World’s Largest EV Maker BYD Showcases Ultra Stability with Kung Fu Test on 1,300 HP Car’s Roof BYD’s premium Yangwang brand is expanding its lineup with the launch of the high-performance U7. This move highlights the company’s commitment to innovation and excellence in the electric vehicle (EV) market. The recent demonstration of the U7’s durability […]
Italian Luxury Supplier Plans Creditor Talks As Demand Slows
Italian Luxury Supplier Plans Creditor Talks As Demand Slows Altofare Group, the umbrella organization that manages a consortium of Italian luxury suppliers, is currently facing a challenging period as demand for high-end products slows down globally. In response to this economic downturn, the group has taken a proactive step by enlisting the services of tax […]
Supergoop’s Founder to Exit the Brand
Supergoop’s Founder, Holly Thaggard, to Exit the Brand Supergoop, the renowned US-based suncare label, is set to undergo a significant transition as Holly Thaggard, its esteemed founder, prepares to depart from her current role. Thaggard, who established the brand in 2005 with a vision to revolutionize sun protection products, will be stepping down to assume […]
Glossier Needs More Than ‘You’ to Grow
Glossier Needs More Than ‘You’ to Grow Glossier, the 11-year-old beauty brand that has taken the industry by storm, is no stranger to success. With its latest addition of the fragrance Fleur to its already impressive lineup, Glossier continues to solidify its position as a frontrunner in the beauty market. However, as the brand looks […]
LVMH Seeks to Clear Way for Bernard Arnault to Stay at the Helm Until 85
LVMH Seeks to Clear Way for Bernard Arnault to Stay at the Helm Until 85 LVMH, the French multinational luxury goods conglomerate, is gearing up for a crucial vote on April 17th. The company’s shareholders will convene to decide on a proposal that could have a profound impact on the future leadership of the organization. […]
Indēwild Secures $5 Million, Plans Sephora US Launch
IndÄ“wild Secures $5 Million, Plans Sephora US Launch IndÄ“wild, the Indian skin and hair care brand, is making waves in the beauty industry with its recent achievement of securing $5 million in a seed extension round. This funding, led by Unilever Ventures, marks a significant milestone for the company and sets the stage for its […]
Worldview: Would Western Brands Return to Post-Sanctions Russia?
Worldview: Would Western Brands Return to Post-Sanctions Russia? With the recent news of luxury brands making strategic moves in various global markets, the question arises: Would Western brands consider returning to post-sanctions Russia? The geopolitical landscape has seen its fair share of shifts in recent years, with sanctions impacting various industries, including fashion and retail. […]
Are Indian Tourists Luxury’s Next Big Opportunity?
Are Indian Tourists Luxury’s Next Big Opportunity? In recent years, there has been a noticeable shift in the travel patterns of Indian tourists. More and more Indians are choosing to travel to international destinations with a specific focus on shopping for luxury goods. This trend presents a significant opportunity for luxury brands around the world. […]
Luxury Slump Hits Shop Openings Across Europe’s Toniest Streets
Luxury Slump Hits Shop Openings Across Europe’s Toniest Streets In the realm of high fashion, the allure of luxurious storefronts along Europe’s most exclusive streets has long been a symbol of prestige and opulence. However, a notable shift has been observed in the retail landscape, signaling a significant change in the industry’s trajectory. Fashion’s biggest […]
Zara, Kiehl’s, Jacquemus: Why Skiing Is Bigger Than Ever for Brands
Zara, Kiehl’s, Jacquemus: Why Skiing Is Bigger Than Ever for Brands Skiing, once a niche sport enjoyed by a select few, has now transcended its traditional boundaries to become a mainstream phenomenon. The allure of the snow-capped mountains, the adrenaline rush of gliding down the slopes, and the cozy après-ski culture have all contributed to […]