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.

This week’s round-up of global markets fashion business news also features Chinese textile exports, Kenyan manufacturers and Saudi Arabia’s luxury watch market.

This week’s round-up of global markets fashion business news also features Chinese textile exports, Kenyan manufacturers and Saudi Arabia’s luxury watch market.

Current chief marketing officer, Berta de Pablos-Barbier, will take over as CEO in March.

Current chief marketing officer, Berta de Pablos-Barbier, will take over as CEO in March.

The LA-based brand is expanding into demi-fine jewellery, the latest step in its bid to capture a bigger share of its customers’ closets.

The LA-based brand is expanding into demi-fine jewellery, the latest step in its bid to capture a bigger share of its customers’ closets.

Botswana, once a thriving nation due to its diamond wealth, now faces a severe economic crisis as the diamond market collapses, leading to widespread social and financial challenges.

Botswana, once a thriving nation due to its diamond wealth, now faces a severe economic crisis as the diamond market collapses, leading to widespread social and financial challenges.

Inspired by ancient Roman coins, the brand’s Talisman collection — its biggest product drop of 2025 — marks another step in its push to become a more fashion-oriented jeweller

Inspired by ancient Roman coins, the brand’s Talisman collection — its biggest product drop of 2025 — marks another step in its push to become a more fashion-oriented jeweller

As men wear more jewellery, the segment is becoming a growth engine at retailers, where new brands that hit the spot are finding quick success — and established names are discovering a lucrative new niche.

As men wear more jewellery, the segment is becoming a growth engine at retailers, where new brands that hit the spot are finding quick success — and established names are discovering a lucrative new niche.

The fashion jewellery retailer announced it would sell its North American business to private equity firm Ames Watson for an undisclosed amount, aiming to cut losses during ongoing US bankruptcy proceedings.

The fashion jewellery retailer announced it would sell its North American business to private equity firm Ames Watson for an undisclosed amount, aiming to cut losses during ongoing US bankruptcy proceedings.

DTC fine jewellery brand Mejuri is entering the sports world through a new collaboration with Racquet Magazine, set to release to the public ahead of the US Open.

DTC fine jewellery brand Mejuri is entering the sports world through a new collaboration with Racquet Magazine, set to release to the public ahead of the US Open.

Claire’s needs to address a nearly $500 million loan due in December 2026 and recently chose to defer interest payments on its debt to conserve cash.

Claire’s needs to address a nearly $500 million loan due in December 2026 and recently chose to defer interest payments on its debt to conserve cash.

Plenty of people, it turns out. And they want ruby fruit pendants, 18 karat gold slinky-shaped bracelets and amethyst-and-jade camp necklaces too, as funky designs shake up the fine jewellery category.

Plenty of people, it turns out. And they want ruby fruit pendants, 18 karat gold slinky-shaped bracelets and amethyst-and-jade camp necklaces too, as funky designs shake up the fine jewellery category.

Anglo American is set to sell De Beers, with former CEOs and other mining veterans expressing interest amid a market showing signs of stabilisation after a recent crisis.

Anglo American is set to sell De Beers, with former CEOs and other mining veterans expressing interest amid a market showing signs of stabilisation after a recent crisis.

Centuries-old heritage brands and contemporary jewellers from India are opening stores in North America, the Middle East, Southeast Asia and the UK, but few have broadened their offering to appeal to a client base beyond the South Asian diaspora.

Centuries-old heritage brands and contemporary jewellers from India are opening stores in North America, the Middle East, Southeast Asia and the UK, but few have broadened their offering to appeal to a client base beyond the South Asian diaspora.
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.
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.
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
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.
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
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.
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.
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.