Category: Fashion

Armani, Dior Face Italian Antitrust Probe on Labour Practices

Italy’s Competition Authority has launched an investigation into Giorgio Armani SpA and LVMH-owned Christian Dior Italia over allegations of unfair labor practices. The investigation focuses on claims that the brands sourced supplies from labs employing workers at inadequate wages and making them work excessively long hours under poor conditions. These practices, if proven, would sharply […]

J&J Profit Beats Expectations as Forecast Cut on M&A Costs

Johnson & Johnson’s (J&J) second-quarter profit surpassed Wall Street’s projections, fueled by robust pharmaceutical sales. However, the company has lowered its full-year profit forecast due to recent acquisitions. Adjusted earnings for the quarter were $2.82 per share, exceeding analysts’ expectations by 11 cents. Although medical device revenue didn’t meet estimates, drug sales slightly outperformed predictions. […]

Sisley to Open First London Spa

Sisley will open a new spa in London’s renowned Mayfair area, known for luxury and elegance. The spa, Maison Sisley, will be on South Audley Street, near Mount Street, which hosts other high-end beauty brands like Creed and Dr. Barbara Sturm. Opening on July 19, the spa will offer treatments for face, body, and hair, […]

The Widening Gap Between Influencers and Creators

Daus Mendoza, a well-known influencer with over five million TikTok followers, initially shied away from the influencer tag, viewing it as “icky.” However, he has now begun to see value in the title. In the social media world, distinguishing between influencers and creators is becoming critical. While creators attract Gen-Z to platforms like TikTok and […]

Swiss Luxury Watch Market Succumbs to a Brutal China-Led Slump

Sales of Swiss-made luxury watches are in sharp decline as hesitant consumers reevaluate splurging on costly timepieces and demand drops in a crucial market. Recent figures from Richemont and Swatch Group AG highlight a severe downturn led by China, adversely affecting luxury fashion brands like Burberry, Hugo Boss, and Gucci. The double-digit decline in sales … Continue reading Swiss Luxury Watch Market Succumbs to a Brutal China-Led Slump

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