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.
jewellery
Partner Content
At APM Monaco, a Company Culture Defined by Transparency and Technology
Philippe and Kika Prette, CEO and chief creative officer of the Monte Carlo-based jeweller, share how they have sustained APM’s culture during the company’s rapid growth — with a focus on digital innovation and a fully transparent work culture.
At APM Monaco, a Company Culture Defined by Transparency and Technology
Philippe and Kika Prette, CEO and chief creative officer of the Monte Carlo-based jeweller, share how they have sustained APM’s culture during the company’s rapid growth — with a focus on digital innovation and a fully transparent work culture.
Direct-to-Consumer
Case Study | Building a DTC Challenger Brand
Fashion entrepreneurs need a new playbook to launch, scale and differentiate their companies, as regulations and rising costs mean performance marketing can no longer serve the critical role it once did for DTC brands. Finding the right positioning and capturing market share can mean going back to the brand-building basics, as BoF profiles of Gymshark, Hodinkee and Mejuri show.
Case Study | Building a DTC Challenger Brand
Fashion entrepreneurs need a new playbook to launch, scale and differentiate their companies, as regulations and rising costs mean performance marketing can no longer serve the critical role it once did for DTC brands. Finding the right positioning and capturing market share can mean going back to the brand-building basics, as BoF profiles of Gymshark, Hodinkee and Mejuri show.
Luxury
As Travel Booms, Fashion’s Hospitality Ambitions Heat Up
As travel bounces back after two-plus years of limited trips, fashion-branded hotels have gained fresh momentum.
As Travel Booms, Fashion’s Hospitality Ambitions Heat Up
As travel bounces back after two-plus years of limited trips, fashion-branded hotels have gained fresh momentum.
Luxury
Diamond Prices Spike, Sanctions Disrupt Supply Chain
Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.
Diamond Prices Spike, Sanctions Disrupt Supply Chain
Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.
Luxury
The Diamond World Is Scrambling to Keep Buying Russian Gems
Buyers across the big trading centres in Antwerp and Dubai and manufacturing hubs in India have spent the past two weeks consulting lawyers to determine what the US sanctions on Alrosa PJSC mean and how they can continue to buy, according to people familiar with the matter.
The Diamond World Is Scrambling to Keep Buying Russian Gems
Buyers across the big trading centres in Antwerp and Dubai and manufacturing hubs in India have spent the past two weeks consulting lawyers to determine what the US sanctions on Alrosa PJSC mean and how they can continue to buy, according to people familiar with the matter.
Luxury
L Catterton Explores Sale of Jeweller John Hardy
John Hardy, the jewellery brand founded in Bali in 1975, is exploring a sale after being acquired by private equity firm L Catterton about eight years ago, according to people with knowledge of the matter.
L Catterton Explores Sale of Jeweller John Hardy
John Hardy, the jewellery brand founded in Bali in 1975, is exploring a sale after being acquired by private equity firm L Catterton about eight years ago, according to people with knowledge of the matter.
China
Why Jewellers Are Still Betting on Hong Kong
After mass protests and some of the world’s toughest pandemic restrictions devastated Hong Kong’s luxury market, the city is still a vital B2B hub for the jewellery sector.
Why Jewellers Are Still Betting on Hong Kong
After mass protests and some of the world’s toughest pandemic restrictions devastated Hong Kong’s luxury market, the city is still a vital B2B hub for the jewellery sector.
Retail
What Happens When the E-Commerce Boom Ends
Online sales growth is slowing, returning to its pre-pandemic trajectory. As shoppers head back into the store, their new expectations around service set the stage for the next chapter of retail.
What Happens When the E-Commerce Boom Ends
Online sales growth is slowing, returning to its pre-pandemic trajectory. As shoppers head back into the store, their new expectations around service set the stage for the next chapter of retail.
Luxury
Swiss Watchmakers Grapple With Fallout of Russian Crisis
Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact of sanctions on rich Russians arising from the war in Ukraine.
Swiss Watchmakers Grapple With Fallout of Russian Crisis
Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact of sanctions on rich Russians arising from the war in Ukraine.
Luxury
UK Adds Diamond Producer Alrosa to Sanctions List
Britain sanctioned another wave of Russia’s banks, critical industries and a host of members of its elite on Thursday, including Gazprombank, Alfa Bank, and a woman they said was the stepdaughter of foreign minister Sergeĭ Lavrov.
UK Adds Diamond Producer Alrosa to Sanctions List
Britain sanctioned another wave of Russia’s banks, critical industries and a host of members of its elite on Thursday, including Gazprombank, Alfa Bank, and a woman they said was the stepdaughter of foreign minister Sergeĭ Lavrov.
Global Markets
US Boycotts Conflict Diamond Meetings Chaired by Russia
The United States and Britain are boycotting some Kimberley Process meetings because they are chaired by Russia, in a sign of how geopolitical rifts due to Russia’s invasion of Ukraine are affecting international diamond certification efforts.
US Boycotts Conflict Diamond Meetings Chaired by Russia
The United States and Britain are boycotting some Kimberley Process meetings because they are chaired by Russia, in a sign of how geopolitical rifts due to Russia’s invasion of Ukraine are affecting international diamond certification efforts.
Luxury
Signet Hits Diamond Trade With Refusal to Buy Russian Gems
The move by the largest diamond retailer in the industry’s most important market will create difficulties through the entire global supply chain.
Signet Hits Diamond Trade With Refusal to Buy Russian Gems
The move by the largest diamond retailer in the industry’s most important market will create difficulties through the entire global supply chain.
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.