Trump Eases Auto Tariffs Amid Industry Concerns In a move that has been welcomed by major players in the automotive industry, President Trump recently announced a rollback of auto tariffs. Ford, GM, and Stellantis have all expressed their approval of this decision, seeing it as a positive step forward. However, despite this progress, there are […]
Ford claims lithium-manganese EV battery will unlock greater ranges at low costs
Ford Claims Lithium-Manganese EV Battery Will Unlock Greater Ranges at Low Costs A Michigan-based automobile giant has achieved a breakthrough in electric vehicle battery technology. The achievement comes in the form of a cutting-edge lithium-manganese battery that promises to revolutionize the EV industry. Ford, a name synonymous with innovation in the automotive sector, has once […]
US: Quantum computer solves real-world problem for automobile giant Ford
US: Quantum Computer Solves Real-World Problem for Automobile Giant Ford Palo Alto, California-based D-Wave Quantum Inc. claims to be the first company that sells computers utilizing quantum annealing, a method that falls under the umbrella of quantum computing. Recently, D-Wave made headlines by partnering with the automobile giant Ford to solve a real-world problem using […]
The Fashion-iest Place on Earth?
In the picturesque setting of Disneyland Paris, a notable event took place that cemented fashion’s entwined relationship with entertainment. On the last night of fashion month, the French brand Coperni hosted an extravagant runway show that exuberantly captured the essence of both worlds, introducing an entirely new narrative to the luxury fashion sector. This event […]
Mulberry Wants to Go It Alone, Rejects Frasers Takeover Bid
Mulberry Group Plc has recently declined a takeover offer from Mike Ashley’s Frasers Group Plc, highlighting its ambition to remain independent and confirming its faith in newly appointed CEO Andrea Baldo to rejuvenate the British handbag brand. This decision marks a pivotal moment not just for Mulberry but for the broader landscape of the luxury […]
Francesca Bellettini’s Plan For Kering
In the world of luxury fashion, few names echo with as much influence and promise as Francesca Bellettini. Recently appointed as Kering’s deputy CEO for brand development, her mission is not merely to steer one iconic brand but to rejuvenate a constellation of high-end labels, including the flagging Gucci. Bellettini’s track record at Saint Laurent, […]
Tod’s Group Appoints John Galantic CEO
In a significant leadership shift, Tod’s Group, the iconic Italian luxury fashion house, has announced the appointment of John Galantic as its new CEO. This decision signifies a strategic move aimed at revitalizing the brand and steering it through challenging market conditions. Galantic, who previously served as President and COO at Chanel, steps into the […]
Luxury’s Soft Patch Will Be Short
Luxury sales are currently facing a challenging environment, leading some observers to wonder if the sector’s price-value equation is faltering. However, the reality is more nuanced. The perceived decline in luxury sales is often mistaken for a structural failure of the sector; instead, it primarily stems from macroeconomic fluctuations. Over the past 25 years, I […]
What Does Pressure Look Like in Milan?
As Milan Fashion Week unfolds, the pressures on designers become palpably evident, particularly for Sabato De Sarno at Gucci and Adrian Appiolaza at Moschino. Both leaders grapple with significant legacies that overshadow their creative directions. However, their approaches toward these challenges dramatically differ, creating a distinct narrative within the vibrant runway scene. Sabato De Sarno, […]
Chanel Buys 42 Avenue Montaigne Amid Real Estate Arms Race
In a strategic move reflecting the intense competition in the luxury retail sector, Chanel has expanded its presence on the revered Avenue Montaigne in Paris by acquiring a new property. The French fashion powerhouse purchased the building at 42 Avenue Montaigne, a prime location that solidifies its foothold in one of the world’s most prestigious […]