On Tuesday, Swiss group Givaudan, the world's leading fragrance and aroma manufacturer, reported a sales rise in the first nine months of the year, driven by fine perfumery and a renewed impetus in the catering sector.
A capital markets day is meant to boost a share price as the company concerned talks major investors through its strategy. But in the case of The Hut Group (THG) this week, it had the exact opposite effect.
Dutch fashion brand Scotch & Soda on Monday announced an “acceleration of its growth strategy”. This includes the opening of 15 new physical stores and seven new concessions by year-end around the world.
The Hut Group shares continued to fall on Tuesday morning after a period of decline that had already seen the firm losing a quarter of its market value in just two weeks by Monday’s stock exchange closing bell.
Capri Holdings announced on Thursday that Versace has extended its license agreement with EuroItalia, the Italy-based global fragrance and cosmetics company, as well as entered into a new agreement with Michael Kors.
G-III, the parent company of the Donna Karan and DKNY brands, has announced that it has entered into a long-term licensing agreement with international perfume group Interparfums concerning the two labels’ fragrances.