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.
Wholesale
Latest News & Analysis
Entrepreneurship
How Some Founders Are Redefining Fashion’s Idea of Success
As the pipeline to scaling a fashion business grows more precarious, some designers are ditching the pursuit of global prestige in favour of a slower approach to growth they say is more sustainable — and more fulfilling.
How Some Founders Are Redefining Fashion’s Idea of Success
As the pipeline to scaling a fashion business grows more precarious, some designers are ditching the pursuit of global prestige in favour of a slower approach to growth they say is more sustainable — and more fulfilling.
Retail
Unpacking Saks Global’s Post-Bankruptcy Plan
The luxury giant has filed its roadmap to exit Chapter 11 this summer, confirming it will not sell Bergdorf Goodman. Under the new deal, bankruptcy lenders will take full ownership, wipe away billions in debt and set the stage for a leaner, more profitable operation.
Unpacking Saks Global’s Post-Bankruptcy Plan
The luxury giant has filed its roadmap to exit Chapter 11 this summer, confirming it will not sell Bergdorf Goodman. Under the new deal, bankruptcy lenders will take full ownership, wipe away billions in debt and set the stage for a leaner, more profitable operation.
Retail
Saks Global Nabs $500 Million in Post-Bankruptcy Financing
The department store group aims to exit Chapter 11 by summer with a leaner store footprint and repaired vendor relationships.
Saks Global Nabs $500 Million in Post-Bankruptcy Financing
The department store group aims to exit Chapter 11 by summer with a leaner store footprint and repaired vendor relationships.
Retail
US Businesses Clamour for Refunds After Supreme Court Strikes Down Trump’s Tariffs
The US National Retail Federation, which represents a number of US retailers, from Walmart to small brands and manufacturers, called for a ‘seamless process to refund the tariffs to US importers.’
US Businesses Clamour for Refunds After Supreme Court Strikes Down Trump’s Tariffs
The US National Retail Federation, which represents a number of US retailers, from Walmart to small brands and manufacturers, called for a ‘seamless process to refund the tariffs to US importers.’
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Beauty
Why Beauty Brands Are Rushing to West Africa in December
A surge in diaspora tourism to Ghana and Nigeria during the festive ‘Detty December’ season has become a bankable opportunity for brands eager to push into a new market — and shopping holiday.
Why Beauty Brands Are Rushing to West Africa in December
A surge in diaspora tourism to Ghana and Nigeria during the festive ‘Detty December’ season has become a bankable opportunity for brands eager to push into a new market — and shopping holiday.
Beauty
ByErim and Make Waves Win Inaugural Breakout Beauty UK Accelerator Prize
The new awards program, put on by incubator Growth Studio and sponsored by Boots and TikTok Shop, honoured the haircare and body labels with a grand prize that includes retailer placement and executive mentorship.
ByErim and Make Waves Win Inaugural Breakout Beauty UK Accelerator Prize
The new awards program, put on by incubator Growth Studio and sponsored by Boots and TikTok Shop, honoured the haircare and body labels with a grand prize that includes retailer placement and executive mentorship.
Beauty
Bath & Body Works’ Plan to Restore Its Shine
With a new CEO, a deeper push into fine scents and updated distribution channels, the mall mainstay is hoping to reestablish its position as a fragrance authority in the US.
Bath & Body Works’ Plan to Restore Its Shine
With a new CEO, a deeper push into fine scents and updated distribution channels, the mall mainstay is hoping to reestablish its position as a fragrance authority in the US.
Retail
Report: Saks Global to Sell $1 Billion Stake in Bergdorf Goodman
The retailer is seeking an investor to take on 49 percent of the New York luxury retailer, according to the Wall Street Journal. Proceeds will go towards easing a heavy debt load less than a year after acquiring Neiman Marcus.
Report: Saks Global to Sell $1 Billion Stake in Bergdorf Goodman
The retailer is seeking an investor to take on 49 percent of the New York luxury retailer, according to the Wall Street Journal. Proceeds will go towards easing a heavy debt load less than a year after acquiring Neiman Marcus.
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Beauty
The Truth About Violet Grey’s Acquisition Plans
Chief executive Sherif Guirgis set the record straight about the company’s acquisitions, and shared his growth plans with The Business of Beauty exclusively.
The Truth About Violet Grey’s Acquisition Plans
Chief executive Sherif Guirgis set the record straight about the company’s acquisitions, and shared his growth plans with The Business of Beauty exclusively.
Retail
The Great Fashion Reset | The Future of Multi-Brand Retail
As major luxury retailers from Saks to Ssense struggle, independent boutiques are making a comeback.
The Great Fashion Reset | The Future of Multi-Brand Retail
As major luxury retailers from Saks to Ssense struggle, independent boutiques are making a comeback.
Beauty
Katrina Kaif Brings Indian Beauty to the World
In just six years, Kay Beauty has become India’s fastest-growing celebrity-founded beauty line. Kaif and Nykaa co-founder Adwaita Nayar spoke exclusively to The Business of Beauty about the brand’s global ambitions.
Katrina Kaif Brings Indian Beauty to the World
In just six years, Kay Beauty has become India’s fastest-growing celebrity-founded beauty line. Kaif and Nykaa co-founder Adwaita Nayar spoke exclusively to The Business of Beauty about the brand’s global ambitions.
Beauty
Former Sephora CEO Joins Ulta Beauty’s Board
The US beauty retailer announced that Martin Blok, formerly chief executive at Sephora, and Stephenie Landry, a former Amazon executive, would join its board of directors effective Sept 1.
Former Sephora CEO Joins Ulta Beauty’s Board
The US beauty retailer announced that Martin Blok, formerly chief executive at Sephora, and Stephenie Landry, a former Amazon executive, would join its board of directors effective Sept 1.
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.