What Comes After the Fragrance Boom
Givaudan, one of the world’s biggest fragrance manufacturers, whose noses are responsible for hits like Carolina Herrera’s Good Girl, is figuring out what its growth engine will be in a…
Estée Lauder Companies Says Its Turnaround Is Working — Slowly
The Estée Lauder Companies on Wednesday predicted a possible return to growth in its next fiscal year, a tentative vote of confidence in a turnaround plan meant to address a…
Making Sense of This Week’s Big Fashion Bankruptcies
This week, the industry was rocked by a pair of bankruptcies that could see two shopping mall fixtures disappear. On Sunday, Forever 21 filed for bankruptcy protection for the second…
The State of Fashion: Luxury
Over the past five years, the luxury industry experienced a period of exceptional value creation. Between 2019 and 2023, unprecedented demand for personal luxury goods — fashion, handbags, watches and…