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.
manufacturing
Global Markets
Worldview | How Lagos Is Driving Africa’s Circular Fashion Agenda
This week’s round-up of global markets fashion business news also features Saudi Arabian shopping malls, Iran’s struggling garment factories and South Korea’s new streetwear media launch.
Worldview | How Lagos Is Driving Africa’s Circular Fashion Agenda
This week’s round-up of global markets fashion business news also features Saudi Arabian shopping malls, Iran’s struggling garment factories and South Korea’s new streetwear media launch.
Beauty
How War Is Exposing Beauty’s Packaging Problem
From soaring plastic costs to aluminium supply shocks, the US-Israel war with Iran is unraveling the beauty industry’s overreliance on plastic packaging and infrastructural gap for affordable and scalable climate-friendly solutions.
How War Is Exposing Beauty’s Packaging Problem
From soaring plastic costs to aluminium supply shocks, the US-Israel war with Iran is unraveling the beauty industry’s overreliance on plastic packaging and infrastructural gap for affordable and scalable climate-friendly solutions.
Sustainability
The Game of ‘Selling’ Sustainability
From H&M’s bid to draw shoppers in with its sustainable positioning, Shein’s new circularity study and a campaign showing athleisure can be made using clean energy, fashion is trying to figure out sustainability’s saleability.
The Game of ‘Selling’ Sustainability
From H&M’s bid to draw shoppers in with its sustainable positioning, Shein’s new circularity study and a campaign showing athleisure can be made using clean energy, fashion is trying to figure out sustainability’s saleability.
Global Markets
How the Middle East’s Fashion Industry Is Navigating War
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an increasingly volatile security environment.
How the Middle East’s Fashion Industry Is Navigating War
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an increasingly volatile security environment.
Sustainability
Exclusive: H&M Says Sustainability Is Good for Business. Can It Get Shoppers to Care?
H&M Group CEO Daniel Ervér spoke to The Business of Fashion about why the retail giant is continuing to push on climate action, persuade consumers to see it as more than a fast-fashion giant — and prove that reducing emissions can drive business performance.
Exclusive: H&M Says Sustainability Is Good for Business. Can It Get Shoppers to Care?
H&M Group CEO Daniel Ervér spoke to The Business of Fashion about why the retail giant is continuing to push on climate action, persuade consumers to see it as more than a fast-fashion giant — and prove that reducing emissions can drive business performance.
Global Markets
Asia Feels Full Force of War-Fuelled Energy Crisis
Asia braces for deepening shortages as Iran war disrupts oil flows, sending everyday goods prices sharply higher across global supply chains.
Asia Feels Full Force of War-Fuelled Energy Crisis
Asia braces for deepening shortages as Iran war disrupts oil flows, sending everyday goods prices sharply higher across global supply chains.
Global Markets
Worldview | Tokyo Fashion Week Doubles Down on Asia
This week’s round-up of global markets fashion business news also features Eid al-Fitr spending across the Gulf, Moscow Fashion Week and Indian factories squeezed by the Middle East war fuel shortage.
Worldview | Tokyo Fashion Week Doubles Down on Asia
This week’s round-up of global markets fashion business news also features Eid al-Fitr spending across the Gulf, Moscow Fashion Week and Indian factories squeezed by the Middle East war fuel shortage.
Sustainability
Ralph Lauren Resets Sustainability Plan After Dropping Net-Zero Target
The company is shifting to shorter-term, measurable goals after dropping its target of reaching net-zero emissions by 2040 last year.
Ralph Lauren Resets Sustainability Plan After Dropping Net-Zero Target
The company is shifting to shorter-term, measurable goals after dropping its target of reaching net-zero emissions by 2040 last year.
Sustainability
The Impact of War on Fashion’s Supply Chain
Textile hubs are already feeling the cascading risks of the conflict in Iran as Washington ramps up forced labour probes to revive tariffs, while decarbonisation in fashion’s factories might finally have a standard to go off of.
The Impact of War on Fashion’s Supply Chain
Textile hubs are already feeling the cascading risks of the conflict in Iran as Washington ramps up forced labour probes to revive tariffs, while decarbonisation in fashion’s factories might finally have a standard to go off of.
Global Markets
Worldview | Middle East War Adds to Strain on Asia’s Apparel Exporters
This week’s round-up of global markets fashion business news also features Japanese department stores, Brazil’s Lojas Renner and Middle East luxury sales.
Worldview | Middle East War Adds to Strain on Asia’s Apparel Exporters
This week’s round-up of global markets fashion business news also features Japanese department stores, Brazil’s Lojas Renner and Middle East luxury sales.
Retail
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Sustainability
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
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.