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.
sport
Retail
Nike Sales Beat Estimates in New CEO’s First Full Quarter
Revenue fell 9 percent to $11.3 billion for the quarter ended Feb. 28. That’s better than the 11 percent drop that Wall Street predicted.
Nike Sales Beat Estimates in New CEO’s First Full Quarter
Revenue fell 9 percent to $11.3 billion for the quarter ended Feb. 28. That’s better than the 11 percent drop that Wall Street predicted.
Retail
Nike to Post Worst Revenue Fall in 5 Years on Stagnant Demand
Downloads of Nike mobile apps for the quarter were down 35 percent from the year prior while foot traffic at Nike stores was down 11 percent.
Nike to Post Worst Revenue Fall in 5 Years on Stagnant Demand
Downloads of Nike mobile apps for the quarter were down 35 percent from the year prior while foot traffic at Nike stores was down 11 percent.
Retail
Nike’s Top Strategy, Communications Officers Exit in Shakeup
Bloomberg reported the sportswear giant’s top strategy and communications executives are leaving the company, adding to the list of senior leadership changes under CEO Elliott Hill, who rejoined Nike in October.
Nike’s Top Strategy, Communications Officers Exit in Shakeup
Bloomberg reported the sportswear giant’s top strategy and communications executives are leaving the company, adding to the list of senior leadership changes under CEO Elliott Hill, who rejoined Nike in October.
Retail
Anta Sports Shares Plunge as Full-Year Operating Margin Misses
China’s biggest sportswear maker saw its operating margin decrease by just over a percentage point last year due to higher spending on branding, sales channels and R&D.
Anta Sports Shares Plunge as Full-Year Operating Margin Misses
China’s biggest sportswear maker saw its operating margin decrease by just over a percentage point last year due to higher spending on branding, sales channels and R&D.
Global Markets
Why Aren’t Luxury Brands Signing India’s Cricketers?
India’s most idolised sportsmen have the potential to be powerful marketing vehicles for global fashion brands but only if partnerships don’t distract players from the game or cast them as elitist figures in the eyes of their diverse fanbase.
Why Aren’t Luxury Brands Signing India’s Cricketers?
India’s most idolised sportsmen have the potential to be powerful marketing vehicles for global fashion brands but only if partnerships don’t distract players from the game or cast them as elitist figures in the eyes of their diverse fanbase.
Media
With ‘Players’, Carine Roitfeld Will Tackle the Intersection of Fashion and Sport
With the launch of new magazine ‘Players’ Carine Roitfeld and son Vladimir Roitfeld, who will serve as editor-in-chief, are looking to provide a new, more elevated take on fashion and sport — and become a go-to media partner for brands.
With ‘Players’, Carine Roitfeld Will Tackle the Intersection of Fashion and Sport
With the launch of new magazine ‘Players’ Carine Roitfeld and son Vladimir Roitfeld, who will serve as editor-in-chief, are looking to provide a new, more elevated take on fashion and sport — and become a go-to media partner for brands.
Sports
Nike Launches New Fitness Brand With Kim Kardashian’s Skims
The new partners say they have long-term vision for body-fitting activewear for women.
Nike Launches New Fitness Brand With Kim Kardashian’s Skims
The new partners say they have long-term vision for body-fitting activewear for women.
Sports
Fashion’s Biggest Super Bowl Ever
American brands swooped in on Super Bowl LIX, staging runway shows in its host city of New Orleans and collaborating with halftime star Kendrick Lamar as fashion and football took their relationship to a new level.
Fashion’s Biggest Super Bowl Ever
American brands swooped in on Super Bowl LIX, staging runway shows in its host city of New Orleans and collaborating with halftime star Kendrick Lamar as fashion and football took their relationship to a new level.
Retail
Nike CEO’s Turnaround Plan Began With Call to NFL’s Roger Goodell
Nike CEO Elliott Hill secured an extension of the company’s critical licensing deal with the NFL through 2038, strengthening both brands' global ambitions as they collaborate on expanding football’s reach.
Nike CEO’s Turnaround Plan Began With Call to NFL’s Roger Goodell
Nike CEO Elliott Hill secured an extension of the company’s critical licensing deal with the NFL through 2038, strengthening both brands' global ambitions as they collaborate on expanding football’s reach.
Luxury
Louis Vuitton to Be Title Sponsor of Australian F1 GP
The LVMH brand will have prominent trackside signage at the March 16 race, whose official title will be the Formula One Louis Vuitton Australian Grand Prix.
Louis Vuitton to Be Title Sponsor of Australian F1 GP
The LVMH brand will have prominent trackside signage at the March 16 race, whose official title will be the Formula One Louis Vuitton Australian Grand Prix.
Beauty
Op-Ed | How Female Athletes Are Shaping the Future of Business
In an op-ed for The Business of Beauty, five-time Grand Slam champion Maria Sharapova looks back on how brand partnerships shaped her career — and how the stakes have shifted for female athletes today.
Op-Ed | How Female Athletes Are Shaping the Future of Business
In an op-ed for The Business of Beauty, five-time Grand Slam champion Maria Sharapova looks back on how brand partnerships shaped her career — and how the stakes have shifted for female athletes today.
Sports
New Balance’s $10 Billion Plan
As the brand races to hit eleven-digit annual sales, CEO Joe Preston opens up for The State of Fashion 2025 about what New Balance is doing that its rivals aren't, the company's unique approach to brand and athlete partnerships and how it plans to stay ahead in the innovation battle.
New Balance’s $10 Billion Plan
As the brand races to hit eleven-digit annual sales, CEO Joe Preston opens up for The State of Fashion 2025 about what New Balance is doing that its rivals aren't, the company's unique approach to brand and athlete partnerships and how it plans to stay ahead in the innovation battle.
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.