Now an icon of the fragrance world, the geometric bottle of Chanel's legendary N°5 perfume lands in red for the first time this holiday, slipping into a color used widely in the French fashion house's repertoire.
Fragrance and flavour maker Givaudan reported an 9.8 percent hike in sales during the third quarter of 2018 on Tuesday, slightly better than analysts had expected, led by strong performance in its fragrances division.
In a surprise move on Friday, Anglo-Dutch consumer products giant Unilever said it has cancelled plans to move from its current dual-headquartered structure to a Dutch head office and Dutch main stock exchange listing.
Harrods is clearly not suffering from the cloud hanging over many of its sector peers further down the price chain and like luxury rivals Selfridges and Harvey Nichols, luxury and tourist spending has sent profits up.
Sephora has selected Hyderabad and Kolkata and several northern cities as the next locations it will open stores in as the beauty business aims to foster double digit growth with a focus on private labels.
Grocery startups BigBasket and Grofers are reported to be subject to a possible merger as the businesses’ respective investors look to team up to combat the threat from the Walmart-owned e-commerce giant, Flipkart.