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.
travel retail
Latest News & Analysis
Luxury
Luxury’s Post-Pandemic Future
This week, everyone will be talking about LVMH’s post-pandemic outlook at its annual meeting, the start of Ramadan and BoF’s Professional Summit on closing fashion’s sustainability gap.
Luxury’s Post-Pandemic Future
This week, everyone will be talking about LVMH’s post-pandemic outlook at its annual meeting, the start of Ramadan and BoF’s Professional Summit on closing fashion’s sustainability gap.
China
Can China Save Travel Retail in 2020?
The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming in places like Hainan.
Can China Save Travel Retail in 2020?
The decline in international travel has hit duty free retail hard this year, but sales to domestic travellers in China with nowhere else to go are booming in places like Hainan.
Retail
LA’s Fred Segal Bets on Luxury Recovery Abroad With New Shops
The West Hollywood boutique will open a flagship in Seoul as part of a plan to add as many as 15 new locations in the world’s major urban centres.
LA’s Fred Segal Bets on Luxury Recovery Abroad With New Shops
The West Hollywood boutique will open a flagship in Seoul as part of a plan to add as many as 15 new locations in the world’s major urban centres.
Luxury
What Luxury Can Do About the Tourism Crisis
The luxury business will feel the permanent effects of this unprecedented break in travel. In order to capture lost sales, the industry will need to evolve by rethinking marketing and distribution, from brick-and-mortar flagship stores to e-commerce experiences.
What Luxury Can Do About the Tourism Crisis
The luxury business will feel the permanent effects of this unprecedented break in travel. In order to capture lost sales, the industry will need to evolve by rethinking marketing and distribution, from brick-and-mortar flagship stores to e-commerce experiences.
ADVERTISEMENT
Luxury
The BoF Podcast: Rafat Ali on the Month the World Stopped Travelling
In the latest special edition of the BoF Podcast, Rafat Ali, founder and CEO of the travel news site Skift, talks to BoF Editor-in-Chief Imran Amed about the tourism standstill following the outbreak of Covid-19 and its impact on travel retail.
The BoF Podcast: Rafat Ali on the Month the World Stopped Travelling
In the latest special edition of the BoF Podcast, Rafat Ali, founder and CEO of the travel news site Skift, talks to BoF Editor-in-Chief Imran Amed about the tourism standstill following the outbreak of Covid-19 and its impact on travel retail.
China
Travel Retail Is in Trouble. How Bad Will It Get?
As the coronavirus outbreak intensifies, Chinese outbound tourism comes to a standstill and retailers begin to assess the damage to business beyond China.
Travel Retail Is in Trouble. How Bad Will It Get?
As the coronavirus outbreak intensifies, Chinese outbound tourism comes to a standstill and retailers begin to assess the damage to business beyond China.
Retail
Summersalt is the Latest Brand to Cash in on the Travel Trend
The direct-to-consumer brand made waves with its size-inclusive swimwear. Now it wants to sell sweaters and pajamas too.
Summersalt is the Latest Brand to Cash in on the Travel Trend
The direct-to-consumer brand made waves with its size-inclusive swimwear. Now it wants to sell sweaters and pajamas too.
Luxury
Chinese Tourism Boom That Propped Up Luxury Brands Is Faltering
Brands like Kate Spade and Coach are targeting the mainland as China's shoppers stay home.
Chinese Tourism Boom That Propped Up Luxury Brands Is Faltering
Brands like Kate Spade and Coach are targeting the mainland as China's shoppers stay home.
ADVERTISEMENT
Fashion Week
The Real Reason Valentino and Dior Men Showed in Japan
Beneath the surface of enthusiasm that fashion creatives harbour for Japan, there is a carefully calculated business rationale for their choice of locale.
The Real Reason Valentino and Dior Men Showed in Japan
Beneath the surface of enthusiasm that fashion creatives harbour for Japan, there is a carefully calculated business rationale for their choice of locale.
News & Analysis
Japanese Cosmetics Makers Dip on China's Customs Checks
China's Pudong Airport has stepped up checks on those bringing in goods purchased overseas, according to a report.
Japanese Cosmetics Makers Dip on China's Customs Checks
China's Pudong Airport has stepped up checks on those bringing in goods purchased overseas, according to a report.
Retail
New Asian Shoppers Drive Japan’s Travel Retail Boom
Big spenders from Indonesia, Thailand and Vietnam are making their mark on Japan’s travel retail market during peak tourist seasons like ‘hanami’ and ‘koyo’.
New Asian Shoppers Drive Japan’s Travel Retail Boom
Big spenders from Indonesia, Thailand and Vietnam are making their mark on Japan’s travel retail market during peak tourist seasons like ‘hanami’ and ‘koyo’.
Luxury
Vacation Dressing in the Instagram Age
Social-media savvy consumers are seeking out Instagramable outfits for travelling, presenting a year-round opportunity for fashion brands and retailers alike.
Vacation Dressing in the Instagram Age
Social-media savvy consumers are seeking out Instagramable outfits for travelling, presenting a year-round opportunity for fashion brands and retailers alike.
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.