Chinese Firm’s Breakthrough EV Battery Hits 500 Wh/kg Energy Density, 483-Cycle Life A Chinese firm has achieved a breakthrough in lithium metal battery (LMB) technology through quantitative advancements that are set to revolutionize the electric vehicle (EV) industry. The company, which has been at the forefront of battery innovation for years, recently announced a remarkable […]
Can Jewellery Continue to Outshine Fashion?
Can Jewellery Continue to Outshine Fashion? In the realm of luxury goods, trends come and go with the swiftness of the wind. What was once considered a must-have item can quickly fall out of favor as consumer preferences shift and new contenders enter the arena. In recent years, we’ve witnessed a notable shift in the […]
Crypto-Luxury Brand 9dcc Is Shutting Down
Crypto-Luxury Brand 9dcc Is Shutting Down The world of luxury and cryptocurrency has collided in recent years, with brands like 9dcc paving the way for a new era of opulence and exclusivity. However, the once-promising brand has announced its decision to shut down, citing headwinds in web3 and softness in the luxury market. This announcement […]
Trump’s Tariffs Hit European Luxury Industry, Shares Tank
Trump’s Tariffs Hit European Luxury Industry, Shares Tank The recent announcement by President Trump recommending the imposition of 50 percent tariffs on all goods from the European Union starting June 1 has sent shockwaves through the European luxury industry. Stocks of renowned luxury groups such as LVMH and Hermès took a hit following the news, […]
Hyundai-Kia debut EV charging robot at Korea’s busiest airport with 3D camera tech, AI
Hyundai-Kia Introduces Cutting-Edge EV Charging Robot at Korea’s Busiest Airport Hyundai and Kia, two automotive giants known for their innovative approaches to technology and sustainability, are once again making headlines with their latest venture. The companies have unveiled a groundbreaking robotic system designed to revolutionize the electric vehicle (EV) charging experience. This new technology is […]
Can Swiss Watches Compete on Value?
Can Swiss Watches Compete on Value? Swiss watches have long been synonymous with luxury, precision, and craftsmanship. However, in recent years, the industry has faced challenges as the prices of Swiss timepieces have continued to rise. With consumers becoming more discerning and the market experiencing a downturn in luxury spending, Swiss watchmakers are finding themselves […]
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall The allure of the Chinese travel retail market has long been a beacon of hope for global beauty conglomerates like Estée Lauder Companies and L’Oréal. With the influx of Chinese tourists seeking luxury goods at duty-free shops, these companies positioned themselves to capitalize […]
BoF Masterclass | How Brands Build Genuine Communities
BoF Masterclass | How Brands Build Genuine Communities In the ever-evolving landscape of business and marketing, one thing remains constant: the power of community. Building a genuine and engaged community around a brand is not only a smart business move but also a way to create lasting relationships with customers. This concept is at the […]
Hailey Bieber’s Rhode to Launch in Sephora
Hailey Bieber’s Rhode to Launch in Sephora Hailey Bieber, the renowned model and entrepreneur, is set to make waves in the beauty industry with the launch of her skincare brand, Rhode, in Sephora stores across the US and Canada this autumn. The brand has already gained a strong following for its cult-favorite products, including the […]
The End of the Lipstick Index
The End of the Lipstick Index The beauty industry, long hailed for its resilience in the face of economic uncertainty, is now facing a new reality – the end of the lipstick index. For years, the lipstick index, coined during the recession of the early 2000s, referred to the phenomenon where sales of cosmetics, particularly […]