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.
real-estate
Luxury
Can the Champs Élysées Reinvent Itself?
The famous Paris shopping avenue has had a tough time of late, but luxury brands are still willing to commit.
Can the Champs Élysées Reinvent Itself?
The famous Paris shopping avenue has had a tough time of late, but luxury brands are still willing to commit.
News & Analysis
Can London’s Oxford Street Weather a Perfect Storm?
Empty stores, online competition, punitive business rates, over-spaced retailers and Brexit-nervous consumers: one of the world’s most competitive fashion retail environments is being squeezed from all sides — and learning to innovate.
Can London’s Oxford Street Weather a Perfect Storm?
Empty stores, online competition, punitive business rates, over-spaced retailers and Brexit-nervous consumers: one of the world’s most competitive fashion retail environments is being squeezed from all sides — and learning to innovate.
News & Analysis
Saving America's Most Illustrious Stretch of Retail Real Estate
Madison Avenue used to be one of the most popular places to shop in the world. Now, after brands such as Calvin Klein and Proenza Schouler have exited, landlords are struggling to find tenants to replace them.
Saving America's Most Illustrious Stretch of Retail Real Estate
Madison Avenue used to be one of the most popular places to shop in the world. Now, after brands such as Calvin Klein and Proenza Schouler have exited, landlords are struggling to find tenants to replace them.
Retail
New York Doubles Down on Tracking Empty Storefront Problem
Business owners across the city have increasingly been forced to close up shop amid soaring rents and competition from e-commerce companies, but just how pervasive is the problem? Local lawmakers are keen to find out.
New York Doubles Down on Tracking Empty Storefront Problem
Business owners across the city have increasingly been forced to close up shop amid soaring rents and competition from e-commerce companies, but just how pervasive is the problem? Local lawmakers are keen to find out.
News & Analysis
Zara Founder's Real Estate Assets Increase
Amancio Ortega, Europe's richest man and founder of retailer Inditex, had commercial property assets worth nearly $11 billion at the end of 2018.
Zara Founder's Real Estate Assets Increase
Amancio Ortega, Europe's richest man and founder of retailer Inditex, had commercial property assets worth nearly $11 billion at the end of 2018.
News & Analysis
Why Roberto Cavalli Is Being Bought By a Dubai Real Estate Developer
Vision Investment, an entity controlled by the founder and chairman of Damac, will provide the funding to back the company’s stymied turnaround strategy.
Why Roberto Cavalli Is Being Bought By a Dubai Real Estate Developer
Vision Investment, an entity controlled by the founder and chairman of Damac, will provide the funding to back the company’s stymied turnaround strategy.
Retail
Why Browns Is Closing Its London Flagship and Moving Around the Corner
The London luxury boutique plans to shutter its iconic South Molton Street location and reopen on Brook Street in 2020.
Why Browns Is Closing Its London Flagship and Moving Around the Corner
The London luxury boutique plans to shutter its iconic South Molton Street location and reopen on Brook Street in 2020.
News & Analysis
The Rise and Fall (And Rise Again?) of L.A.'s Famed Robertson Boulevard
"Robertson went from being the hottest street in L.A. retail, with packed sidewalks and lines of people waiting to shop at Kitson or get into the Ivy
The Rise and Fall (And Rise Again?) of L.A.'s Famed Robertson Boulevard
"Robertson went from being the hottest street in L.A. retail, with packed sidewalks and lines of people waiting to shop at Kitson or get into the Ivy
News & Analysis
Karl Lagerfeld-Designed Apartments Aimed at Taiwan's Ultra-Wealthy
A Taipei-based developer is hoping the late Chanel creative director will give them an edge over competitors, appealing to an ageing generation of multimillionaire business owners.
Karl Lagerfeld-Designed Apartments Aimed at Taiwan's Ultra-Wealthy
A Taipei-based developer is hoping the late Chanel creative director will give them an edge over competitors, appealing to an ageing generation of multimillionaire business owners.
Retail
The Week Ahead: Who Will Survive the Retail Apocalypse?
This week, everyone will be talking about the accelerating pace of store closures, opening day for the Shops at Hudson Yards and Brexit's surprising upside for some retailers. Read our BoF Professional Cheat Sheet.
The Week Ahead: Who Will Survive the Retail Apocalypse?
This week, everyone will be talking about the accelerating pace of store closures, opening day for the Shops at Hudson Yards and Brexit's surprising upside for some retailers. Read our BoF Professional Cheat Sheet.
Retail
Why Hudson Yards Is High Stakes for Fashion
With 1 million square feet of stores and restaurants, the New York mega-project will be one of the biggest showcases of modern brick-and-mortar retail in the world.
Why Hudson Yards Is High Stakes for Fashion
With 1 million square feet of stores and restaurants, the New York mega-project will be one of the biggest showcases of modern brick-and-mortar retail in the world.
Luxury
LVMH Plans London Hotel and New Flagship in Experiential Push
BoF has learned that the French luxury group has plans for a Cheval Blanc hotel and associated restaurants, a spa and a flagship store that appears intended for Hedi Slimane’s Celine on Grafton Street in London’s Mayfair.
LVMH Plans London Hotel and New Flagship in Experiential Push
BoF has learned that the French luxury group has plans for a Cheval Blanc hotel and associated restaurants, a spa and a flagship store that appears intended for Hedi Slimane’s Celine on Grafton Street in London’s Mayfair.
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.