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.
Stores
Latest News & Analysis
Luxury
What Makes Madison Avenue Work
The renaissance of the Upper East Side shopping district reflects a broader shift in how brands are rethinking their retail strategies, prioritising affluent neighbourhoods where loyal customers live and dine.
What Makes Madison Avenue Work
The renaissance of the Upper East Side shopping district reflects a broader shift in how brands are rethinking their retail strategies, prioritising affluent neighbourhoods where loyal customers live and dine.
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.
Beauty
Ruka Hair Enters Sephora
The UK biotech beauty label and its alternative hair extensions is the first addition to what the retailer calls a ‘brand new category.’
Ruka Hair Enters Sephora
The UK biotech beauty label and its alternative hair extensions is the first addition to what the retailer calls a ‘brand new category.’
Beauty
Bluemercury Appoints New CEO
Alexandre Choueiri joins the retailer from Kering Beauté Americas, where he also served as chief executive.
Bluemercury Appoints New CEO
Alexandre Choueiri joins the retailer from Kering Beauté Americas, where he also served as chief executive.
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Beauty
Estée Lauder Boosts Cost of Restructuring Moves to $1.75 Billion
The US conglomerate forecasts restructuring costs of $1.75 billion, up from $1.55 billion previously, owing to job cuts and workforce reductions in addition to other expenses.
Estée Lauder Boosts Cost of Restructuring Moves to $1.75 Billion
The US conglomerate forecasts restructuring costs of $1.75 billion, up from $1.55 billion previously, owing to job cuts and workforce reductions in addition to other expenses.
Beauty
Glossier’s Plan to Reignite Its Marketing Magic
As the beleagured Millennial beauty brand works on its turnaround, a campaign in partnership with the New York City Tourism Board recalls its early marketing stunts.
Glossier’s Plan to Reignite Its Marketing Magic
As the beleagured Millennial beauty brand works on its turnaround, a campaign in partnership with the New York City Tourism Board recalls its early marketing stunts.
Beauty
South African Drugstore Empire Faces Succession Reckoning
As Dis-Chem’s chairman prepares to retire and current management rolls out ‘Health Hub’ concepts, investors are uncertain about the $1.7 billion pharmacy chain’s future.
South African Drugstore Empire Faces Succession Reckoning
As Dis-Chem’s chairman prepares to retire and current management rolls out ‘Health Hub’ concepts, investors are uncertain about the $1.7 billion pharmacy chain’s future.
Retail
Saks Global Exits Bankruptcy and Rebrands to Exemplar Luxury Group
The new corporate identity is meant to signal a new chapter for the retailer and hold the retailer accountable to a higher standard of partnership to brands, consumers and its employees, said CEO Geoffroy van Raemdonck.
Saks Global Exits Bankruptcy and Rebrands to Exemplar Luxury Group
The new corporate identity is meant to signal a new chapter for the retailer and hold the retailer accountable to a higher standard of partnership to brands, consumers and its employees, said CEO Geoffroy van Raemdonck.
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Beauty
How a Magazine Becomes a Lifestyle Brand
Kinfolk, the quintessential Millennial lifestyle quarterly, is betting it can translate its aspirational aesthetics into a multicategory consumer brand — starting with a fragrance line and a new Manhattan pop-up.
How a Magazine Becomes a Lifestyle Brand
Kinfolk, the quintessential Millennial lifestyle quarterly, is betting it can translate its aspirational aesthetics into a multicategory consumer brand — starting with a fragrance line and a new Manhattan pop-up.
Beauty
Beauty Brands Want to Own Their Space. It’ll Cost Them.
As department stores wane in popularity and specialty and e-commerce becomes more saturated, beauty brands are looking to open their own stores to regain ground and control the customer experience. Becoming a retailer, however, is very different to being a wholesaler.
Beauty Brands Want to Own Their Space. It’ll Cost Them.
As department stores wane in popularity and specialty and e-commerce becomes more saturated, beauty brands are looking to open their own stores to regain ground and control the customer experience. Becoming a retailer, however, is very different to being a wholesaler.
Retail
Report: BHV Ends Partnership With Shein
The November launch of Shein’s first physical shop in the French department storewas met with protests and sharp criticism from politicians and retailers.
Report: BHV Ends Partnership With Shein
The November launch of Shein’s first physical shop in the French department storewas met with protests and sharp criticism from politicians and retailers.
Luxury
Hermès Opens Bond Street Mega-Boutique
The ultra-luxurious ‘maison’ is a big bet on London’s enduring appeal for luxury shoppers, as the sector struggles to bounce back from a prolonged downturn.
Hermès Opens Bond Street Mega-Boutique
The ultra-luxurious ‘maison’ is a big bet on London’s enduring appeal for luxury shoppers, as the sector struggles to bounce back from a prolonged downturn.
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.