extensions.
Beauty
How to ‘Un-Cancel’ a Beauty Product
Skinfluencers may dismiss products like makeup wipes, pore strips and face scrubs, but that hasn’t stopped them from becoming unlikely hits for beauty disruptors.
How to ‘Un-Cancel’ a Beauty Product
Skinfluencers may dismiss products like makeup wipes, pore strips and face scrubs, but that hasn’t stopped them from becoming unlikely hits for beauty disruptors.
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.