Perfume
The latest news
Richemont recommends shareholders vote against board candidate Trapani
Richemont has asked shareholders to reject a candidate from Bluebell Capital Partners as a representative of ordinary shareholders and vote against his election to the luxury group's board at its upcoming AGM.
Luxury
Eurozone retail sales drop more than expected in June as prices rise
Euro zone retail sales plunged more than expected in June as prices at factory gates continued to rise, data showed Wednesday, signalling a weakness in consumer demand that could herald a recession in H2.
Fashion
Revlon gets court approval for $1.4 billion bankruptcy loan
Revlon received a US bankruptcy judge's permission Monday to proceed with a $1.4bn loan, over an objection by some creditors who argued its terms could block their chance to recover anything from the firm's bankruptcy.
Beauty
Estée Lauder is in talks to acquire Tom Ford brand - report
Cosmetics giant Estée Lauder Cos Inc is reportedly in talks to acquire ultra-luxury brand Tom Ford. If it does, it could be a $3 billion deal, the Wall Street Journal said at the start of August, citing sources.
Fashion
Sales and profit boom at Hermès in H1, China bounces back at end of period
Hermès saw a sales boom in Q2 as — like its luxury peers — it enjoyed strong growth in Europe and the US with China also recovering during June towards the end of the quarter.
Luxury
L'Occitane reports a 15.8% increase in sales in the first quarter
During the first quarter of its fiscal year that closed on June 30, the L'Occitane group recorded sales of €416 million, up 15.8% at constant exchange rates.
Beauty
Glossier arrives at Sephora in the US and Canada
Having so far favored direct sales, the American beauty brand is arriving at Sephora stores in the U.S. and Canada, and is expanding its network of boutiques.
Beauty
Unilever's first half is strong for prestige beauty
Unilever’s first-half report on Tuesday showed rising sales, with inflation a big factor in that as the company was largely able to pass on price rises to consumers.
Beauty
Pitti Fragranze back in Florence with 140 exhibitors, special guest Alessandro Gualtieri
The 20th edition of Pitti Fragranze, the trade show of the creative perfumery sector, entitled ‘The 5 Senses Issue’ and featuring 140 international exhibitors, will be held in Florence on September 16-18.
Beauty
K11 unveils plans for new Shenzhen retail precinct
K11 Group this month announced plans for a new harbourfront complex in China's Shenzhen, as the New World Group-owned brand and retail developer continues to expand across mainland China.
Fashion
Givaudan’s profits slump in H1 despite perfumes rebound
On Thursday, Swiss fragrances and flavourings producer Givaudan reported a net profits slump in H1, within a highly inflationary environment and despite rising sales, driven chiefly by the rebound of fine perfumery.
Beauty
Inter Parfums inks exclusive fragrance license with Donna Karan, DKNY Brands
Inter Parfums Inc. announced the closing of its agreement with G-III Apparel Group, the parent company of the Donna Karan and DKNY brands, to become the exclusive worldwide licensee for the labels’ fragrance brands.
Beauty
Why Tom of Finland is a fashion phenomenon
Since 2014, more than 30 brands have linked themselves with the brand's homoerotic imagery. Fashion Network sat down with Joakim Andreasson, Tom of Finland's license director, to discuss them.
Fashion
Victoria's Secret launches new fine fragrance
Dubbed 'Bare Eau de Parfum', the new fine fragrance adapts to every person's body chemistry to create a scent that is unique to all who wear it.
Beauty
Cosmoprof North America completes successful 19th edition, reveals next dates
B2B beauty exhibition Cosmoprof North America announced on Monday that it will celebrate its 20th edition at the Las Vegas Convention Center on July 11-13, 2023.
Beauty
Richemont booms in Q1 but China restrictions dent sales there
Richemont said on Friday that the latest quarter saw strength in Europe, Japan, the US and Middle East. But Asia Pacific was hit by Covid issues in China. It was similar to Burberry, which reported on the same day.
Luxury