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
Beauty
E.l.f. Beauty Makes C-Suite Changes
Kory Marchisotto has been appointed president of E.l.f. Brands, Ekta Chopra has been tapped as chief technology and AI officer and Oshiya Savur is the company's new CMO.
E.l.f. Beauty Makes C-Suite Changes
Kory Marchisotto has been appointed president of E.l.f. Brands, Ekta Chopra has been tapped as chief technology and AI officer and Oshiya Savur is the company's new CMO.
Luxury
Kering’s Strategy Reveal, Examined
CEO Luca de Meo outlined manufacturing synergies, threw cold water on the group’s Valentino acquisition and shared some stealthy forecasts for Gucci’s growth as part of a sweeping strategy overhaul. Will it work?
Kering’s Strategy Reveal, Examined
CEO Luca de Meo outlined manufacturing synergies, threw cold water on the group’s Valentino acquisition and shared some stealthy forecasts for Gucci’s growth as part of a sweeping strategy overhaul. Will it work?
Luxury
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Luxury
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luxury
Dolce & Gabbana Appoints Stefano Cantino as Co-CEO
The recruitment of the former Gucci, Louis Vuitton and Prada executive follows the resignation of Stefano Gabbana as chairman in December.
Dolce & Gabbana Appoints Stefano Cantino as Co-CEO
The recruitment of the former Gucci, Louis Vuitton and Prada executive follows the resignation of Stefano Gabbana as chairman in December.
Luxury
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Luxury
Kering Will Name Former Chanel Executive, Hotel CEO to Board
Marie-Hélène Chenut spent three decades at Chanel, including in its perfume and haute couture categories.
Kering Will Name Former Chanel Executive, Hotel CEO to Board
Marie-Hélène Chenut spent three decades at Chanel, including in its perfume and haute couture categories.
Beauty
K18 Appoints Chief Marketing Officer
The biotechnology hair care brand has hired Kleo Mack, who joins from previous roles at Glossier and Shark Beauty, to create more resonant 'brand moments,' said co-founder Suveen Sahib.
K18 Appoints Chief Marketing Officer
The biotechnology hair care brand has hired Kleo Mack, who joins from previous roles at Glossier and Shark Beauty, to create more resonant 'brand moments,' said co-founder Suveen Sahib.
Beauty
Kennedy to Launch Public Health Podcast Ahead of US Midterm Elections
The move follows setbacks to Kennedy’s efforts to overhaul US vaccination policy, including a federal court ruling last month that halted plans to reduce childhood vaccinations.
Kennedy to Launch Public Health Podcast Ahead of US Midterm Elections
The move follows setbacks to Kennedy’s efforts to overhaul US vaccination policy, including a federal court ruling last month that halted plans to reduce childhood vaccinations.
Retail
Fear of God CEO Exits Label
Bastien Daguzan is stepping away from the brand founded by Jerry Lorenzo as it eliminates the chief executive role.
Fear of God CEO Exits Label
Bastien Daguzan is stepping away from the brand founded by Jerry Lorenzo as it eliminates the chief executive role.
Luxury
How to Bring Back a Beloved Watchmaker: The Resurrection of Universal Genève
Breitling CEO Georges Kern wanted to add more to his company’s offering to satisfy its private equity ownership. So he dug into history to find one of the watch collecting community’s favourite lost brands.
How to Bring Back a Beloved Watchmaker: The Resurrection of Universal Genève
Breitling CEO Georges Kern wanted to add more to his company’s offering to satisfy its private equity ownership. So he dug into history to find one of the watch collecting community’s favourite lost brands.
Luxury
Swatch Urges Shareholders to Vote Against Activist Investor’s Bid for Board Seat
The luxury watch owner has urged shareholders to reject activist investor Steven Wood’s renewed board bid, as it moves to defend its governance and luxury brand strategy.
Swatch Urges Shareholders to Vote Against Activist Investor’s Bid for Board Seat
The luxury watch owner has urged shareholders to reject activist investor Steven Wood’s renewed board bid, as it moves to defend its governance and luxury brand strategy.
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.