In a strategic move that could reshape its future, THG Plc has announced plans to demerge its technology platform, Ingenuity, to concentrate on its core business segments of beauty and nutrition. This decision is a significant step aimed at enhancing the company’s share price and improving its standing within the stock market, particularly in relation […]
Tiffany to Downsize China Flagship as Spending Dives
The luxury market is witnessing significant transformations, with Tiffany & Co. at the forefront of these changes. The LVMH-owned jeweler has announced plans to downsize its flagship store in Shanghai amidst sharply declining sales in China, the world’s second-largest economy. This decision was reportedly influenced by a noticeable shift in consumer behavior and economic challenges […]
What Fashion’s Creative Talent Needs to Know Today
In an industry as dynamic as fashion, professionals must stay updated on current trends and market movements. The creative landscape of fashion is witnessing a transformation, and understanding the latest developments is crucial for success in this competitive field. This month, we highlight significant insights relevant to fashion creatives from various industry sectors. The Impact […]