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.
Leather Goods
Latest News & Analysis
Entrepreneurship
How to Build a Profitable Handbag Business From Scratch
With profitability now within reach, the London-based luxury leather goods brand Metiér is raising fresh capital to fuel its next chapter.
How to Build a Profitable Handbag Business From Scratch
With profitability now within reach, the London-based luxury leather goods brand Metiér is raising fresh capital to fuel its next chapter.
Luxury
Hermès Shares Plunge Most on Record as Growth Slows
First-quarter sales rose 5.6 percent at constant exchange rates, missing analyst expectations.
Hermès Shares Plunge Most on Record as Growth Slows
First-quarter sales rose 5.6 percent at constant exchange rates, missing analyst expectations.
Luxury
Coach’s Tabby Handbag Fuels Blowout Holiday Quarter for Parent Tapestry
Tapestry raised annual earnings targets again after strong demand for Coach’s Tabby handbags helped it comfortably beat holiday-quarter estimates.
Coach’s Tabby Handbag Fuels Blowout Holiday Quarter for Parent Tapestry
Tapestry raised annual earnings targets again after strong demand for Coach’s Tabby handbags helped it comfortably beat holiday-quarter estimates.
Luxury
Burberry’s CEO on Turning ‘Britishness’ Into a Global Language
Joshua Schulman reveals how he’s fuelling the brand’s turnaround with a more get-able take on British luxury and a new sense of urgency in the BoF-McKinsey State of Fashion 2026 report.
Burberry’s CEO on Turning ‘Britishness’ Into a Global Language
Joshua Schulman reveals how he’s fuelling the brand’s turnaround with a more get-able take on British luxury and a new sense of urgency in the BoF-McKinsey State of Fashion 2026 report.
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Luxury
How Beat-Up Bags Became a Luxury Status Symbol
Bumps and scratches on a Birkin bag or Cartier watch are no longer repellent for a rising group of fashion consumers — they actually make the item more desirable.
How Beat-Up Bags Became a Luxury Status Symbol
Bumps and scratches on a Birkin bag or Cartier watch are no longer repellent for a rising group of fashion consumers — they actually make the item more desirable.
Luxury
Tapestry Lifts Outlook After Coach Drives Quarterly Beat
Tapestry Inc. raised its full-year outlook after quarterly earnings beat expectations, with Coach fuelling growth despite a more cautious shopper.
Tapestry Lifts Outlook After Coach Drives Quarterly Beat
Tapestry Inc. raised its full-year outlook after quarterly earnings beat expectations, with Coach fuelling growth despite a more cautious shopper.
Luxury
Shinola Appoints Ulrich Wohn as President
The former TAG Heuer North America CEO has been tapped to lead the Detroit-based maker of watches and leather goods in its next phase of growth.
Shinola Appoints Ulrich Wohn as President
The former TAG Heuer North America CEO has been tapped to lead the Detroit-based maker of watches and leather goods in its next phase of growth.
Retail
Why Everyone Suddenly Wants to Sell You a Handbag
As luxury brands stumble, new entrants ranging from Alo Yoga to Nili Lotan to Old Navy are launching their first bag collections. Is there room in the market for all of them?
Why Everyone Suddenly Wants to Sell You a Handbag
As luxury brands stumble, new entrants ranging from Alo Yoga to Nili Lotan to Old Navy are launching their first bag collections. Is there room in the market for all of them?
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Beauty
Louis Vuitton Tests the Limits of Luxury Beauty With $160 Lipsticks
The range of 55 lipsticks, 10 lip balms and eight eyeshadow palettes will launch globally on Aug. 29 in select Louis Vuitton stores. At those prices, who’s buying?
Louis Vuitton Tests the Limits of Luxury Beauty With $160 Lipsticks
The range of 55 lipsticks, 10 lip balms and eight eyeshadow palettes will launch globally on Aug. 29 in select Louis Vuitton stores. At those prices, who’s buying?
Marketing
From Critic to Craftsman: Tanner Leatherstein’s Next Chapter
The social media commentator, known for deconstructing and analysing the quality of leather handbags online, is joining Stow London as director of craftsmanship.
From Critic to Craftsman: Tanner Leatherstein’s Next Chapter
The social media commentator, known for deconstructing and analysing the quality of leather handbags online, is joining Stow London as director of craftsmanship.
Luxury
Bag Charms Selling for $1,000 Are Retail’s Next Little Luxury
Tapping into the viral bag charm craze is ‘sensibly opportunistic’ for luxury companies that might as well ‘make some money off the back of it,’ said Neil Saunders, managing director at analytics firm GlobalData.
Bag Charms Selling for $1,000 Are Retail’s Next Little Luxury
Tapping into the viral bag charm craze is ‘sensibly opportunistic’ for luxury companies that might as well ‘make some money off the back of it,’ said Neil Saunders, managing director at analytics firm GlobalData.
Sustainability
Are Luxury Brands Responsible for What Happens in Their Supply Chains?
An Italian union is seeking to hold Richemont legally accountable for alleged workers’ rights violations at a Montblanc supplier, as scandals linking brands like Dior, Armani, Valentino and Loro Piana to sweatshops draw more scrutiny to the sector’s sourcing practices.
Are Luxury Brands Responsible for What Happens in Their Supply Chains?
An Italian union is seeking to hold Richemont legally accountable for alleged workers’ rights violations at a Montblanc supplier, as scandals linking brands like Dior, Armani, Valentino and Loro Piana to sweatshops draw more scrutiny to the sector’s sourcing practices.
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.