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.
mergers-acquisitions
Beauty
Exclusive: Eurazeo to Shut Down Brand Investment Arm
The French private equity firm, a former investor in Farfetch and Pat McGrath Labs with current stakes in beauty companies like Beekman 1802 and Gisou, is in the process of dissolving its consumer investment arm, sources told The Business of Beauty.
Exclusive: Eurazeo to Shut Down Brand Investment Arm
The French private equity firm, a former investor in Farfetch and Pat McGrath Labs with current stakes in beauty companies like Beekman 1802 and Gisou, is in the process of dissolving its consumer investment arm, sources told The Business of Beauty.
Sports
Mammut Owner Weighs Sale of Swiss Outdoor Gear Maker
Jacobs Capital is exploring a potential €500 million sale of the Swiss outdoor gear maker Mammut Sports Group AG.
Mammut Owner Weighs Sale of Swiss Outdoor Gear Maker
Jacobs Capital is exploring a potential €500 million sale of the Swiss outdoor gear maker Mammut Sports Group AG.
Beauty
Olaplex Said to Attract Takeover Offer From Germany’s Henkel
Henkel AG has submitted a takeover offer for Olaplex Holdings Inc, according to people with knowledge of the matter, after the shampoo maker lost over 90% of its value since its initial public offering.
Olaplex Said to Attract Takeover Offer From Germany’s Henkel
Henkel AG has submitted a takeover offer for Olaplex Holdings Inc, according to people with knowledge of the matter, after the shampoo maker lost over 90% of its value since its initial public offering.
Sports
Japan’s Marubeni Buys British Sportswear Brand Gola
The Japanese conglomerate has acquired Britain’s Jacobson Group, a portfolio of footwear brands that include Gola, Lotus, Ravel and Frank Wright, along with licensed brands Dunlop and Lonsdale.
Japan’s Marubeni Buys British Sportswear Brand Gola
The Japanese conglomerate has acquired Britain’s Jacobson Group, a portfolio of footwear brands that include Gola, Lotus, Ravel and Frank Wright, along with licensed brands Dunlop and Lonsdale.
Beauty
The Best of BoF 2025: Deals, Deals, Deals
After a year of stagnancy, the beauty deals pipeline unfroze in 2025, with some of the buzziest brands finding new homes in blockbuster deals.
The Best of BoF 2025: Deals, Deals, Deals
After a year of stagnancy, the beauty deals pipeline unfroze in 2025, with some of the buzziest brands finding new homes in blockbuster deals.
Retail
Saks Skips Bond Payment Amid Talks With Creditors
The cash-strapped retailer missed an interest payment to bondholders totaling more than $100 million.
Saks Skips Bond Payment Amid Talks With Creditors
The cash-strapped retailer missed an interest payment to bondholders totaling more than $100 million.
Luxury
Opinion: Golden Goose’s $2,000 Sneakers Are a Rare Win for Private Equity
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
Opinion: Golden Goose’s $2,000 Sneakers Are a Rare Win for Private Equity
The high-end Italian sneaker brand’s sale to HSG for over €2.5 billion marks a successful exit for private-equity owner Permira, particularly at a moment of depressed demand for luxury goods, writes Andrea Felsted.
Retail
Report: UK Fashion Label LK Bennett Seeks Accelerated Sale
The chain is working with Alvarez & Marsal to sound out potential buyers and investors, Sky News reported.
Report: UK Fashion Label LK Bennett Seeks Accelerated Sale
The chain is working with Alvarez & Marsal to sound out potential buyers and investors, Sky News reported.
Beauty
In Beauty, Private Equity Is Hot Again
As strategic firms slow down their shopping sprees and venture capital dollars dry up, PE firms’ reputation for asset stripping is a thing of the past. Founders are now often hoping for private equity buyouts, but want to be sure there can be a true partnership.
In Beauty, Private Equity Is Hot Again
As strategic firms slow down their shopping sprees and venture capital dollars dry up, PE firms’ reputation for asset stripping is a thing of the past. Founders are now often hoping for private equity buyouts, but want to be sure there can be a true partnership.
Luxury
Golden Goose Sneakers Sold by Permira to Chinese Firm HSG
The deal values the company at slightly over $2.9 billion, Bloomberg reported.
Golden Goose Sneakers Sold by Permira to Chinese Firm HSG
The deal values the company at slightly over $2.9 billion, Bloomberg reported.
Beauty
Pat McGrath Labs Puts Assets Up for Sale
The legendary makeup artist’s eponymous brand is undergoing ‘restructuring and recapitalisation processes’ expected to be completed in 2026.
Pat McGrath Labs Puts Assets Up for Sale
The legendary makeup artist’s eponymous brand is undergoing ‘restructuring and recapitalisation processes’ expected to be completed in 2026.
Beauty
How Salt & Stone Made Fancy Deodorant Into a $140 Million Business
With a hero speed stick that became a top seller at both Amazon and Sephora, Salt & Stone has leveraged fragrance, design and a pricing sweet spot to ride the body-care boom — however long it lasts.
How Salt & Stone Made Fancy Deodorant Into a $140 Million Business
With a hero speed stick that became a top seller at both Amazon and Sephora, Salt & Stone has leveraged fragrance, design and a pricing sweet spot to ride the body-care boom — however long it lasts.
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.