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.
luxury / Travel & Hospitality
Luxury
Icicle: Capturing Interest in Chinese Brands
Executive president Louise Xu explains how the Shanghai-based quiet luxury label is tapping rising interest in Chinese brands, its novel retail concept and the differences between Chinese and Western consumers.
Icicle: Capturing Interest in Chinese Brands
Executive president Louise Xu explains how the Shanghai-based quiet luxury label is tapping rising interest in Chinese brands, its novel retail concept and the differences between Chinese and Western consumers.
Luxury
Face to Face With Luxury Clients
After a prolonged slowdown, luxury is gradually returning to growth, led by the US and China. Drawing on a survey of more than 2,000 clients and dozens of interviews across both markets, The Business of Fashion and McKinsey & Company find in the latest edition in our State of Fashion series a base of customers with increasingly distinct local preferences that nonetheless share an overarching desire for emotional connection.
Face to Face With Luxury Clients
After a prolonged slowdown, luxury is gradually returning to growth, led by the US and China. Drawing on a survey of more than 2,000 clients and dozens of interviews across both markets, The Business of Fashion and McKinsey & Company find in the latest edition in our State of Fashion series a base of customers with increasingly distinct local preferences that nonetheless share an overarching desire for emotional connection.
Partner Content
How Edition Hotels Is Winning Over the Next Generation of Luxury Travellers
Marriott International’s Edition brand has expanded into new destinations and experiential offerings to meet the shifting demands of affluent travellers.
How Edition Hotels Is Winning Over the Next Generation of Luxury Travellers
Marriott International’s Edition brand has expanded into new destinations and experiential offerings to meet the shifting demands of affluent travellers.
Partner Content
The Shangri-La Paris Hotel Refreshes Its Experiential Luxury Offering
Under new leadership, the luxury five-star hotel in the French capital is developing fresh food and beverage concepts and an updated wellness offering to appeal to local and global consumers alike. BoF sits down with the hotel’s general manager to learn more.
The Shangri-La Paris Hotel Refreshes Its Experiential Luxury Offering
Under new leadership, the luxury five-star hotel in the French capital is developing fresh food and beverage concepts and an updated wellness offering to appeal to local and global consumers alike. BoF sits down with the hotel’s general manager to learn more.
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Partner Content
The Art of Memory-Making: Inside The Ritz-Carlton’s Experience-Led Strategy
Luxury travel is being reshaped by a demand for discretion, individuality and deeper connection. In an interview with Tina Edmundson, president of luxury at Marriott International, BoF examines how The Ritz-Carlton has built its reputation on anticipating the needs of its guests, with service and personalisation at the centre of the experience.
The Art of Memory-Making: Inside The Ritz-Carlton’s Experience-Led Strategy
Luxury travel is being reshaped by a demand for discretion, individuality and deeper connection. In an interview with Tina Edmundson, president of luxury at Marriott International, BoF examines how The Ritz-Carlton has built its reputation on anticipating the needs of its guests, with service and personalisation at the centre of the experience.
Partner Content
Monos’ Strategy for Loyalty Beyond the Suitcase
From suitcases to experiential retail, luggage specialist Monos is expanding its footprint beyond travel to build community and cultural relevance along the way. Here, BoF sits down with its co-founder and CEO, Victor Tam, to learn more.
Monos’ Strategy for Loyalty Beyond the Suitcase
From suitcases to experiential retail, luggage specialist Monos is expanding its footprint beyond travel to build community and cultural relevance along the way. Here, BoF sits down with its co-founder and CEO, Victor Tam, to learn more.
Luxury
Can Langosteria Become a Global Brand?
CEO Enrico Buonocore discusses the high-end seafood restaurant’s expansion strategy as it opens a new flagship in Palazzo Fendi in Milan, ahead of openings in London and Sardinia.
Can Langosteria Become a Global Brand?
CEO Enrico Buonocore discusses the high-end seafood restaurant’s expansion strategy as it opens a new flagship in Palazzo Fendi in Milan, ahead of openings in London and Sardinia.
Luxury
London’s Luxury Hotels Have Hit Their Price Ceiling
With more luxury openings driving up supply and economic uncertainty tamping down demand, top London hotels are recalibrating their prices.
London’s Luxury Hotels Have Hit Their Price Ceiling
With more luxury openings driving up supply and economic uncertainty tamping down demand, top London hotels are recalibrating their prices.
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Luxury
Inside the First Dior Spa in the US
The opening of the multi-level space atop Dior’s New York flagship is the latest move in the brand’s push into spas.
Inside the First Dior Spa in the US
The opening of the multi-level space atop Dior’s New York flagship is the latest move in the brand’s push into spas.
Luxury
Saudi Arabia Bets on Nature in Latest Tourism Play
The kingdom is investing billions in transforming a mountainous province the size of Austria into a luxury tourism destination.
Saudi Arabia Bets on Nature in Latest Tourism Play
The kingdom is investing billions in transforming a mountainous province the size of Austria into a luxury tourism destination.
Luxury
Is $4,000 a Night for a Hotel Room the New Normal?
Prices have skyrocketed at luxury hotels, especially in top leisure markets. Will they ever come down?
Is $4,000 a Night for a Hotel Room the New Normal?
Prices have skyrocketed at luxury hotels, especially in top leisure markets. Will they ever come down?
Luxury
$50,000-a-Night Resort Signals Africa’s Future in Luxury Travel
Capital from billionaire business moguls and Middle Eastern royals is pouring into Africa, filling a funding gap left by banks, as a new wave of ultra-luxury developments reshapes the continent’s hospitality landscape.
$50,000-a-Night Resort Signals Africa’s Future in Luxury Travel
Capital from billionaire business moguls and Middle Eastern royals is pouring into Africa, filling a funding gap left by banks, as a new wave of ultra-luxury developments reshapes the continent’s hospitality landscape.
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.