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
Sustainability
India’s Garment Workers Are Paying the Price for Trump’s Tariffs
Two months since the US hit India with 50 percent import duties, labourers in the country’s largest apparel manufacturing hubs face mass layoffs, reduced hours, and indefinite furloughs. The message from factories: “Come back once things in America get better.”
India’s Garment Workers Are Paying the Price for Trump’s Tariffs
Two months since the US hit India with 50 percent import duties, labourers in the country’s largest apparel manufacturing hubs face mass layoffs, reduced hours, and indefinite furloughs. The message from factories: “Come back once things in America get better.”
Sustainability
Amid Sweatshop Scandals, Luxury Hits Back: ‘We’re Not the Financial Police’
Some in the industry are becoming more vocal in suggesting that government, not brands, should be responsible for violations deep in the luxury supply chain and things are getting political.
Amid Sweatshop Scandals, Luxury Hits Back: ‘We’re Not the Financial Police’
Some in the industry are becoming more vocal in suggesting that government, not brands, should be responsible for violations deep in the luxury supply chain and things are getting political.
Global Markets
Fire at Airport Cargo Complex Disrupts Bangladesh’s Garment Exports
Losses are expected to run into millions of dollars, according to industry leaders.
Fire at Airport Cargo Complex Disrupts Bangladesh’s Garment Exports
Losses are expected to run into millions of dollars, according to industry leaders.
Sustainability
Regulators Take a ‘Business First’ Approach to Sustainability
Europe is pushing ahead with moves to water down flagship sustainability rules in a bid to boost competitiveness, while Italian lawmakers are looking at ways to protect ‘Made in Italy’ from the fallout of a sweatshop scandal.
Regulators Take a ‘Business First’ Approach to Sustainability
Europe is pushing ahead with moves to water down flagship sustainability rules in a bid to boost competitiveness, while Italian lawmakers are looking at ways to protect ‘Made in Italy’ from the fallout of a sweatshop scandal.
Global Markets
Bangladesh Garment Factory Fire Kills 16, Toll May Rise
A deadly fire at a Bangladeshi garment factory and an adjacent chemical warehouse highlights the ongoing issue of poor fire and building safety standards in the country’s vital garment sector.
Bangladesh Garment Factory Fire Kills 16, Toll May Rise
A deadly fire at a Bangladeshi garment factory and an adjacent chemical warehouse highlights the ongoing issue of poor fire and building safety standards in the country’s vital garment sector.
Sustainability
Italian Prosecutors Seek to Place Tod’s Under Special Supervision for Labour Exploitation
The Italian shoemaker is the sixth high-end brand to face allegations of sweatshop links since the start of last year.
Italian Prosecutors Seek to Place Tod’s Under Special Supervision for Labour Exploitation
The Italian shoemaker is the sixth high-end brand to face allegations of sweatshop links since the start of last year.
Sustainability
Textile Recycling in ‘The Castoff Capital of the World’ Is Making Factory Workers Sick
Reports of lung disease, skin conditions and even cancer are rising in Panipat, India, which recycles 1 million tonnes of textile waste a year.
Textile Recycling in ‘The Castoff Capital of the World’ Is Making Factory Workers Sick
Reports of lung disease, skin conditions and even cancer are rising in Panipat, India, which recycles 1 million tonnes of textile waste a year.
Global Markets
Worldview | Haiti’s Garment Industry in Jeopardy Over US Inaction
This week’s round-up of global markets fashion business news also features Chinese textile exports, Kenyan manufacturers and Saudi Arabia’s luxury watch market.
Worldview | Haiti’s Garment Industry in Jeopardy Over US Inaction
This week’s round-up of global markets fashion business news also features Chinese textile exports, Kenyan manufacturers and Saudi Arabia’s luxury watch market.
Global Markets
Trump’s 50% Tariff Sows Fear Inside Indian Apparel Hub
Factories that invested in anticipation of a boom in orders are saddled with debt and unsold inventory.
Trump’s 50% Tariff Sows Fear Inside Indian Apparel Hub
Factories that invested in anticipation of a boom in orders are saddled with debt and unsold inventory.
Beauty
Bobbi Brown: I Still Believe in Miracles
The makeup artist and serial entrepreneur Bobbi Brown reflects on starting her second act, and how she found a hero for it.
Bobbi Brown: I Still Believe in Miracles
The makeup artist and serial entrepreneur Bobbi Brown reflects on starting her second act, and how she found a hero for it.
Beauty
Bath & Body Works’ Plan to Restore Its Shine
With a new CEO, a deeper push into fine scents and updated distribution channels, the mall mainstay is hoping to reestablish its position as a fragrance authority in the US.
Bath & Body Works’ Plan to Restore Its Shine
With a new CEO, a deeper push into fine scents and updated distribution channels, the mall mainstay is hoping to reestablish its position as a fragrance authority in the US.
Luxury
Shinola’s Message to Swiss Watchmakers: Come to Detroit
The American watch brand has launched a campaign to encourage its Swiss rivals to consider manufacturing in the US in the face of steep tariffs.
Shinola’s Message to Swiss Watchmakers: Come to Detroit
The American watch brand has launched a campaign to encourage its Swiss rivals to consider manufacturing in the US in the face of steep tariffs.
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.