No one loves creating a clever and classy new brand more than the French, and a fresh marque that seems destined to attract attention is Monravel.
French duo Constance and Marguerite Monravel – Monravel
Created by a French duo named Constance and Marguerite Monravel, this novel brand is all about the olfactive universe of plants and how scents can evoke memories and emotions to holistically make us all feel better.
If that sounds far-fetched, then you haven’t smelled one of Monravel’s six scents which debut commercially this weekend on the ground floor of Paris’ toniest department store, Au Bon Marché.
Their first inspirations have been crafted into six all-black glass candles with names like Citrus Maxima, which riffs on the lush Mediterranean gardens at Cap Martin; or Ode au Cyprès, which evokes sun drenched Etruscan cypress gardens.
Each carries a tag line that reads: “Parfums et Remèdes” meaning perfumes and remedies, suggesting the healing power of nature.
Monravel describes its products as “Parfums et Remèdes” – Monravel
Turns out that the family have deep roots in that area, seeing as a venerable relative, Louis de Monravel, was a famous 19th century botanist. Copies of his original manuscripts with gently pressed and preserved leaves, sit proudly beside a display of the candles in their 6th arrondissement apartment: a home that dates from before Louis XIV.
“We want to build a fragrance house inspired by the power of nature, and rooted in my ancestor’s botanical heritage,” explains Constance, a graduate of Bocconi and Harvard University, with a long career in international hospitality.
Marguerite, a pharmacist who enjoys cultivating her own garden in Brittany, adds: “From my botanical journeys and study of herbal medicines and botany I am convinced plants have a certain restorative power.”
Each candle- with other names like Sancta Myrrha, formulated from myrrh to sooth the nerves, and Eclat du Kerla, which plays on the harmony of Ayurvedic rituals- is priced at €95, including a glass top.
The initial offering also includes a very unusual white chalk-rock set, with both stone and scent, costing €70. The gradual use of weeks of scent imparts a hyper lasting fragrance into the rock.
The next step in their plan is to create a fully-fledged perfume for the body. For now, as of October 15 one can buy a Monravel candle online or pick one up this weekend at Au Bon Marché.
When it comes to luxury, the French never stop coming up with smart ideas.
The Italian competition authority said on Tuesday it had opened two investigations into Swiss watchmaker Swatch and Japan’s Citizen Watch.
Reuters
The probes involve an alleged infringement of European rules on the fixing of retail prices displayed online by the groups’ authorised distributors.
The two companies may be limiting price competition among their retailers through a vertical agreement, by imposing retail prices on their distributors and adopting “retaliatory commercial measures” against those that fail to comply, the antitrust authority said in a statement.
The agency’s officials carried out inspections at the Italian offices of Swatch and Citizen on December 3.
Swatch and Citizen did not immediately respond to a request for comment.
British retail tycoon Mike Ashley has pledged around 670 million pounds ($890.6 million) worth of shares in his sportswear and fashion retailer Frasers Group Plc as collateral for a loan from HSBC, according to filing on Tuesday.
Reuters
Ashley’s holding company, MASH Beta Limited, which holds the majority of Frasers’ issued share capital, pledged about 103.6 million ordinary shares.
Frasers’ shares were down about 1.3% at 646.5 pence as of Tuesday’s last close.
This move comes after the company’s heavy investments in newer geographies and taking or increasing shareholding in recent months across companies, from fashion groups to electrical retailers. Mike Ashley holds roughly a 73% stake in Frasers, according to data compiled by LSEG.
The company whose portfolio includes Sports Direct, House of Fraser and Flannels, reaffirmed its full-year profit forecast earlier this month.
G-III Apparel on Tuesday raised its full-year earnings forecast on the back of better-than-expected earnings in the third quarter, which also saw the U.S. firm’s sales drop 9% to $988.6 million.
Courtesy
The New York-based firm logged earnings of $80.6 million, or $1.84 per diluted share during the three months ending October 31, compared to $114.8 million, or $2.55 per diluted share, in the prior year’s third quarter.
While profits were lower than the same period last year, the owner of Karl Lagerfeld, Sonia Rykiel, and DKNY brands, “delivered a strong third quarter with gross margins and earnings far exceeding our expectations,” according to said Morris Goldfarb, G-III’s chairman and chief executive officer.
“This was driven by the strength of our go-forward portfolio, particularly our owned brands, as well as a healthy mix of full-price sales and our mitigation efforts against tariffs. I am pleased with how our brands are resonating with consumers and encouraged by the solid demand we have seen throughout the holiday season to date,” continued Goldfarb, who said his company is raising its fiscal 2026 earnings guidance to “reflect our third quarter outperformance tempered by the uncertainties around the consumer environment and tariff-related margin pressures.”
In June, G-III Apparel filed a $250-million lawsuit against PVH Corp., escalating tensions between the two fashion giants with allegations of breached licensing agreements and interference in business relationships. The complaint, filed in New York state court, targets PVH and its Calvin Klein Inc. and Tommy Hilfiger licensing divisions.