While it is considering a dual listing on the Paris Bourse, American beauty group Coty is reporting sales of $5.55 billion for its 2022/23 financial year, up 12% on a like-for-like basis.

​Luxury department store Harrods has released its results for the year to the end of January 2023 with the figures highlighting its bounce-back post-pandemic. 

Heady scents fill the air as skilled pickers in India pluck white jasmine before the still fresh buds are rushed for processing into a valuable ingredient for global perfumes.

Designer Peter Do is launching a Banana Republic collab with a capsule collection that will drop in selected stores and online  in October. It feeds into the quiet luxury trend and is available with only unisex sizing. 

A too-little, too-late approach helps explain why Lauder execs have cut their annual outlook in the last three quarters. It's grappling with sluggish sales in Asia, supply-chain missteps and product miscues.

​Coach parent Tapestry, which agreed to buy Capri Holdings last week, forecast fiscal 2024 profit and sales below estimates on Thursday after waning U.S. demand for its luxury handbags hurt fourth-quarter results.

​Manju Malhotra, CEO of Harvey Nichols, has quit the role she’s held for just over three years with Pearson Poon, son of the retailer’s majority owner Sir Dickson Poon, to become vice-chairman until a new CEO is found.

China has lifted a ban on group tours to a slew of countries including the US, UK, Australia, South Korea and Japan, in a big test of demand for overseas travel from what was once the world’s biggest source of tourists

​Rumours that Farfetch will exit its beauty business appear to be correct with reports that it will be shut down as soon as 31 August.

Michael Kors owner Capri will be bought by Coach parent Tapestry in an $8.5bn deal, the companies have said, creating a top US fashion house that can better compete with larger European rivals in global luxury.

CVC Capital Partners is exploring a potential stock market listing of German perfume and cosmetics retailer Douglas, people familiar with the matter told Reuters.

L'Occitane International's controlling shareholder is in advanced talks on a potential deal to take the skincare company private ahead of a possible European listing, two people with direct knowledge of the matter said.

Duty-free retailer Dufry lifted its full-year profitability target after posting forecast-beating results for the first half thanks to a post-pandemic global travel boom

German fashion house Hugo Boss on 2 August raised its full-year outlook after reporting a double-digit jump in second-quarter sales, driven by market share gains thanks to its recent brand revamp and marketing push.

Already active in fragrance, the Italian label Prada is launching a range of make-up and skincare products on Tuesday August 1 via its online site.

​Harvey Nichols has published its results for the year to April 2022 with the company remaining loss-making, but its overall performance clearly improving.