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Shares in the world’s largest luxury group LVMH fell on Wednesday after its second-quarter sales came in below analyst consensus on Tuesday.
LVMH shares were last down by 3.86% at 2:02 p.m. London time. Other luxury sector stocks, including Gucci-owner Kering which is set to report earnings on Wednesday, also retreated.
— Read more in World’s largest luxury group LVMH slumps 4% after second-quarter revenue miss at CNBC.
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Perfumer Fabrice Pellegrin talks about Sogno in Rosso, from the new Valentino Anatomy of Dreams collection.
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Department stores are at a transition point. After years of ups and downs in retail post-Covid, these retail giants are contending with how to succeed in the new normal. Macy’s is no exception. When Tony Spring assumed the role of CEO of Macy’s, Inc. in February, he announced that Macy’s would pursue luxury as a main pillar moving forward. And fragrance, along with beauty more broadly, is a particularly useful sector to court luxury consumers at a large scale.
— Read more in With department stores in transition, Macy’s puts the focus on fragrance at Glossy.
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A spot for Marc Jacobs Daisy Wild.
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In previous studies, we already showed that the rapid perception of faces, which are highly relevant visual inputs for infants, is shaped by another highly salient sensory signal for them, the mother’s body odor.
To do that, we relied on electroencephalography (EEG) and measured a face-selective neural response that is enhanced by the presence of the mother’s odor in the 4-month-old brain.
— Read more in Infants Use Mom’s Scent to Recognize Faces at Neuroscience News.