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.
IPO
Latest News & Analysis
Retail
Allbirds Won Over Investors. Now What?
The sustainable sneaker company saw shares soar in its debut, but a strong opening act doesn’t guarantee success down the line, critics say.
Allbirds Won Over Investors. Now What?
The sustainable sneaker company saw shares soar in its debut, but a strong opening act doesn’t guarantee success down the line, critics say.
Retail
Sneaker Brand Allbirds Tops IPO Goal to Raise $303 Million
Shoemaker Allbirds Inc. expanded an initial public offering and priced the shares above a marketed range to raise $303 million.
Sneaker Brand Allbirds Tops IPO Goal to Raise $303 Million
Shoemaker Allbirds Inc. expanded an initial public offering and priced the shares above a marketed range to raise $303 million.
Retail
Rent the Runway’s Uphill Battle
This week, shares in the loss-making rental platform fell on their first day of trading. Can the platform convince enough women to try rental fast enough to please investors?
Rent the Runway’s Uphill Battle
This week, shares in the loss-making rental platform fell on their first day of trading. Can the platform convince enough women to try rental fast enough to please investors?
Retail
Skechers Said to Mull Options Including IPO for Asia Business
Skechers USA Inc. is considering strategic options for its Asia business, people with knowledge of the matter said.
Skechers Said to Mull Options Including IPO for Asia Business
Skechers USA Inc. is considering strategic options for its Asia business, people with knowledge of the matter said.
ADVERTISEMENT
Beauty
Report: India’s Nykaa IPO Heavily Oversubscribed by Anchor Investors
Indian cosmetics to fashion startup Nykaa received bids for 40 times the number of shares it plans to sell to anchor investors in its initial public offering (IPO), a source with direct knowledge said on Wednesday, indicating strong interest in the sale.
Report: India’s Nykaa IPO Heavily Oversubscribed by Anchor Investors
Indian cosmetics to fashion startup Nykaa received bids for 40 times the number of shares it plans to sell to anchor investors in its initial public offering (IPO), a source with direct knowledge said on Wednesday, indicating strong interest in the sale.
Retail
Unpacking Rent the Runway’s IPO
The rental platform may have redeemed its unicorn status on the public market, but critics are wary of its long-term growth potential.
Unpacking Rent the Runway’s IPO
The rental platform may have redeemed its unicorn status on the public market, but critics are wary of its long-term growth potential.
Direct-to-Consumer
The DTC Economy Faces Its Biggest Test Yet
This week, everyone will be talking about Rent the Runway’s IPO and Shopify’s growth plans.
The DTC Economy Faces Its Biggest Test Yet
This week, everyone will be talking about Rent the Runway’s IPO and Shopify’s growth plans.
Retail
Does the E-Commerce Spinoff Make Sense?
This week, Saks Fifth Avenue’s online arm appeared to be headed for a $6 billion IPO while an activist investor pushed Macy’s to follow suit and spin off its own e-commerce unit. But splitting up online and offline businesses, while tempting in the short-term, may be detrimental to long-term value creation.
Does the E-Commerce Spinoff Make Sense?
This week, Saks Fifth Avenue’s online arm appeared to be headed for a $6 billion IPO while an activist investor pushed Macy’s to follow suit and spin off its own e-commerce unit. But splitting up online and offline businesses, while tempting in the short-term, may be detrimental to long-term value creation.
ADVERTISEMENT
Global Markets
AliExpress Russia Prepares for 2022 IPO
AliExpress Russia, the e-commerce joint venture between Mail.ru Group and Alibaba Group, is considering going public in 2022, Tatiana Volochkovich, Investor Relations Director of Mail.ru Group, announced during the Mail.ru Group webinar Sources of Growth and Strategic Goals.
AliExpress Russia Prepares for 2022 IPO
AliExpress Russia, the e-commerce joint venture between Mail.ru Group and Alibaba Group, is considering going public in 2022, Tatiana Volochkovich, Investor Relations Director of Mail.ru Group, announced during the Mail.ru Group webinar Sources of Growth and Strategic Goals.
Direct-to-Consumer
The Original Direct-to-Consumer Brand Heads for the Exit
This week, everyone will be talking about Warby Parker going public via a direct listing, new designers at Paris Fashion Week and the premiere of BoF’s new television show.
The Original Direct-to-Consumer Brand Heads for the Exit
This week, everyone will be talking about Warby Parker going public via a direct listing, new designers at Paris Fashion Week and the premiere of BoF’s new television show.
Fashion Week
London Fashion Week Looks Beyond Burberry
This week, everyone will be talking about London’s emerging designers Supriya Lele, Nensi Dojaka and Harris Reed, as well as the Met Gala and On Running’s IPO.
London Fashion Week Looks Beyond Burberry
This week, everyone will be talking about London’s emerging designers Supriya Lele, Nensi Dojaka and Harris Reed, as well as the Met Gala and On Running’s IPO.
Financial Markets
Why On Running Could Be Worth $6 Billion
With its upcoming IPO, the Roger Federer-backed Swiss sneaker upstart expects to raise as much as $622 million at a valuation above $6 billion on the back of its rapid growth and plans to push further into the lucrative lifestyle market.
Why On Running Could Be Worth $6 Billion
With its upcoming IPO, the Roger Federer-backed Swiss sneaker upstart expects to raise as much as $622 million at a valuation above $6 billion on the back of its rapid growth and plans to push further into the lucrative lifestyle market.
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.