
The title is 'positive business director' and Pentland Brands now has one. The UK fashion group has promoted Sara Brennan to the newly-created leadership role.
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The title is 'positive business director' and Pentland Brands now has one. The UK fashion group has promoted Sara Brennan to the newly-created leadership role.
On Thursday, Swiss group Givaudan, the world's number one fragrance and aroma manufacturer, published sales data for the first nine months of the year. Exchange rate effects hampered growth, despite an improvement in Q3.
Givaudan aims to increase its annual organic sales by 4-5% on average until 2025, mainly due to acquisitions, a focus on smaller and local customers and fast-growing China, it said on Thursday.
Fragrance and flavour maker Givaudan said it was on track to meet its 2020 guidance after net profit rose 9% and like-for-like sales grew 4% in the first half as consumers kept buying soap during the Covid-19 pandemic.
Swiss fragrance and flavour maker Givaudan said demand for soap, shampoo and snacks would drive sales in April as people stock up during the coronavirus pandemic after like-for-like sales rose 5.
Swiss fragrance producer Givaudan said Thursday it would produce 60 tonnes of hand sanitiser over the next two weeks to meet chronic shortages of the product needed to tackle the coronavirus pandemic.
Givaudan has closed a facility near Zurich and told roughly 400 employees to work from home after one employee was confirmed infected with the new coronavirus, the Swiss fragrances and flavours maker said on Wednesday.
Givaudan has taken a minority stake in French natural raw material specialist Robertet. The acquisition was unsolicited, as was Swiss company Firmenich’s entry into Robertet's capital last September.
Fragrance and flavor maker Givaudan said it was confident of delivering like-for-like sales growth of between 4% and 5% this year, within its mid-term target range, implying a slowdown from 5.8% growth last year.
From sustainable perfumery to artificial intelligence, the fragrance industry is facing new challenges, as Philippe Ughetto, president of Fragrance Foundation France, explained to FashionNetwork.com.