The Winning Strategy in Today’s Sneaker Market: A Closer Look at Nike and On In the ever-competitive world of sneakers, two brands have managed to rise above the rest and claim the top spots in the market. Nike and On have become the powerhouses of the sneaker industry, and their success can be attributed to […]
The Gorpcore Empire Behind Salomon and Arc’teryx
The Gorpcore Empire Behind Salomon and Arc’teryx In the ever-changing landscape of sportswear, Amer Sports is strategically positioning itself to dominate the market with its iconic brands like Salomon and Arc’teryx. The Finnish company has set its sights on scaling its three largest companies, including the well-known tennis racket maker Wilson, into €1 billion sportswear […]
Nike CEO Finishes C-Suite Makeover With McDonald’s Executive
Nike CEO Finishes C-Suite Makeover With McDonald’s Executive In a strategic move to bolster its leadership team, Nike’s CEO Elliott Hill has recently appointed Michael Gonda, a seasoned executive from McDonald’s, to spearhead the communications department. This decision comes as part of the ongoing turnaround efforts for the renowned sportswear brand, as reported by Bloomberg. […]
Tesla’s European sales collapse as Elon Musk’s politics fuel consumer backlash
Tesla’s European Sales Collapse as Elon Musk’s Politics Fuel Consumer Backlash Elon Musk’s political baggage is catching up with Tesla — this time in Europe. Sales of the electric car company have taken a significant hit as consumers are starting to distance themselves from Musk’s controversial political statements and actions. This shift in consumer behavior […]
Why China’s Gold Jewellers Are the Envy of Global Brands
China’s Gold Jewellers: The Shining Stars in the Luxury Market In the realm of luxury markets, where trends fluctuate and consumer preferences evolve at a breakneck pace, China’s gold jewellers have managed to carve out a unique and enviable position for themselves. Brands such as Laopu Gold and Lao Feng Xiang are not just thriving; […]
Valentino Sales Slipped by 2% in 2024
Valentino Sales Slipped by 2% in 2024: A Closer Look at the Impact on the Brand’s Strategy Valentino, the renowned Italian fashion house, faced a minor setback in 2024 as its sales dipped by 2%. While this news may raise eyebrows in the fashion industry, a deeper dive into the numbers reveals a strategic move […]
Kering Shares Plunge 12% After Gucci’s Demna Appointment
Kering Shares Plunge 12% After Gucci’s Demna Appointment Kering, the renowned luxury goods company, recently experienced a significant setback as its shares plummeted by 12% following the announcement of Demna Gvasalia’s appointment as the new creative director of Gucci. This unexpected news sent shockwaves through the industry and sparked controversy on social media platforms, leading […]
Exclusive: Diane von Furstenberg Inks Distribution Deal With Zalando
Exclusive: Diane von Furstenberg Inks Distribution Deal With Zalando Diane von Furstenberg, the iconic American dress brand, has made a strategic move by inking a distribution deal with Zalando. This partnership marks a significant shift for the fashion house as it transitions from traditional wholesale models to exclusive regional distribution agreements as part of its […]
Gucci’s Marketing and Communications Shakeup Continues
Gucci, the illustrious Italian luxury brand, recently witnessed a significant shift in its marketing and communications landscape with the departure of chief brand officer Alessio Vannetti. This exit is part of a broader trend, as the company seeks to restructure its operations amidst troubling sales figures. Under the leadership of a new CEO, significant changes […]
Luxury Brands Under Scrutiny: The Hidden Cost of High Fashion
Milan, Italy — A mere 40-minute drive from the opulent shops on Via Monte Napoleone reveals a stark contrast in the luxury industry—a troubling narrative of labor exploitation that has recently captured headlines. In a nondescript building in suburban Pieve Emanuele, an ongoing investigation by the Milan Public Prosecutor’s Office has uncovered allegations of workers […]