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.
pricing
News & Analysis
Fast Retailing Pledges Lowest Prices in Uniqlo Strategy Reversal
Despite T-shirts on sale for $5.90 and chino shorts at $19.90 on its website, Uniqlo is struggling in Japan where cautious consumers are bracing for tougher financial times.
Fast Retailing Pledges Lowest Prices in Uniqlo Strategy Reversal
Despite T-shirts on sale for $5.90 and chino shorts at $19.90 on its website, Uniqlo is struggling in Japan where cautious consumers are bracing for tougher financial times.
Luxury
Op-Ed | How to Fix Luxury’s Alibaba Problem
Alibaba’s role in the grey market is a bigger issue than counterfeit sales, and a problem luxury brands can help fix, argue Brian Buchwald and Andrew Roth.
Op-Ed | How to Fix Luxury’s Alibaba Problem
Alibaba’s role in the grey market is a bigger issue than counterfeit sales, and a problem luxury brands can help fix, argue Brian Buchwald and Andrew Roth.
News & Analysis
Valentino Cuts Prices in Asia to Boost Local Sales
Italian fashion house Valentino will cut its prices in Asia to bring them into line with European prices.
Valentino Cuts Prices in Asia to Boost Local Sales
Italian fashion house Valentino will cut its prices in Asia to bring them into line with European prices.
Luxury
Why Fashion’s ‘Pink Tax’ Means Women Pay More
Many luxury fashion brands charge women more than men for similar products. What’s behind fashion’s ‘pink tax’?
Why Fashion’s ‘Pink Tax’ Means Women Pay More
Many luxury fashion brands charge women more than men for similar products. What’s behind fashion’s ‘pink tax’?
Retail
Burberry Faces US Lawsuit Accusing It of Deceptive Price Tags
Burberry is to face a class action lawsuit in the United States, claiming it used misleading price tags at its outlets stores to fool shoppers into believing they were getting big bargains.
Burberry Faces US Lawsuit Accusing It of Deceptive Price Tags
Burberry is to face a class action lawsuit in the United States, claiming it used misleading price tags at its outlets stores to fool shoppers into believing they were getting big bargains.
Luxury
Super Shrink Me: The Rise of the Mini Handbag
In the last decade, luxury handbag prices have skyrocketed. Now, brands are making smaller versions of iconic styles to win back aspirational consumers.
Super Shrink Me: The Rise of the Mini Handbag
In the last decade, luxury handbag prices have skyrocketed. Now, brands are making smaller versions of iconic styles to win back aspirational consumers.
Luxury
Bally Turnaround Thwarted by Currency "Nightmare"
Frederic de Narp spent 18 months trying to turn around Swiss shoemaker Bally International AG and now finds himself in a currency-induced nightmare.
Bally Turnaround Thwarted by Currency "Nightmare"
Frederic de Narp spent 18 months trying to turn around Swiss shoemaker Bally International AG and now finds himself in a currency-induced nightmare.
China
The China Edit | Prada, Fast Retailing, Hu Bing
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Prada, Fast Retailing, Hu Bing
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
News & Analysis
Michael Kors Settles US Lawsuit Alleging Deceptive Price Tags
Michael Kors Holdings Ltd agreed to pay $4.88 million and change its sales practices to settle a class action lawsuit claiming it used deceptive price tags at its outlet stores to fool shoppers into believing they were getting big bargains.
Michael Kors Settles US Lawsuit Alleging Deceptive Price Tags
Michael Kors Holdings Ltd agreed to pay $4.88 million and change its sales practices to settle a class action lawsuit claiming it used deceptive price tags at its outlet stores to fool shoppers into believing they were getting big bargains.
China
The China Edit | Gucci, Pricing, Hermès, New Look
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Gucci, Pricing, Hermès, New Look
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
Op-Ed | Could Global Pricing Alignment Backfire?
Luxury brands like Chanel and Prada have been adjusting prices in response to the Chinese market, but currency volatility and political dynamics present a real risk, argues Philip Guarino.
Op-Ed | Could Global Pricing Alignment Backfire?
Luxury brands like Chanel and Prada have been adjusting prices in response to the Chinese market, but currency volatility and political dynamics present a real risk, argues Philip Guarino.
Global Markets
China Import Tax Cuts No Remedy for Retail Slowdown
The tariff cuts in China are the latest in a string of measures to stimulate domestic consumption and bolster economic growth, which hit a 24-year low last year.
China Import Tax Cuts No Remedy for Retail Slowdown
The tariff cuts in China are the latest in a string of measures to stimulate domestic consumption and bolster economic growth, which hit a 24-year low last year.
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.