Coty Inc., the parent company of the renowned CoverGirl brand, recently announced a lower-than-expected first-quarter sales growth forecast, attributing the decline to tightening retail inventory management and weakened consumer spending. This revelation has triggered a notable dip in the company’s shares, falling by 6% in after-market trading, illustrating the ripple effect that corporate forecasts can […]
The landscape of digital infrastructure in the United Kingdom is undergoing a seismic shift, as demonstrated during today’s International Investment Summit. Major US firms including CyrusOne, ServiceNow, Cloud HQ, and CoreWeave have committed substantial investments to establish new data centres across the UK. This monumental decision marks a significant escalation of total investments in UK […]
In a groundbreaking move signaling a new era of corporate energy sourcing, Google has officially entered into a partnership with Kairos Power to employ small modular nuclear reactors (SMRs) as a solution to meet its increasing energy demands driven by artificial intelligence operations. This deal marks the first of its kind for a major corporation […]
For centuries, Africa has served as an inspiration for the world’s most renowned beauty brands, from Byredo’s Bal d’Afrique to Diptyque’s use of Madagascan vanilla. Despite this historical significance in the perfumery landscape, homegrown African fragrance brands are now making assertive strides to carve out their space within this cultural tapestry. Brands like Senegal’s Réserve […]
The retail landscape in downtown Manhattan is witnessing an exciting evolution, particularly within the menswear and streetwear sectors. Emerging brands are increasingly opting for brick-and-mortar stores, capitalizing on shifting consumer preferences toward in-person shopping experiences. This trend comes at a time when traditional digital marketing strategies have become less effective. Take, for instance, the story […]
Joseph Altuzarra is marking a significant milestone in the evolution of his eponymous womenswear label, as the brand secures a minority investment from new venture capital fund P180. This partnership, designed to fortify Altuzarra’s direct-to-consumer strategy, sets the stage for ambitious growth in today’s competitive luxury market. Founded sixteen years ago, Altuzarra has been relatively […]
The beauty landscape is witnessing a significant shift as brands associated with the minimalist “clean-girl” aesthetic make their mark on the Middle East market, particularly in Dubai. Beauty brands such as Saie, Kosas, Ilia, and Glossier are taking bold steps by launching in Sephora Middle East this fall, targeting a region traditionally known for a […]
In recent discussions surrounding the financial future of London’s stock market, UK Prime Minister Keir Starmer has made it clear that any companies seeking to list on these markets will undergo rigorous scrutiny, especially concerning workers’ rights. This announcement comes amid growing inquiries about the ethical practices of various corporations, notably the online fashion giant […]
Investors in the French luxury group LVMH are tuning in closely to the latest economic developments in China, particularly the country’s new fiscal stimulus measures. There’s a palpable hope that these efforts might rejuvenate a once-vibrant consumer base that has cooled significantly in recent months. As one of the largest shopping events—Singles Day—approaches, the stakes […]
The luxury fashion market finds itself at a significant crossroads, grappling with economic challenges that threaten its previously unassailable growth. The sector, which once thrived on a blend of exclusivity and constant innovation, now faces mounting headwinds, including soaring prices, shifting consumer behaviors, and a notable lack of fresh designs. With insights from major industry […]
