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.
Venture Capital
Latest News & Analysis
Beauty
How Beauty Can Still Woo Venture Capital
Venture capital investments in beauty may be far from their DTC-era peak, but brands are still securing early-stage funds with firms across categories.
How Beauty Can Still Woo Venture Capital
Venture capital investments in beauty may be far from their DTC-era peak, but brands are still securing early-stage funds with firms across categories.
Beauty
AI Fragrance Company Osmo Raises $70 Million
The AI-powered scent design platform will use the funds to expand its team and operations as demand grows for its services.
AI Fragrance Company Osmo Raises $70 Million
The AI-powered scent design platform will use the funds to expand its team and operations as demand grows for its services.
Technology
Phia Raises $35 Million Series A
The round values the Phoebe Gates-co-founded price-comparison platform at $185 million.
Phia Raises $35 Million Series A
The round values the Phoebe Gates-co-founded price-comparison platform at $185 million.
Beauty
Cover FX and Mally Beauty Announce Brand Closures
Parent company AS Beauty is winding down two makeup labels acquired within the past five years.
Cover FX and Mally Beauty Announce Brand Closures
Parent company AS Beauty is winding down two makeup labels acquired within the past five years.
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Technology
Spangle Raises $15 Million Series A
The AI-powered e-commerce software provider is valued at $100 million with its latest funding round.
Spangle Raises $15 Million Series A
The AI-powered e-commerce software provider is valued at $100 million with its latest funding round.
Retail
Ear-Piercing Studios Look to Fill a Claire’s-Sized Hole in the Market
With Claire’s in bankruptcy and closing hundreds of stores, there’s a void in the market that startups and a growing number of independent studios hope to fill. They’re turning what used to be a fast and casual procedure into one that prioritises health, hygiene and comfort.
Ear-Piercing Studios Look to Fill a Claire’s-Sized Hole in the Market
With Claire’s in bankruptcy and closing hundreds of stores, there’s a void in the market that startups and a growing number of independent studios hope to fill. They’re turning what used to be a fast and casual procedure into one that prioritises health, hygiene and comfort.
Retail
Whatnot Secures $11.5 Billion Valuation
The live shopping startup on Tuesday announced a $225 million Series F funding round as the platform’s GMV more than doubled in 2025.
Whatnot Secures $11.5 Billion Valuation
The live shopping startup on Tuesday announced a $225 million Series F funding round as the platform’s GMV more than doubled in 2025.
Technology
The Fashion AI Startups to Watch
BoF highlights 17 AI-powered startups that have raised more than $400 million in the last five years by offering design, operation and shopping services that promise to help brands and retailers reduce costs and increase innovation.
The Fashion AI Startups to Watch
BoF highlights 17 AI-powered startups that have raised more than $400 million in the last five years by offering design, operation and shopping services that promise to help brands and retailers reduce costs and increase innovation.
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Creative Class
Natalie Massenet, Erik Torstensson Withdraw Lawsuits Against One Another
The Net-a-Porter founder on Wednesday filed a dismissal of the bombshell lawsuit she filed against her former partner, and Frame denim co-founder, in August.
Natalie Massenet, Erik Torstensson Withdraw Lawsuits Against One Another
The Net-a-Porter founder on Wednesday filed a dismissal of the bombshell lawsuit she filed against her former partner, and Frame denim co-founder, in August.
Technology
AI-Powered Shopping App Secures $8 Million, Hailey Bieber Backing
Phia, a price-comparison platform co-founded by Phoebe Gates, daughter of Microsoft co-founder Bill Gates, raised a seed round led by prominent venture firm Kleiner Perkins and a host of celebrity backers.
AI-Powered Shopping App Secures $8 Million, Hailey Bieber Backing
Phia, a price-comparison platform co-founded by Phoebe Gates, daughter of Microsoft co-founder Bill Gates, raised a seed round led by prominent venture firm Kleiner Perkins and a host of celebrity backers.
Retail
Ssense: What Went Wrong
Tariffs were the immediate cause of the Montréal-based company’s decision to file for bankruptcy protection. But insiders tell BoF that the downfall was a long time coming as the online retailer’s formula for appealing to Gen-Z shoppers with indie fashion brands and constant markdowns lost its edge.
Ssense: What Went Wrong
Tariffs were the immediate cause of the Montréal-based company’s decision to file for bankruptcy protection. But insiders tell BoF that the downfall was a long time coming as the online retailer’s formula for appealing to Gen-Z shoppers with indie fashion brands and constant markdowns lost its edge.
Creative Class
Net-a-Porter Founder Sues Ex-Partner for Fraud, Emotional Distress
In a bombshell lawsuit, Natalie Massenet accused Erik Torstensson of fraud, claiming he deceived her into spending $95 million to fund their lifestyle and support his business ventures.
Net-a-Porter Founder Sues Ex-Partner for Fraud, Emotional Distress
In a bombshell lawsuit, Natalie Massenet accused Erik Torstensson of fraud, claiming he deceived her into spending $95 million to fund their lifestyle and support his business ventures.
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.