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 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.

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.

When the Supreme Court invalidated Trump’s sweeping import duties, he used a different provision to set a flat 10 percent levy on imports, which is set to expire on July 24.

When the Supreme Court invalidated Trump’s sweeping import duties, he used a different provision to set a flat 10 percent levy on imports, which is set to expire on July 24.

Shipping executives say retailers are pulling forward orders by four to six weeks to secure holiday inventories before new tariffs take effect later this year.

Shipping executives say retailers are pulling forward orders by four to six weeks to secure holiday inventories before new tariffs take effect later this year.

With the US, EU and Canada introducing measures on forced labour in supply chains, traceability is no longer just a sustainability initiative but a necessity for market access.

With the US, EU and Canada introducing measures on forced labour in supply chains, traceability is no longer just a sustainability initiative but a necessity for market access.
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The Trump administration has formally appealed the order directing customs authorities to refund the global tariffs declared unlawful by the US Supreme Court earlier this year.

The Trump administration has formally appealed the order directing customs authorities to refund the global tariffs declared unlawful by the US Supreme Court earlier this year.

The levies would affect imports from 60 trading partners, with rates ranging from 10% for Mexico, Canada and the UK to 12.5% for China, India and Brazil, as the Trump administration seeks to rebuild its tariff wall.

The levies would affect imports from 60 trading partners, with rates ranging from 10% for Mexico, Canada and the UK to 12.5% for China, India and Brazil, as the Trump administration seeks to rebuild its tariff wall.

US Customs and Border Protection validated over 80,000 applications for refunds covering an undisclosed number of shipments or entries.

US Customs and Border Protection validated over 80,000 applications for refunds covering an undisclosed number of shipments or entries.

The Trump administration asked a US court on Monday to suspend its ruling against the president’s proposed 10% global tariff as it pursues an appeal.

The Trump administration asked a US court on Monday to suspend its ruling against the president’s proposed 10% global tariff as it pursues an appeal.
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The tariffs were declared unlawful by a federal trade court, just months after the US Supreme Court vacated US president Donald Trump’s earlier levies.

The tariffs were declared unlawful by a federal trade court, just months after the US Supreme Court vacated US president Donald Trump’s earlier levies.

Refunds for the $166 billion in global tariffs that the US Supreme Court declared unlawful earlier this year have started hitting importers’ bank accounts.

Refunds for the $166 billion in global tariffs that the US Supreme Court declared unlawful earlier this year have started hitting importers’ bank accounts.

A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.

A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.

In a letter, a group of 15 Democrats in the US House of Representatives asked CEOs to detail how they passed tariff costs on to consumers, small businesses and other suppliers.

In a letter, a group of 15 Democrats in the US House of Representatives asked CEOs to detail how they passed tariff costs on to consumers, small businesses and other suppliers.
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.