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.
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Retail
In Digital Age, Holiday Windows Still Drive Sales
Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?
In Digital Age, Holiday Windows Still Drive Sales
Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?
News & Analysis
HBC Looks to Saks Deal to Transform Luxury E-commerce in Canada
"Online retail is going to be a huge business for us,' he said last month. 'Right now many, many products in Canada can only be bought online through
HBC Looks to Saks Deal to Transform Luxury E-commerce in Canada
"Online retail is going to be a huge business for us,' he said last month. 'Right now many, many products in Canada can only be bought online through
News & Analysis
Saks Deal Is About Land as Much as Luxury
" Richard Baker grew up watching his father develop shopping malls. Now, the 47-year-old chief executive of Hudson's Bay Co. is buying the companies
Saks Deal Is About Land as Much as Luxury
" Richard Baker grew up watching his father develop shopping malls. Now, the 47-year-old chief executive of Hudson's Bay Co. is buying the companies
News & Analysis
Lord & Taylor Parent Hudson's Bay Co to Buy Saks for $2.9 Billion in Cash
NEW YORK, United States — Hudson's Bay Co, operator of department store chains Lord & Taylor in the United States and The Bay in Canada, said on
Lord & Taylor Parent Hudson's Bay Co to Buy Saks for $2.9 Billion in Cash
NEW YORK, United States — Hudson's Bay Co, operator of department store chains Lord & Taylor in the United States and The Bay in Canada, said on
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News & Analysis
Bidding War Erupts as Saks Shares Jump in New York
NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the
Bidding War Erupts as Saks Shares Jump in New York
NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the
News & Analysis
Why Outlet Stores Are the Hottest Thing in High-End Retail
"High-end department stores are slumming … sort of. At pricey apparel retailers such as Neiman Marcus and Bloomingdales, outlet stores may soon
Why Outlet Stores Are the Hottest Thing in High-End Retail
"High-end department stores are slumming … sort of. At pricey apparel retailers such as Neiman Marcus and Bloomingdales, outlet stores may soon
News & Analysis
Saks, Neiman Marcus Seek Capital, Consider Deals
"Talk about a designer sale. Hudson's Bay, the Canadian owner of Lord & Taylor, is circling Saks Fifth Ave., considering a purchase, Meanwhile,
Saks, Neiman Marcus Seek Capital, Consider Deals
"Talk about a designer sale. Hudson's Bay, the Canadian owner of Lord & Taylor, is circling Saks Fifth Ave., considering a purchase, Meanwhile,
News & Analysis
Shoe Battles: Going Toe-to-Toe in Stilettos
"Shoes are an especially fetishized subject in fashion, but it is only since the late 1990s, not coincidentally at the start of the television series
Shoe Battles: Going Toe-to-Toe in Stilettos
"Shoes are an especially fetishized subject in fashion, but it is only since the late 1990s, not coincidentally at the start of the television series
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News & Analysis
KKR Said to Weigh Push for Saks-Neiman U.S. Retail Merger
"KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is weighing an investment in Saks Inc. and may seek a merger with rival
KKR Said to Weigh Push for Saks-Neiman U.S. Retail Merger
"KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, is weighing an investment in Saks Inc. and may seek a merger with rival
News & Analysis
Saks First-Quarter Same-Store Sales Beat Estimates
NEW YORK, United States — Saks Inc on Tuesday reported higher-than-expected first-quarter sales but said investments to launch an e-commerce site for
Saks First-Quarter Same-Store Sales Beat Estimates
NEW YORK, United States — Saks Inc on Tuesday reported higher-than-expected first-quarter sales but said investments to launch an e-commerce site for
News & Analysis
Best of British, Quality heritage, Saks beats estimates, Editorial investment, Future of prints
London fashion week showcases the best of British (Guardian) "This week Stella McCartney and Sarah Burton arrived on a catwalk previously ruled by
Best of British, Quality heritage, Saks beats estimates, Editorial investment, Future of prints
London fashion week showcases the best of British (Guardian) "This week Stella McCartney and Sarah Burton arrived on a catwalk previously ruled by
News & Analysis
Evolution of print, Luxury addresses CSR, Saks' online push, Stella to show in London, Abraham Moon's magic mills
Thinking, and Literally Looking, Very Big (IHT) "Of all the performer's covers, this Visionaire production, with its photograph of a slinky,
Evolution of print, Luxury addresses CSR, Saks' online push, Stella to show in London, Abraham Moon's magic mills
Thinking, and Literally Looking, Very Big (IHT) "Of all the performer's covers, this Visionaire production, with its photograph of a slinky,
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.