Innovative Solutions for Sustainable Travel: The Impact of the Transport Research and Innovation Grant

In an age where environmental sustainability is pivotal, the UK government has introduced compelling funding opportunities through the Transport Research and Innovation Grant (TRIG) programme. This initiative aims to propel innovative ideas that contribute to cleaner, more efficient travel networks. Organisations and academic institutions have the chance to secure up to £45,000 each to develop […]

Astier de Villatte Sells Majority Stake to Vesper

Astier de Villatte, the renowned Paris-based lifestyle brand, has taken a significant step in its growth journey by selling a majority stake to Vesper, a private equity firm. Founders Ivan Pericoli and Benoît Astier de Villatte will maintain a notable stake and remain at the helm of the brand’s creative direction. The financial details of […]

Dior Names Bollywood Star Sonam Kapoor New Ambassador

In a strategic move that highlights the burgeoning potential of the Indian luxury market, Christian Dior Couture has appointed Bollywood icon Sonam Kapoor as the latest ambassador for its womenswear, designed by Maria Grazia Chiuri. This collaboration marks a significant step for Dior as luxury brands increasingly recognize India’s growing consumer base, expected to spend […]

How Brands Survive the Election Ad Blitz

As the 2024 U.S. presidential election approaches, brands face a dual challenge of navigating a saturated advertising environment while also gearing up for one of the busiest shopping seasons of the year. With candidates like Kamala Harris and Donald Trump projected to saturate social media and digital platforms with campaign ads, companies must act swiftly […]

Unlocking Commercial Opportunities with Digital Product Passports

In recent discussions fueled by shifts in consumer behaviors and evolving regulatory landscapes, digital product passports (DPPs) are ascending from niche technology to a mainstream strategic necessity. This transformation reflects the urgency for brands to safeguard authenticity amid rising counterfeit concerns and regulatory requirements. A digital product passport serves as a comprehensive digital record that […]

Gatemore Seeks Watches of Switzerland Buyback, US Listing

In a strategic move that could reshape the landscape of luxury watch retailing, Gatemore Capital Management has acquired a significant stake in Watches of Switzerland Group Plc. This investment is accompanied by a strong recommendation for the company to initiate an aggressive share buyback program valued between £25 million ($32 million) and £50 million and […]

Amazon Sets Ultra-Low Pricing Plans for Temu Rival Store, The Information Reports

Amazon is taking a bold step to fortify its competitive stance in the e-commerce landscape, particularly against emerging discount rival platforms like Temu and Shein. The company is reportedly ready to launch a new low-cost storefront with severe price restrictions on products, which aims to attract budget-conscious consumers seeking affordable options online. According to a […]

The Debrief | How Dupe Culture is Challenging Traditional Luxury

In today’s market, a notable shift is underway—a growing number of direct-to-consumer brands are emerging as fierce competitors to traditional luxury brands. These so-called “dupe” brands are capitalizing on a crucial consumer sentiment: the feeling of being priced out of luxury goods. As luxury brands cater to the ultra-wealthy and fast fashion dominates the low-end […]

L’Oréal Third Quarter Sales Miss Expectations as China Buys Less

In the latest financial report, French cosmetics behemoth L’Oréal has revealed a modest increase in its third-quarter sales, marking a 3.4% rise to 10.28 billion euros ($11.11 billion). Despite this apparent growth, the results fell short of analysts’ expectations, highlighting persistent challenges in the North Asian market, particularly in China. The company’s sales growth underperformed […]

Zegna Group’s Third Quarter Sales Fall 7 Percent

The Italian luxury menswear group Zegna has reported a 7 percent decline in total sales for the third quarter of 2024, raising concerns about the future of the luxury market. Total revenue for the quarter hit €397 million ($429.8 million), a significant downturn attributed largely to the plummeting demand for luxury goods in key global […]

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