Luxury Brands Turn On the Charm in China to Kindle Spending Recovery In the realm of luxury brands, China has long been a coveted market, with its burgeoning middle class and appetite for high-end goods. However, the landscape is shifting as companies are now turning their attention from rapid expansion to deeper engagement with wealthy […]
Why Luxury Needs to Rethink How It Speaks to Gen-Z
Why Luxury Needs to Rethink How It Speaks to Gen-Z Luxury brands have long held a prestigious place in the market, catering to an audience that values quality, exclusivity, and status. However, as the landscape of consumer behavior continues to shift, many high-end brands are finding themselves facing a new challenge: connecting with Generation Z. […]
Trump’s Impact on Fashion Takes Shape
Trump’s Impact on Fashion Takes Shape The recent actions and statements made by US President-elect Donald Trump have sent shockwaves across various industries, including fashion. With a focus on trade policies, diversity, and consumer sentiment, Trump’s impact on the fashion world is beginning to take shape. One of the key areas where Trump’s influence is […]
Amazon Prime Day Sales Plunge 41% in First Day of Four-Day Event
Amazon Prime Day Sales Plunge 41% in First Day of Four-Day Event Amazon Prime Day, the highly anticipated annual event known for its massive sales and deals, kicked off to a surprising start this year. The e-commerce giant saw a significant 41% plunge in sales during the first day of the four-day event, leaving both […]
AI Shopping Is Here. Will Retailers Get Left Behind?
AI Shopping Is Here. Will Retailers Get Left Behind? Artificial Intelligence (AI) has revolutionized the way we shop. With the rise of AI-powered tools and technologies, shopping has become more personalized, efficient, and convenient. From virtual assistants to recommendation systems, AI is reshaping the retail industry. However, as AI continues to advance, retailers are facing […]
This Week: Fashion’s Back-to-School Dilemma
This Week: Fashion’s Back-to-School Dilemma As the summer draws to a close, retailers are gearing up for the back-to-school season, a crucial time for the fashion industry. With an estimated $11 billion at stake, this period can make or break the yearly revenue for many brands and stores. However, this year presents a unique challenge […]
How Prestige Beauty Customers Define Value Today
How Prestige Beauty Customers Define Value Today The landscape of the prestige beauty industry is constantly evolving, driven by the ever-changing expectations and preferences of consumers. At The Business of Beauty Global Forum 2025, Mary Carmen Gasco-Buisson, the CEO of Unilever Prestige, shed light on how customers are redefining the concept of value in the […]
China’s Extended 618 Shopping Festival Fails to Stir Excitement
China’s Extended 618 Shopping Festival Fails to Stir Excitement China’s annual 618 Shopping Festival is a much-anticipated event in the world of e-commerce, with major players like JD.com and Alibaba’s Tmall offering huge discounts and promotions to attract consumers. However, this year’s extended festival seems to have failed in generating the usual level of excitement […]
How ‘Revenge Travel’ Will Impact Luxury Sales
The Impact of ‘Revenge Travel’ on Luxury Sales As border re-openings and the repatriation of spending take center stage, the landscape of luxury sales is set to undergo a significant transformation, especially in the realm of Chinese consumer behavior. The phenomenon of ‘Revenge Travel’ is expected to play a pivotal role in shaping the patterns […]
Is Homemade Shampoo A Recession Indicator?
Is Homemade Shampoo A Recession Indicator? In recent times, a peculiar trend has been sweeping across social media platforms, particularly TikTok. DIY haircare recipes featuring ingredients like red onions and stovetop rice water have been gaining immense popularity, sparking discussions about whether these trends are merely fads or indicative of a more profound societal shift. […]