Missouri Attorney General Andrew Bailey has launched an investigation into Google, alleging that the tech giant engages in censorship of conservative perspectives. This announcement comes amidst heightened tensions in the political landscape as the nation approaches what Bailey deems “the most consequential election in our nation’s history.” His comments were made public through a social […]
Jane Lauder’s announcement to leave her position as Chief Digital Officer and Executive Vice President of Enterprise Marketing at Estée Lauder Companies marks a significant turning point for the iconic beauty brand. As the granddaughter of founder Estée Lauder, her departure at the end of this year signals not just a personal change, but a […]
In a significant development in the tech and media landscape, Meta Platforms has partnered with Reuters to enhance its AI chatbot capabilities with real-time news reporting. This collaboration signals Meta’s renewed commitment to licensed news distribution, following a period of scaling back such content due to prior controversies regarding misinformation and revenue sharing. The deal, […]
In October 2022, Adidas faced one of its gravest challenges when it abruptly cut ties with its Yeezy sneaker partnership. This collaboration with Ye—once known as Kanye West—had the potential to account for approximately 8 percent of Adidas’ sales, representing a significant income driver for the brand. The decision to terminate this lucrative partnership arose […]
In today’s competitive retail landscape, understanding and capitalizing on shopping events known as “Deal Days” can be a game changer for brands aiming to thrive in e-commerce. In 2024, during Amazon’s 48-hour Prime Day sale, US shoppers spent over $14 billion online—a staggering increase of 11 percent from the previous year. This trend highlights the […]
The current retail earnings season has been challenging, with iconic brands such as Nike and Kering, the owner of Gucci, announcing significant declines in sales. However, the upcoming reports from a selection of companies may signal a shift in this bleak narrative. Among those poised to report are Adidas, Prada Group, Moncler, Kontoor Brands, and […]
In a landscape where creativity often clashes with business realities, Robert Geller’s journey through the fashion industry presents a compelling narrative. From his beginnings in Hamburg with a photographer father and vintage boutique-owning stepmother to his current position as the creative director at Rag & Bone, Geller’s career showcases the dynamic interplay between artistic passion […]
In a significant and unexpected ruling, a federal judge has halted the $8.5 billion merger between Tapestry, the parent company of Coach, and Capri Holdings, which owns Michael Kors. This decision, delivered by Judge Jennifer Rochon in the Southern District of New York, represents a critical setback for the American fashion industry, which has long […]
In a vigorous defense against claims from Frasers Group, Boohoo, the UK-based online fashion retailer, has labeled the criticisms from its largest shareholder as “inaccurate and unfair.” This response comes amidst Frasers Group’s push to install its founder, Mike Ashley, as the new chief executive, following the announcement of current CEO John Lyttle’s departure. The […]
The luxury market is experiencing a significant downturn, as evidenced by the staggering $58 billion lost in the fortunes of France’s elite billionaires this year. Notably, this group includes some of the industry’s heavyweights such as Bernard Arnault, Francoise Bettencourt Meyers, and Francois Pinault. The primary driver behind this decline is a noticeable drop in […]
