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.
Wages
Latest News & Analysis
Retail
Target Increases Hourly Wage to $15
The big box retailer said the new hourly rates, effective July 5, will be accompanied with bonuses, paid leave and other benefits.
Target Increases Hourly Wage to $15
The big box retailer said the new hourly rates, effective July 5, will be accompanied with bonuses, paid leave and other benefits.
Sustainability
Is Your Fashion Brand Ethical?
More and more brands are claiming that the clothes they sell have a positive social impact. Here are four essential steps toward making that statement true.
Is Your Fashion Brand Ethical?
More and more brands are claiming that the clothes they sell have a positive social impact. Here are four essential steps toward making that statement true.
News & Analysis
Burberry Dodges Shareholder Defeat in Vote on Executive Pay
Burberry fended off a shareholder revolt over executive pay at Marco Gobbetti’s first annual meeting as CEO, overcoming objections from some investors and advisory groups.
Burberry Dodges Shareholder Defeat in Vote on Executive Pay
Burberry fended off a shareholder revolt over executive pay at Marco Gobbetti’s first annual meeting as CEO, overcoming objections from some investors and advisory groups.
News & Analysis
Op-Ed | Burberry's New Fashion Directive: Get On Trend With Pay
The company may face a backlash from shareholders at its annual general meeting on Thursday over awards to chief creative director Christopher Bailey, and new finance director Julie Brown.
Op-Ed | Burberry's New Fashion Directive: Get On Trend With Pay
The company may face a backlash from shareholders at its annual general meeting on Thursday over awards to chief creative director Christopher Bailey, and new finance director Julie Brown.
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News & Analysis
Walmart E-Commerce CEO Gets $244 Million After Jet Deal
The compensation puts Marc Lore well ahead of his boss, Walmart CEO Doug McMillon, and vaults him into the ranks of America’s top-paid executives.
Walmart E-Commerce CEO Gets $244 Million After Jet Deal
The compensation puts Marc Lore well ahead of his boss, Walmart CEO Doug McMillon, and vaults him into the ranks of America’s top-paid executives.
Beauty
Social Goods | Maybelline Appoints First Male Ambassador, Bangladeshi Garment Workers Protest
This week, Maybelline named Youtube star Manny Gutierrez its first male ambassador, and garment workers protest world's lowest minimum wage in Bangladesh.
Social Goods | Maybelline Appoints First Male Ambassador, Bangladeshi Garment Workers Protest
This week, Maybelline named Youtube star Manny Gutierrez its first male ambassador, and garment workers protest world's lowest minimum wage in Bangladesh.
News & Analysis
Social Goods | Model Price Fixing, British Vogue's 'Real' Issue, Asos Working Conditions
This week, France has fined 35 modelling agencies for price fixing, and UK MPs are to investigate working conditions at Asos.
Social Goods | Model Price Fixing, British Vogue's 'Real' Issue, Asos Working Conditions
This week, France has fined 35 modelling agencies for price fixing, and UK MPs are to investigate working conditions at Asos.
Sustainability
New Documentary Calls for 'Dignified Life' for Asian Garment Workers
A new documentary records the first hand accounts of garment workers and their daily struggles in the face of poor pay, excessive overtime, unsafe working conditions and widespread sexual harassment.
New Documentary Calls for 'Dignified Life' for Asian Garment Workers
A new documentary records the first hand accounts of garment workers and their daily struggles in the face of poor pay, excessive overtime, unsafe working conditions and widespread sexual harassment.
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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.