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.
merger
News & Analysis
BoF Exclusive | Karla Otto Merges with Asia-Based K2
The agencies are forming a new entity called The Independents, but will continue to serve clients under their respective brand names.
BoF Exclusive | Karla Otto Merges with Asia-Based K2
The agencies are forming a new entity called The Independents, but will continue to serve clients under their respective brand names.
News & Analysis
Modus and BPCM London Merge
As the business of public relations evolves, the newly created agency ModusBPCM will provide a more integrated approach to marketing and communications.
Modus and BPCM London Merge
As the business of public relations evolves, the newly created agency ModusBPCM will provide a more integrated approach to marketing and communications.
Luxury
Which Brands Should LVMH and Kering Buy and Sell?
As M&A ramps up, the industry is awash with talk about which brands the big groups should buy. But optimising a luxury portfolio must be about selling as well as buying.
Which Brands Should LVMH and Kering Buy and Sell?
As M&A ramps up, the industry is awash with talk about which brands the big groups should buy. But optimising a luxury portfolio must be about selling as well as buying.
Retail
American Eagle and Abercrombie & Fitch: What the Potential Deal Says About the State of Retail
The teaming up of the two longtime rivals indicates an accelerating trend toward challenged brands seeking growth through consolidation.
American Eagle and Abercrombie & Fitch: What the Potential Deal Says About the State of Retail
The teaming up of the two longtime rivals indicates an accelerating trend toward challenged brands seeking growth through consolidation.
Luxury
Michael Kors Faces Tougher Market After Coach-Kate Spade Merger
The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.
Michael Kors Faces Tougher Market After Coach-Kate Spade Merger
The combination of Michael Kors' two biggest rivals is unwelcome news to the company, which is staging its own turnaround plan in an attempt to shed its image as a lower-priced brand.
Retail
Report: Hudson's Bay Taps Debt Adviser To Review Neiman Marcus Bid
The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a merger with Hudson's Bay.
Report: Hudson's Bay Taps Debt Adviser To Review Neiman Marcus Bid
The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a merger with Hudson's Bay.
Retail
A Neiman-Saks Merger Would Create Luxury Empire at Risky Moment
The prospect of unifying Saks Fifth Avenue and Neiman Marcus has brought hope and fear to investors.
A Neiman-Saks Merger Would Create Luxury Empire at Risky Moment
The prospect of unifying Saks Fifth Avenue and Neiman Marcus has brought hope and fear to investors.
Luxury
Burberry Takeover Would Be a Showstopper
Burberry remains one of the few luxury houses unencumbered by a family stake-holder. And it is expected to end its financial year to March with net cash of about £665 million ($819 million).
Burberry Takeover Would Be a Showstopper
Burberry remains one of the few luxury houses unencumbered by a family stake-holder. And it is expected to end its financial year to March with net cash of about £665 million ($819 million).
News & Analysis
Will Luxottica’s $54 Billion Deal Work?
The merger of Luxottica and Essilor is good for both sides — especially Luxottica and its 81-year-old founder Leonardo Del Vecchio.
Will Luxottica’s $54 Billion Deal Work?
The merger of Luxottica and Essilor is good for both sides — especially Luxottica and its 81-year-old founder Leonardo Del Vecchio.
News & Analysis
Luxottica Agrees €46 Billion Deal With Essilor to Create Eyewear Giant
The deal brings together Luxottica, the world's top spectacles maker with brands such as Oakley and Ray Ban, with Essilor, the world's leading manufacturer of ophthalmic lenses.
Luxottica Agrees €46 Billion Deal With Essilor to Create Eyewear Giant
The deal brings together Luxottica, the world's top spectacles maker with brands such as Oakley and Ray Ban, with Essilor, the world's leading manufacturer of ophthalmic lenses.
Luxury
Report: Burberry Rejects Coach Takeover Approach
The British luxury goods firm turned down a number of informal takeover approaches from Coach, according to a report on Sunday.
Report: Burberry Rejects Coach Takeover Approach
The British luxury goods firm turned down a number of informal takeover approaches from Coach, according to a report on Sunday.
News & Analysis
Report: Burberry and Coach to Merge?
Burberry shares rose as much as 4.8 percent after a report suggested that Coach is considering merging with the British megabrand.
Report: Burberry and Coach to Merge?
Burberry shares rose as much as 4.8 percent after a report suggested that Coach is considering merging with the British megabrand.
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.