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Givaudan perfume sales recover in first quarter
Swiss fragrance and flavor maker Givaudan has reported better than expected Q1 income, with progress driven by a return to growth in fine fragrances.
Beauty
Business
Italian luxury market in transformation
Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
Fashion
Retail
Sephora confirms Feelunique buy, no purchase price disclosed
LVMH’s premium beauty operation Sephora has confirmed the widely expected acquisition of Feelunique. It has signed a deal with Palamon Capital Partners and other shareholders to take over the UK-based beauty e-tailer.
Beauty
Business
Stockmann cautiously upbeat as Q2 performance accelerates
Finnish retail giant Stockmann's Q2 and half-year results showed a dramatic improvement all round. Revenue rose over 20% in the last three months, while the gross margin and adjusted operating profits jumped too.
Fashion
Business
Design
LVMH Prize to be awarded on September 7 in Paris
The group has announced the final of its competition for young designers. Set to take place on September 7 at the Fondation Louis Vuitton, the event's highlights will, for the first time, be broadcast via social media.
Fashion
Design
Loewe Foundation’s 2022 Craft Prize to be awarded in Seoul
The contemporary craftsmanship award by the Spanish luxury label recognizes talented artists working in various domains such as textiles, metal and glass, among others. The 2022 winner will be announced in Seoul.
Luxury
Design
Fausto Puglisi on reviving Cavalli; partisan chic and working with Mike Tyson
Fausto Puglisi has unveiled his debut collection for the house of Roberto Cavalli, and the designer has come out swinging. Here's the maximalist from Messina on his colorful vision for the brand.
Luxury
Design
Cannes fashion: The good, the bad and the plain weird
With so few red carpets to walk this past year, stars, celebs and the world's sharpest-elbowed influencers piled onto the "tapis rouge" at the Cannes film festival.
Luxury
Design
Appointments
BFC announces nine Changemakers finalists
The British Fashion Council has released the names of nine finalists for the recently-launched BFC Changemakers Prize. Three winners, to be chosen in September, will receive a £7,500 cash prize and mentoring package.
Fashion
Appointments
Macy’s names Maly Bernstein CEO of Bluemercury
Macy’s Inc named on Wednesday Maly Bernstein as chief executive officer of its beauty and spa chain, Bluemercury.
Beauty
Appointments
Kontoor Brands appoints EVP global communications and public affairs
Kontoor Brands, Inc. announced on Thursday the appointment of Mame Annan-Brown as executive vice president of global communications and public affairs.
Fashion
Appointments
AllSaints loses creative director as he focuses on Shoreditch Ski Club
AllSaints needs to find a new creative director with the long-term incumbent, Wil Beedle, leaving the business to focus on his own Shoreditch Ski Club (SSC) label.
Fashion
Appointments
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