Givaudan, the world’s top perfume and fragrance producer, has announced it will enlarge its production plant in Pedro Escobedo, in the state of Querétaro, Mexico, as it seeks to boost its Latin America growth.
The Italian luxury label’s H1 net revenue amounted to €313.8 million, up 7.7% at current exchange rates over June 2019. Revenue is set to grow by around 20% in the current year, and will rise by 10% in 2022.
The sportswear retailer announced net sales of $419.3 million for Q2 on Friday, down 5.1% from $441.6 million in the prior-year period, when the company was one of the few not to implement temporary store closures.
Gap Inc on Thursday raised its full-year net sales forecast for the second time, betting on hot demand for its Old Navy and Athleta clothing brands as socializing makes a comeback with easing pandemic curbs.
Big job. Big, big bonus. Michael Murray, who’s set to become chief executive of future-father-in-law Mike Ashley's Frasers Group, could be in line for a £100 million share windfall under a proposed pay package.
PrettyLittleThing has announced that Molly-Mae Hague has been appointed as its creative director for the UK and the EU in a year-long “partnership” working alongside its Creative and Brand team throughout 2021/22.
Asics continues to progress in the EMEA region with consolidated revenue up 44% across all channels in the year to date (to the end of Q2 in June). It also said operating income increased “significantly” to €70.5m.