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
Global Markets
Fashion’s Race to the Indian Stock Market
From high-growth garment exporters to billion-dollar jewellers, Indian companies are gearing up for IPOs even as global economic uncertainty and market volatility threaten to delay some listings.
Fashion’s Race to the Indian Stock Market
From high-growth garment exporters to billion-dollar jewellers, Indian companies are gearing up for IPOs even as global economic uncertainty and market volatility threaten to delay some listings.
Entrepreneurship
Opinion: What Investors Won’t Tell You About Fund Raising
When it comes to raising capital, the gap between what fashion and beauty founders believe is happening and what is actually happening is often enormous, writes Olivier Rivard-Cohen.
Opinion: What Investors Won’t Tell You About Fund Raising
When it comes to raising capital, the gap between what fashion and beauty founders believe is happening and what is actually happening is often enormous, writes Olivier Rivard-Cohen.
Retail
Men’s Wearhouse Owner Files Confidentially for IPO
Tailored Brands Inc. is positioning itself to return to public markets later this year after filing for bankruptcy during the pandemic.
Men’s Wearhouse Owner Files Confidentially for IPO
Tailored Brands Inc. is positioning itself to return to public markets later this year after filing for bankruptcy during the pandemic.
Global Markets
Worldview | Rio de Janeiro Stages Fashion Week Comeback
This week’s round-up of global markets fashion business news also features Dubai malls, Mexican designers and China’s social commerce giant.
Worldview | Rio de Janeiro Stages Fashion Week Comeback
This week’s round-up of global markets fashion business news also features Dubai malls, Mexican designers and China’s social commerce giant.
Retail
Primark to Spin Off From AB Foods Into Standalone Company
Associated British Foods Plc will break up one of the UK’s biggest conglomerates in a move many in the market believed the billionaire controlling Weston family would never consider.
Primark to Spin Off From AB Foods Into Standalone Company
Associated British Foods Plc will break up one of the UK’s biggest conglomerates in a move many in the market believed the billionaire controlling Weston family would never consider.
Retail
A Survival Guide for Independent Brands
Prompted by the overwhelming response to a recent briefing about the ‘industry that eats its young,’ we’ve gathered the most vital strategies from the BoF archive to help independent designers navigate today’s fraught retail landscape.
A Survival Guide for Independent Brands
Prompted by the overwhelming response to a recent briefing about the ‘industry that eats its young,’ we’ve gathered the most vital strategies from the BoF archive to help independent designers navigate today’s fraught retail landscape.
Technology
Allbirds Soars 461% After Sneaker Firm Rebrands as AI Stock
The struggling sneaker company has announced a pivot to AI computing infrastructure, immediately sending its stock soaring.
Allbirds Soars 461% After Sneaker Firm Rebrands as AI Stock
The struggling sneaker company has announced a pivot to AI computing infrastructure, immediately sending its stock soaring.
Luxury
Golden Goose Looks to Bond Sale to Fund Private Equity Buyout
The Italian footwear brand has begun marketing an €880 million bond sale to finance its acquisition by Chinese firm HSG.
Golden Goose Looks to Bond Sale to Fund Private Equity Buyout
The Italian footwear brand has begun marketing an €880 million bond sale to finance its acquisition by Chinese firm HSG.
Luxury
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luxury
Swatch Urges Shareholders to Vote Against Activist Investor’s Bid for Board Seat
The luxury watch owner has urged shareholders to reject activist investor Steven Wood’s renewed board bid, as it moves to defend its governance and luxury brand strategy.
Swatch Urges Shareholders to Vote Against Activist Investor’s Bid for Board Seat
The luxury watch owner has urged shareholders to reject activist investor Steven Wood’s renewed board bid, as it moves to defend its governance and luxury brand strategy.
Retail
Unpacking Saks Global’s Post-Bankruptcy Plan
The luxury giant has filed its roadmap to exit Chapter 11 this summer, confirming it will not sell Bergdorf Goodman. Under the new deal, bankruptcy lenders will take full ownership, wipe away billions in debt and set the stage for a leaner, more profitable operation.
Unpacking Saks Global’s Post-Bankruptcy Plan
The luxury giant has filed its roadmap to exit Chapter 11 this summer, confirming it will not sell Bergdorf Goodman. Under the new deal, bankruptcy lenders will take full ownership, wipe away billions in debt and set the stage for a leaner, more profitable operation.
Global Markets
Worldview | Shanghai Fashion Week Courts Global Attention
This week’s round-up of global markets fashion business news also features Romanian designers, Colombia’s Inexmoda and the downturn at Dubai mall department stores.
Worldview | Shanghai Fashion Week Courts Global Attention
This week’s round-up of global markets fashion business news also features Romanian designers, Colombia’s Inexmoda and the downturn at Dubai mall department stores.
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.