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.
Regulation
Latest News & Analysis
Global Markets
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.
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.
Beauty
Halal Beauty’s World Leaders Struggle for Dominance
Indonesia has fallen from second to fourth place in the global halal beauty market, as local brands face consumer trust issues and international competition for Muslim shoppers.
Halal Beauty’s World Leaders Struggle for Dominance
Indonesia has fallen from second to fourth place in the global halal beauty market, as local brands face consumer trust issues and international competition for Muslim shoppers.
Sustainability
UK Bans ‘Recycled’ Clothing Ads From Adidas, Uniqlo and Calvin Klein
Major retailers’ ads promoting “recycled” clothing and shoes have been banned by the UK watchdog after advertisers were unable to prove their green claims.
UK Bans ‘Recycled’ Clothing Ads From Adidas, Uniqlo and Calvin Klein
Major retailers’ ads promoting “recycled” clothing and shoes have been banned by the UK watchdog after advertisers were unable to prove their green claims.
Sustainability
Why Fashion Is Falling Behind on Its Climate Targets
While H&M and Kering have cut emissions by more than a third, the majority of fashion’s biggest brands remain behind the schedule they set for themselves.
Why Fashion Is Falling Behind on Its Climate Targets
While H&M and Kering have cut emissions by more than a third, the majority of fashion’s biggest brands remain behind the schedule they set for themselves.
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Sustainability
EU Report: Nearly 40% of Clothing Is Mislabeled
A study released by the EU Commission found 37 percent of clothing materials tested in a campaign were not correctly identified on their tags.
EU Report: Nearly 40% of Clothing Is Mislabeled
A study released by the EU Commission found 37 percent of clothing materials tested in a campaign were not correctly identified on their tags.
Luxury
Italian Court Lifts Controls Placed on Valentino Unit Over Labour Practices
The special administration imposed on a unit of the luxury group over labour practices of its Chinese-owned subcontractors has ended early.
Italian Court Lifts Controls Placed on Valentino Unit Over Labour Practices
The special administration imposed on a unit of the luxury group over labour practices of its Chinese-owned subcontractors has ended early.
Beauty
Medicines Regulator to Investigate UK Peptide Clinics
The Medicines and Healthcare products Regulatory Agency said clinics are not permitted to make medicinal claims for the peptide treatments offered by their service.
Medicines Regulator to Investigate UK Peptide Clinics
The Medicines and Healthcare products Regulatory Agency said clinics are not permitted to make medicinal claims for the peptide treatments offered by their service.
Retail
US Tariff Refund Portal to Exclude One-Third of Imports at First
An online government portal will handle claims for about 63 percent of 53 million import entries at issue once it launches, according to a new court filing.
US Tariff Refund Portal to Exclude One-Third of Imports at First
An online government portal will handle claims for about 63 percent of 53 million import entries at issue once it launches, according to a new court filing.
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Technology
Meta Smart Glasses With Display Face Obstacles to EU Rollout
The new Meta Ray-Ban glasses have been withheld from the EU due to issues such as supply constraints and EU regulations on removable batteries.
Meta Smart Glasses With Display Face Obstacles to EU Rollout
The new Meta Ray-Ban glasses have been withheld from the EU due to issues such as supply constraints and EU regulations on removable batteries.
Retail
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Retail
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Retail
Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
The number of companies suing for tariff refunds has spiked recently, with the latest group including companies such as Prada and Adidas, in a sign importers aren’t confident in the plan to create a claims process.
Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans
The number of companies suing for tariff refunds has spiked recently, with the latest group including companies such as Prada and Adidas, in a sign importers aren’t confident in the plan to create a claims process.
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.