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.
legal
Luxury
Hermès Settles Skechers Patent Lawsuit Over Shoe Soles in New York
The filing said the two sides signed a confidential settlement agreement on Monday.
Hermès Settles Skechers Patent Lawsuit Over Shoe Soles in New York
The filing said the two sides signed a confidential settlement agreement on Monday.
Luxury
Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’
At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’
Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’
At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’
Sustainability
Case Study | How to Avoid Another Rana Plaza
In the wake of 2013’s deadly factory collapse in Dhaka, more than 200 brands signed the Bangladesh Accord, a legally binding safety pact. As the agreement expands internationally, BoF unpacks why it’s widely viewed as fashion’s most effective safety campaign, how it can help brands address new sustainability regulation and what limitations remain.
Case Study | How to Avoid Another Rana Plaza
In the wake of 2013’s deadly factory collapse in Dhaka, more than 200 brands signed the Bangladesh Accord, a legally binding safety pact. As the agreement expands internationally, BoF unpacks why it’s widely viewed as fashion’s most effective safety campaign, how it can help brands address new sustainability regulation and what limitations remain.
Beauty
L’Oréal Urged to Withdraw Hair Relaxers After Studies Find Cancer Risk
Campaigners are calling on the cosmetics company L’Oréal to withdraw its hair-straightening products that are largely used by black women after research linked it to an increased risk of cancer.
L’Oréal Urged to Withdraw Hair Relaxers After Studies Find Cancer Risk
Campaigners are calling on the cosmetics company L’Oréal to withdraw its hair-straightening products that are largely used by black women after research linked it to an increased risk of cancer.
Sustainability
Secondhand Fashion Has a Looming PFAS Problem
A growing number of US state bans are forcing clothing companies to find less toxic alternatives to per- or polyfluorinated substances — called PFAS for short — when making shirts, hats and rain jackets that are water- and stain-resistant.
Secondhand Fashion Has a Looming PFAS Problem
A growing number of US state bans are forcing clothing companies to find less toxic alternatives to per- or polyfluorinated substances — called PFAS for short — when making shirts, hats and rain jackets that are water- and stain-resistant.
Luxury
Gucci Milan Site Inspected in EU Antitrust Inquiry
European Union antitrust regulators have started inspecting a facility of luxury goods company Gucci as part of an EU investigation spanning several countries, Gucci’s French owner Kering said on Wednesday, confirming a Reuters report.
Gucci Milan Site Inspected in EU Antitrust Inquiry
European Union antitrust regulators have started inspecting a facility of luxury goods company Gucci as part of an EU investigation spanning several countries, Gucci’s French owner Kering said on Wednesday, confirming a Reuters report.
Financial Markets
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.
Retail
Boohoo Settles Inflated Prices Lawsuit for $197 Million
Manchester-based retailer Boohoo, owner of brands PrettyLittleThing and NastyGal reached a $197 million settlement for a lawsuit accusing the retailer of inflated prices, it announced on Wednesday.
Boohoo Settles Inflated Prices Lawsuit for $197 Million
Manchester-based retailer Boohoo, owner of brands PrettyLittleThing and NastyGal reached a $197 million settlement for a lawsuit accusing the retailer of inflated prices, it announced on Wednesday.
Sustainability
Activists Renew Push for Fashion Workers’ Rights Bill
Political lobbyists, TikTok influencers and Amazon’s controversial union leader Chris Smalls gathered Tuesday morning in an unlikely alliance championing New York State’s Fashion Workers Act, a piece of legislation that would grant employment protections for models and other creatives in the industry.
Activists Renew Push for Fashion Workers’ Rights Bill
Political lobbyists, TikTok influencers and Amazon’s controversial union leader Chris Smalls gathered Tuesday morning in an unlikely alliance championing New York State’s Fashion Workers Act, a piece of legislation that would grant employment protections for models and other creatives in the industry.
Technology
What Is Lemon8 and What Are Its Links With Under-Fire TikTok
While political scrutiny continues to intensify on the widely popular short video app TikTok in the US and across the world, another owned by the same Chinese company, ByteDance Ltd., is going viral. As downloads of Lemon8 surge in the US, here’s what you need to know about it:
What Is Lemon8 and What Are Its Links With Under-Fire TikTok
While political scrutiny continues to intensify on the widely popular short video app TikTok in the US and across the world, another owned by the same Chinese company, ByteDance Ltd., is going viral. As downloads of Lemon8 surge in the US, here’s what you need to know about it:
Retail
Nordstrom, Dillard’s Garment Suppliers in Violation of Wage Laws in California
Southern California’s garment factories are facing scrutiny for underpaying workers who make clothing for some of the nation’s top retailers, including Nordstrom Inc. and Dillard’s Inc.
Nordstrom, Dillard’s Garment Suppliers in Violation of Wage Laws in California
Southern California’s garment factories are facing scrutiny for underpaying workers who make clothing for some of the nation’s top retailers, including Nordstrom Inc. and Dillard’s Inc.
Retail
Walmart Faces Second US Lawsuit This Week Over Treatment of Workers
Walmart Inc was sued on Thursday by the US Equal Employment Opportunity Commission (EEOC), the agency’s second lawsuit this week accusing the largest US retailer of discrimination against workers with disabilities.
Walmart Faces Second US Lawsuit This Week Over Treatment of Workers
Walmart Inc was sued on Thursday by the US Equal Employment Opportunity Commission (EEOC), the agency’s second lawsuit this week accusing the largest US retailer of discrimination against workers with disabilities.
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.