Capri Holdings, the parent company of renowned fashion brands such as Michael Kors and Versace, is set to make a strategic shift in its business approach. Following the sale of Versace to Prada, Capri Holdings is now focusing on revitalizing Michael Kors by targeting mid-tier pricing and embracing e-commerce through a partnership with Amazon. This […]
Struggling Puma Names Former Adidas Sales Chief as CEO
From Struggle to Success: Puma Appoints Former Adidas Sales Chief as CEO In the fast-paced world of sportswear, competition is fierce, and staying ahead of the game requires strategic leadership and innovative thinking. Recently, Puma, a well-known player in the industry, made a bold move by announcing the appointment of Arthur Hoeld, the former Adidas […]
L’Oréal Bets on Longevity Biotech Company Timeline
L’Oréal Bets on Longevity Biotech Company Timeline L’Oréal, the renowned beauty and cosmetics giant, has set its sights on the promising field of longevity biotechnology with its recent investment in Timeline, a company that has been making waves since its establishment in 2007. Timeline has carved a niche for itself by concentrating on the intricate […]
PepsiCo to Acquire Prebiotic Soda Brand Poppi for $1.95 Billion
PepsiCo to Acquire Prebiotic Soda Brand Poppi for $1.95 Billion In a strategic move to stay ahead in the ever-changing beverage industry, PepsiCo has announced its acquisition of the prebiotic soda brand Poppi for a whopping $1.95 billion. This bold step is aimed at solidifying PepsiCo’s position in the market and enhancing its competitiveness against […]
Tapping Consumer Trends and Cultural Opportunities in Dubai
Tapping Consumer Trends and Cultural Opportunities in Dubai In the ever-changing landscape of consumer behavior and cultural preferences, Dubai stands out as a melting pot of diversity and opportunity. With its unique blend of tradition and modernity, the city presents a wealth of possibilities for brands looking to make an impact in the Middle East […]
The Debrief | Fashion’s M&A Market is Heating Up
The Debrief: Fashion’s M&A Market is Heating Up As we step into 2025, the fashion industry is witnessing a significant surge in mergers and acquisitions (M&A). The landscape of fashion is constantly evolving, and with this evolution comes a wave of consolidation and strategic partnerships. The Debrief unpacks the forces driving these new deals, explores […]
Why Dior Needs a Change
Why Dior Needs a Change The fashion industry is no stranger to change, with designers often coming and going, leaving their mark on iconic brands. Recently, the news of Kim Jones exiting Dior, followed by speculations of Maria Grazia Chiuri potentially following suit, has stirred up conversations about the future of the renowned fashion house. […]
This Week: Luxury’s Reality Check
Luxury’s Reality Check: LVMH Fourth-Quarter Results Awaited with Bated Breath Luxury conglomerate LVMH, home to prestigious brands like Louis Vuitton, Dior, and Moët & Chandon, is set to release its fourth-quarter results. The stakes are high as industry insiders eagerly anticipate whether the report will confirm signs of a rebound in the luxury sector or […]
Burberry Soars After Demand Pickup Lifts Hope of Luxury Comeback
Burberry Soars After Demand Pickup Lifts Hope of Luxury Comeback Burberry, the iconic luxury brand, has recently experienced a surge in its performance, sparking hope for a revival in the luxury retail sector. Despite the challenges posed by the global pandemic, Burberry managed to weather the storm with resilience, reporting a smaller-than-expected quarterly sales drop […]
Will Global Retail Giants’ Big Bet on American Consumers Pay Off?
The Rise of Global Retail Giants in the American Market: A Risky Bet or a Lucrative Opportunity? As the retail landscape continues to evolve rapidly, major players like Zara, Uniqlo, Mango, and Primark are making bold moves by expanding their presence in the United States. With plans to open hundreds of stores across the country […]