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.
leadership
Luxury
François-Henri Bennahmias to Launch New Luxury Swiss Watch Brand N3W5
The former Audemars Piguet chief secured a 30 million Swiss franc investment and involvement of enamelist Anita Porchet in a new luxury brand selling mechanical watches starting at 20,000 Swiss francs.
François-Henri Bennahmias to Launch New Luxury Swiss Watch Brand N3W5
The former Audemars Piguet chief secured a 30 million Swiss franc investment and involvement of enamelist Anita Porchet in a new luxury brand selling mechanical watches starting at 20,000 Swiss francs.
Beauty
South African Drugstore Empire Faces Succession Reckoning
As Dis-Chem’s chairman prepares to retire and current management rolls out ‘Health Hub’ concepts, investors are uncertain about the $1.7 billion pharmacy chain’s future.
South African Drugstore Empire Faces Succession Reckoning
As Dis-Chem’s chairman prepares to retire and current management rolls out ‘Health Hub’ concepts, investors are uncertain about the $1.7 billion pharmacy chain’s future.
Luxury
Face to Face With Luxury Clients
After a prolonged slowdown, luxury is gradually returning to growth, led by the US and China. Drawing on a survey of more than 2,000 clients and dozens of interviews across both markets, The Business of Fashion and McKinsey & Company find in the latest edition in our State of Fashion series a base of customers with increasingly distinct local preferences that nonetheless share an overarching desire for emotional connection.
Face to Face With Luxury Clients
After a prolonged slowdown, luxury is gradually returning to growth, led by the US and China. Drawing on a survey of more than 2,000 clients and dozens of interviews across both markets, The Business of Fashion and McKinsey & Company find in the latest edition in our State of Fashion series a base of customers with increasingly distinct local preferences that nonetheless share an overarching desire for emotional connection.
Beauty
The BoF Podcast | Oura CEO on the Future of Health Intelligence
One month after filing for an IPO, Tom Hale joined Imran Amed at The Business of Beauty Global Forum to lay out the company’s central thesis: that Oura is building the world’s first large physiological model, ‘continuously monitoring your body, learning from your physiology and helping you make better decisions.’
The BoF Podcast | Oura CEO on the Future of Health Intelligence
One month after filing for an IPO, Tom Hale joined Imran Amed at The Business of Beauty Global Forum to lay out the company’s central thesis: that Oura is building the world’s first large physiological model, ‘continuously monitoring your body, learning from your physiology and helping you make better decisions.’
Workplace & Talent
How to Get Hired in the Age of AI
As AI makes it easier than ever to produce polished résumés, recruiters are relying on new methods to assess attributes like judgment, adaptability and potential.
How to Get Hired in the Age of AI
As AI makes it easier than ever to produce polished résumés, recruiters are relying on new methods to assess attributes like judgment, adaptability and potential.
Beauty
Controlling Your Destiny: How Mona Kattan Reclaimed Her Voice
The founder of Kayali closed The Business of Beauty Global Forum by reflecting on her choice to carve out her fragrance label from the family business.
Controlling Your Destiny: How Mona Kattan Reclaimed Her Voice
The founder of Kayali closed The Business of Beauty Global Forum by reflecting on her choice to carve out her fragrance label from the family business.
Beauty
Sephora CEO Guillaume Motte on Creating Demand and Scaling Desire
The beauty retailer’s chief executive spoke at day two of The Business of Beauty Global Forum about the strategies that have led to $5 billion in growth over the past three years.
Sephora CEO Guillaume Motte on Creating Demand and Scaling Desire
The beauty retailer’s chief executive spoke at day two of The Business of Beauty Global Forum about the strategies that have led to $5 billion in growth over the past three years.
Workplace & Talent
BoF and The Outsiders Perspective Unpack The New Talent Strategy For Global Growth
People and recruitment leaders from Chanel, Saint Laurent, Anine Bing, Puig and L’Oréal, among others, gathered at Soho House Paris for a panel unpacking why hiring global talent has become a commercial imperative.
BoF and The Outsiders Perspective Unpack The New Talent Strategy For Global Growth
People and recruitment leaders from Chanel, Saint Laurent, Anine Bing, Puig and L’Oréal, among others, gathered at Soho House Paris for a panel unpacking why hiring global talent has become a commercial imperative.
Sports
Nike Hires Pfizer’s Denton to Take Over for Departing CFO
David Denton will take over on Aug. 17, succeeding Matthew Friend.
Nike Hires Pfizer’s Denton to Take Over for Departing CFO
David Denton will take over on Aug. 17, succeeding Matthew Friend.
Luxury
Versace CEO Emmanuel Gintzburger Resigns
The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.
Versace CEO Emmanuel Gintzburger Resigns
The executive stepped down after three years running the Italian fashion house. Prada is accelerating leadership changes as it reshapes the recently acquired luxury house.
Beauty
The Hollywood Hairstylist Building the Next Aveda
Mara Roszak spent her career styling the hair of starlets like Emma Stone and Zoe Saldaña. Now, through her hair line Rōz, she hopes to move into salons and Sephora stores across the US.
The Hollywood Hairstylist Building the Next Aveda
Mara Roszak spent her career styling the hair of starlets like Emma Stone and Zoe Saldaña. Now, through her hair line Rōz, she hopes to move into salons and Sephora stores across the US.
Luxury
Report: Former De Beers CEO Penny Is Said to Lead Race for Diamond Giant
Gareth Penny is the frontrunner to buy the world’s biggest diamond miner after the Iran war hampered other bidders.
Report: Former De Beers CEO Penny Is Said to Lead Race for Diamond Giant
Gareth Penny is the frontrunner to buy the world’s biggest diamond miner after the Iran war hampered other bidders.
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.