LVMH Slide Signals No Quick End to Big Luxury’s Malaise The luxury industry has hit a rough patch, with LVMH, the sector bellwether, recently announcing a steep sales decline in its core fashion and leather goods division. This division is home to iconic brands like Louis Vuitton and Dior, making it a key indicator of […]
LVMH Fashion and Leather Goods Sales Fall 9 Percent
LVMH Fashion and Leather Goods Sales Fall 9 Percent The luxury fashion industry is facing challenging times as LVMH, the world’s largest luxury group, reported a 9 percent decline in sales for its Fashion and Leather Goods division. This news comes as part of a broader trend, with the group’s overall sales falling by 4 […]
The Executive Briefing: Gen-Z Blues, Quiet Sustainability and One Big Sneaker Deal
The Executive Briefing: Gen-Z Blues, Quiet Sustainability and One Big Sneaker Deal In the fast-paced world of business, staying informed about the latest trends and developments is crucial for success. This month, notable changes have taken place in various industries, signaling shifts in consumer preferences and market dynamics. From a significant merger in the sneaker […]
Opinion | When Will Luxury’s Perfect Storm Pass?
Opinion | When Will Luxury’s Perfect Storm Pass? The luxury sector has been facing turbulent times, with the pandemic wreaking havoc on consumer spending and global supply chains. However, according to Andrea Felsted, a seasoned industry expert, the storm may be closer to passing than initially anticipated. In her recent analysis, Felsted suggests that while […]
Are Luxury Megabrands Broken?
Are Luxury Megabrands Broken? Luxury megabrands like LVMH, Kering, and Chanel have long been the epitome of sophistication, exclusivity, and success in the fashion world. However, recent simultaneous crises within these giants have raised concerns about the sustainability of the luxury megabrand model. From shifting consumer preferences to global economic challenges, these industry leaders are […]
Swatch Sales Miss Estimates, Hit by Low Demand in China
Swatch Sales Miss Estimates, Hit by Low Demand in China Swatch Group, the renowned Swiss luxury company, has recently faced a considerable setback in its sales performance during the first half of 2025. The primary factor contributing to this downturn has been identified as the significantly low demand for Swatch products in the Chinese market. […]
Higher Clothing Prices Are Officially Here
Higher Clothing Prices Are Officially Here The recent report from the US Bureau of Labor Statistics has sent ripples through the fashion industry – apparel prices are on the rise for the first time in months. This increase comes hot on the heels of President Donald Trump’s announcement of tariffs, leaving many consumers and retailers […]
Op-Ed | Amazon Prime Day Is Past Its Prime
Op-Ed | Amazon Prime Day Is Past Its Prime Amazon Prime Day, the highly anticipated discount extravaganza, has come and gone. While it wasn’t the disaster some had feared, there are signs that both Amazon and observers of consumer spending should not take too much comfort in its success. This year’s Prime Day, which spanned […]
AI tools fuel smarter and faster marketing decisions
AI Tools Fuel Smarter and Faster Marketing Decisions In the fast-paced world of marketing, staying ahead of the curve is essential. With the advent of Artificial Intelligence (AI), marketers now have a powerful tool at their disposal to make smarter and faster decisions. One of the key advantages of AI in marketing is its ability […]
Why Ulta Beauty Bought Space NK
Ulta Beauty’s Strategic Move: Acquiring Space NK for Global Expansion Ulta Beauty, a prominent US retailer in the beauty industry, recently made headlines with its unexpected acquisition of the London-based upmarket chain, Space NK. This strategic move is not merely a random purchase; it aligns perfectly with Ulta Beauty’s current business strategy, focusing on global […]