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.
management
Retail
Benetton Announces Leadership Changes as CEO Quits
The company has struggled from competition from fast-fashion brands like Zara and H&M, delisting from the stock exchange in 2012 and bringing in a new team of executives from outside the family.
Benetton Announces Leadership Changes as CEO Quits
The company has struggled from competition from fast-fashion brands like Zara and H&M, delisting from the stock exchange in 2012 and bringing in a new team of executives from outside the family.
Luxury
Ralph Lauren to Close Flagship Fifth Avenue Store, Cut Jobs
The company will close its flagship Polo store on Fifth Avenue, revamp its e-commerce operations and cut jobs in a $370 million shake-up.
Ralph Lauren to Close Flagship Fifth Avenue Store, Cut Jobs
The company will close its flagship Polo store on Fifth Avenue, revamp its e-commerce operations and cut jobs in a $370 million shake-up.
Fashion Week
News Bites | Hanya Yanagihara Named Editor of T Magazine, Jed Root Investor Speaks and More...
In today's News Bites, Hanya Yanagihara is named editor of T: The New York Times Magazine while Stuart Emmrich will leave the paper's Styles section, and Gucci will show its Cruise collection at Florence's Pitti Palace.
News Bites | Hanya Yanagihara Named Editor of T Magazine, Jed Root Investor Speaks and More...
In today's News Bites, Hanya Yanagihara is named editor of T: The New York Times Magazine while Stuart Emmrich will leave the paper's Styles section, and Gucci will show its Cruise collection at Florence's Pitti Palace.
Marketing
News Bites | SoulCycle Reveals Laird+Partners Campaign, Balmain Appoints New CEO
In today's News Bites, SoulCycle reveals its first ever campaign by Trey Laird and Balmain appoints a former Valentino executive as its new CEO.
News Bites | SoulCycle Reveals Laird+Partners Campaign, Balmain Appoints New CEO
In today's News Bites, SoulCycle reveals its first ever campaign by Trey Laird and Balmain appoints a former Valentino executive as its new CEO.
Retail
Gap Names Mark Breitbard as New Banana Republic Head
Breitbard will join Gap in early May, having most recently served as the chief executive of San Francisco based-children's apparel retailer Gymboree Corp.
Gap Names Mark Breitbard as New Banana Republic Head
Breitbard will join Gap in early May, having most recently served as the chief executive of San Francisco based-children's apparel retailer Gymboree Corp.
News & Analysis
Adidas Appoints Harm Ohlmeyer as New CFO
The appointment is the second executive change at Adidas since activist shareholders bought stakes in the company in 2015.
Adidas Appoints Harm Ohlmeyer as New CFO
The appointment is the second executive change at Adidas since activist shareholders bought stakes in the company in 2015.
Luxury
Op-Ed | Sports Direct's Ashley Gets Distracted by Saucy Lingerie
Agent Provocateur is a very different business than even designer sportswear, requiring a different supply chain and store aesthetic.
Op-Ed | Sports Direct's Ashley Gets Distracted by Saucy Lingerie
Agent Provocateur is a very different business than even designer sportswear, requiring a different supply chain and store aesthetic.
Retail
Sports Direct's Ashley Backs Buyer of Agent Provocateur
Agent Provocateur has been placed under administration, a process similar to bankruptcy reorganisation, and will be sold to the Ashley-backed group.
Sports Direct's Ashley Backs Buyer of Agent Provocateur
Agent Provocateur has been placed under administration, a process similar to bankruptcy reorganisation, and will be sold to the Ashley-backed group.
Luxury
Op-Ed | New Activist Investors at Burberry Should Push For Creative Overhaul
Pushing a brand into a new creative direction is not the natural territory for activist investors. It should be.
Op-Ed | New Activist Investors at Burberry Should Push For Creative Overhaul
Pushing a brand into a new creative direction is not the natural territory for activist investors. It should be.
Luxury
News Bites | Calvin Klein and Moonlight, Rebekka Bay Exits Everlane and More...
In today's News Bites, Calvin Klein teams up with the Moonlight cast, Rebekka Bay exits Everlane for Marimekko and Sofia Sanchez de Betak aka Chufy launches her own line.
News Bites | Calvin Klein and Moonlight, Rebekka Bay Exits Everlane and More...
In today's News Bites, Calvin Klein teams up with the Moonlight cast, Rebekka Bay exits Everlane for Marimekko and Sofia Sanchez de Betak aka Chufy launches her own line.
Retail
News Bites | Italy Launches Green Carpet Fashion Awards, What Next for Tiffany?
In today's News Bites, Italy launches a celebration of its ethical and sustainable manufacturing industry, and a sign that Tiffany needs to chart a new path forward.
News Bites | Italy Launches Green Carpet Fashion Awards, What Next for Tiffany?
In today's News Bites, Italy launches a celebration of its ethical and sustainable manufacturing industry, and a sign that Tiffany needs to chart a new path forward.
Luxury
Should Amazon Challenge Hudson’s Bay for Macy’s?
Hudson’s Bay Company is reported to be in early talks to acquire Macy’s, but an Amazon merger could be a better fit.
Should Amazon Challenge Hudson’s Bay for Macy’s?
Hudson’s Bay Company is reported to be in early talks to acquire Macy’s, but an Amazon merger could be a better fit.
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.