Tag: affluent consumer trends

How Ulta Beauty Is Finding Growth in a Slowdown

Ulta Beauty’s Strategic Turnaround: Navigating a Beauty Slowdown Ulta Beauty, a powerhouse in the beauty retail industry, has been making waves with its strategic turnaround plan dubbed “Ulta Beauty Unleashed.” This initiative comes at a critical time when the beauty sector faced a significant slowdown in the first half of the year. Despite the challenging […]

Forever 21 Looks to Resurrect China, North America Businesses With New Partners

Forever 21 Looks to Resurrect China, North America Businesses With New Partners Forever 21, the fast-fashion giant, is gearing up for a major comeback as it sets its sights on re-entering the lucrative Chinese market for the fourth time. This ambitious move comes as the brand strives to localize its operations and capture the attention […]

UK Luggage Brand Antler Acquires Paravel in Liquidation Sale

UK Luggage Brand Antler Acquires Paravel in Liquidation Sale In a strategic move to fortify its position in the competitive luggage market, UK-based brand Antler has made waves by acquiring Paravel in a liquidation sale. As a company under the umbrella of Strandbags, this acquisition marks a significant step towards expanding Antler’s global portfolio and […]

TJ Maxx Parent Tops Expectations as Bargain Goods Still Sell

TJ Maxx Parent Tops Expectations as Bargain Goods Still Sell TJX Companies, the parent company of retail giants like TJ Maxx, Marshalls, and HomeGoods, has been making waves in the retail industry by surpassing expectations even in the face of economic uncertainty. One of the key strategies that have propelled TJX to success is its […]

Inside Jacob & Co.’s Strategy to Disrupt Luxury Watchmaking

Inside Jacob & Co.’s Strategy to Disrupt Luxury Watchmaking In an era where consumer preferences in the luxury watch sector are constantly evolving and the market is facing a contraction, brands are compelled to explore innovative strategies to maintain their relevance and drive growth. One such brand that has been making waves in the industry […]

Zegna Posts 2.6% Revenue Drop

Zegna Posts 2.6% Revenue Drop Italian luxury fashion house Ermenegildo Zegna Group recently reported a 2.6% decrease in revenue, citing challenges in its wholesale channel and specific brands like Thom Browne, along with a softening in the Chinese market. While the luxury sector has been facing uncertainties and shifts in consumer behavior, these factors have […]

Kering Shares Rise as Market Looks Ahead

Kering Shares Rise as Market Looks Ahead Investors in Kering, the renowned luxury goods company, have recently demonstrated optimism as the market shifts its focus towards the future under the leadership of new CEO Luca De Meo. Despite facing another weak quarter, shareholders are choosing to look past the current challenges and instead concentrate on […]

The Rise of ‘Ugly-Cute’ Labubu Dolls, in Four Charts

The Rise of ‘Ugly-Cute’ Labubu Dolls, in Four Charts In the realm of collectible toys, a new trend has emerged that is capturing the hearts of enthusiasts worldwide. The phenomenon of ‘ugly-cute’ Labubu dolls, produced by the Chinese company Pop Mart, has taken the market by storm, offering a unique blend of whimsy and charm […]

Sleepwear Is Having Its Athleisure Moment

Sleepwear Is Having Its Athleisure Moment In recent years, the fashion industry has witnessed a significant shift in the way we perceive sleepwear. What was once reserved for the privacy of our homes is now making its way into the public eye as sleepwear and apparel labels embrace a more fashion-forward approach. Pyjamas, once confined […]

How Tomorrow’s Beauty Consumer Will Shop

The Future of Beauty Shopping: Adapting to Changing Consumer Trends In the ever-evolving landscape of the beauty industry, one thing remains constant: change. Macro dynamics, wealth patterns, and migration are playing pivotal roles in reshaping beauty shoppers globally. According to The State of Fashion: Beauty Volume 2 report, companies in the beauty sector must proactively […]

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