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.

The company's shares, which closed up nearly 30 percent after drugmaker Pfizer Inc revealed progress in its experimental COVID-19 vaccine, were down about 6 percent after the closing bell.

The company's shares, which closed up nearly 30 percent after drugmaker Pfizer Inc revealed progress in its experimental COVID-19 vaccine, were down about 6 percent after the closing bell.

Customer traffic was as much as 70 percent of normal levels at Brookfield’s malls, with almost all tenants open, Chief Executive Officer Brian Kingston said on a conference call with analysts.

Customer traffic was as much as 70 percent of normal levels at Brookfield’s malls, with almost all tenants open, Chief Executive Officer Brian Kingston said on a conference call with analysts.

‘Essentially, we are allowing our partners to use the property space to serve their consumers and patrons in a safe, exciting and effective manner,’ explains Meredith Darnall, senior vice president of business intelligence and strategy at Brookfield Properties.

‘Essentially, we are allowing our partners to use the property space to serve their consumers and patrons in a safe, exciting and effective manner,’ explains Meredith Darnall, senior vice president of business intelligence and strategy at Brookfield Properties.

Exceptional shopping centres can thrive even in the middle of a pandemic. What separates the winners from the losers? And where should brands place their bets?

Exceptional shopping centres can thrive even in the middle of a pandemic. What separates the winners from the losers? And where should brands place their bets?
ADVERTISEMENT

This week, everyone will be talking about the start of market week, the reopening of the American Dream mall and Shanghai Fashion Week. Get your BoF Professional Cheat Sheet.

This week, everyone will be talking about the start of market week, the reopening of the American Dream mall and Shanghai Fashion Week. Get your BoF Professional Cheat Sheet.

While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?

While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret?

The two companies were in talks before the pandemic about converting retail space that was formerly occupied by J.C. Penney and Sears Holdings Corp.

The two companies were in talks before the pandemic about converting retail space that was formerly occupied by J.C. Penney and Sears Holdings Corp.

The British government has temporarily limited landlords’ ability to evict tenants in response to the crisis, which analysts say has resulted in some retailers withholding rent.

The British government has temporarily limited landlords’ ability to evict tenants in response to the crisis, which analysts say has resulted in some retailers withholding rent.
ADVERTISEMENT

The controversial and influential entertainer and designer will bring his Yeezy collection to Gap in a co-branded line of apparel in 2021.

The controversial and influential entertainer and designer will bring his Yeezy collection to Gap in a co-branded line of apparel in 2021.

Watch retail consultant Robert Burke discuss the future of the shopping mall and the role it will play in a troubled retail landscape, with BoF’s Lauren Sherman and Cathaleen Chen.

Watch retail consultant Robert Burke discuss the future of the shopping mall and the role it will play in a troubled retail landscape, with BoF’s Lauren Sherman and Cathaleen Chen.

This week, everyone will be talking about the future of Victoria's Secret, the reopening of American stores and China's 520 Day. Get your BoF Professional Cheat Sheet.

This week, everyone will be talking about the future of Victoria's Secret, the reopening of American stores and China's 520 Day. Get your BoF Professional Cheat Sheet.

This week, Covid-19 is almost certain to dominate discussion and headlines again. Get your BoF Professional Cheat Sheet.

This week, Covid-19 is almost certain to dominate discussion and headlines again. Get your BoF Professional Cheat Sheet.
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.
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.
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
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.
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
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.
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.
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.