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.
John Lewis
Latest News & Analysis
Retail
John Lewis To Cut 1,500 Head Office Jobs
The British retailer said the move was part of its strategy to return to sustainable profit by 2025.
John Lewis To Cut 1,500 Head Office Jobs
The British retailer said the move was part of its strategy to return to sustainable profit by 2025.
Workplace & Talent
Power Moves | Nike Names New Diversity Chief
This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.
Power Moves | Nike Names New Diversity Chief
This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.
Retail
John Lewis Set to Close Eight Stores and Cut 1,300 Jobs
The move follows as the British department store chain focuses on e-commerce, which is set to represent around 60 to 70 percent of its total sales this year and next.
John Lewis Set to Close Eight Stores and Cut 1,300 Jobs
The move follows as the British department store chain focuses on e-commerce, which is set to represent around 60 to 70 percent of its total sales this year and next.
Workplace & Talent
Power Moves | Hunter Creative Director Departs, LOVE Names Senior Editor
This week, Alasdhair Willis exited the British heritage brand, while LOVE appointed Pierre A. M’Pelé, aka Pam Boy, as its senior editor.
Power Moves | Hunter Creative Director Departs, LOVE Names Senior Editor
This week, Alasdhair Willis exited the British heritage brand, while LOVE appointed Pierre A. M’Pelé, aka Pam Boy, as its senior editor.
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Retail
John Lewis Full-Year Sales Could Fall 35%
Sales at the department stores were down 17 percent year-on-year since the middle of March.
John Lewis Full-Year Sales Could Fall 35%
Sales at the department stores were down 17 percent year-on-year since the middle of March.
Retail
John Lewis Poaches Boss of Telecoms Regulator to Be New Chairman
Sharon White will be John Lewis' sixth chairman and the first woman to hold the high-profile position in the retailer's 155-year history.
John Lewis Poaches Boss of Telecoms Regulator to Be New Chairman
Sharon White will be John Lewis' sixth chairman and the first woman to hold the high-profile position in the retailer's 155-year history.
Retail
John Lewis Cuts Employee Bonus to Lowest Since 1953
The cuts underscore the depth of Britain's current retail crisis.
John Lewis Cuts Employee Bonus to Lowest Since 1953
The cuts underscore the depth of Britain's current retail crisis.
Financial Markets
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
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Retail
John Lewis Profits Evaporate as Struggling Rivals Slash Prices
The group said profit before one-off items slumped 99 percent in first half of 2018, hit by its stores' pledge to match prices at rivals.
John Lewis Profits Evaporate as Struggling Rivals Slash Prices
The group said profit before one-off items slumped 99 percent in first half of 2018, hit by its stores' pledge to match prices at rivals.
Retail
Department Stores to Take Toll on John Lewis Profit
The warning comes after it reported a 22 percent drop in core profit to £289 million for its last financial year in March.
Department Stores to Take Toll on John Lewis Profit
The warning comes after it reported a 22 percent drop in core profit to £289 million for its last financial year in March.
Sustainability
Social Goods | ASOS Bans More Animal Fibres, Fashion Assistants Resist Verbal Abuse
This week, ASOS bans silk, mohair and cashmere, while fashion assistants stand up for their rights.
Social Goods | ASOS Bans More Animal Fibres, Fashion Assistants Resist Verbal Abuse
This week, ASOS bans silk, mohair and cashmere, while fashion assistants stand up for their rights.
Retail
John Lewis Wants to Be the Anti-Amazon
The retailer wants to build more personalised relationships with its customers through concierge-style services, doubling down on everything it says Amazon can’t do.
John Lewis Wants to Be the Anti-Amazon
The retailer wants to build more personalised relationships with its customers through concierge-style services, doubling down on everything it says Amazon can’t do.
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.