Will Gucci’s Demna Strategy Work? When Kering, the luxury fashion conglomerate, announced its decision to appoint Demna Gvasalia, the creative genius behind Balenciaga, as the new creative director of Gucci, the fashion world was sent into a frenzy. The move was seen as a bold and risky strategy by many, considering Gucci’s status as one […]
PepsiCo Nearing $1.5 Billion-Plus Deal for Functional Beverage Brand Poppi
PepsiCo Nearing $1.5 Billion-Plus Deal for Functional Beverage Brand Poppi In the ever-competitive beverage industry, major players are constantly on the lookout for innovative brands that can offer something unique to consumers. PepsiCo, a global giant in the beverage and snack industry, is now reportedly nearing a significant deal to acquire the functional beverage brand […]
Forever 21 Weighs Liquidation Ahead of Bankruptcy in Coming Days
Forever 21 Faces Potential Liquidation Amid Bankruptcy Uncertainty The fast-fashion industry has seen its fair share of ups and downs in recent years, with iconic brands either adapting to the ever-changing market or facing the harsh reality of closure. Forever 21, a prominent player in the fast-fashion retail sector, finds itself at a crossroads as […]
Ulta Beauty Braces for a Challenging 2025
Ulta Beauty Braces for a Challenging 2025 Ulta Beauty, the renowned US retailer in the beauty industry, is gearing up to face a challenging year ahead as it indicates a soft start to 2025. The beauty giant, known for its extensive range of beauty products and services, is feeling the impact of a global slowdown […]
Cucinelli Sees Operating Profit Increase 13% in 2024, Confirms Guidance
Cucinelli Sees Operating Profit Increase 13% in 2024, Confirms Guidance Italian luxury group Brunello Cucinelli has once again demonstrated its prowess in the fashion industry by announcing a remarkable 13 percent increase in operating profit for the year 2024. This significant boost in profitability not only showcases the brand’s resilience but also underlines its ability […]
Inditex Meets Fourth-Quarter Sales Forecast
Inditex Meets Fourth-Quarter Sales Forecast Inditex, the global fashion giant behind brands like Zara and Pull&Bear, recently released its sales figures for the fourth quarter, and the results are in. Despite a challenging retail environment, the company managed to meet its sales forecast, albeit with a slight slowdown in growth. From February 1 to March […]
E.l.f. Beauty Sued in Securities Claims Class-Action Lawsuit
E.l.f. Beauty Faces Securities Claims Class-Action Lawsuit Over Short-Seller Report E.l.f. Beauty, the popular cosmetics brand known for its affordable and trendy products, is currently in the midst of a legal battle. The company has been sued in a securities claims class-action lawsuit that alleges wrongdoing based on a November 2024 short-seller report. E.l.f. Beauty […]
Gap Surges on Strong Sales Led by ‘Impressive’ Namesake Brand
Gap Surges on Strong Sales Led by ‘Impressive’ Namesake Brand Gap Inc. has recently witnessed a remarkable surge of 17 percent in its shares, leaving investors pleasantly surprised with the quarterly sales figures. The renowned retail giant has managed to outperform market expectations, with its flagship brand, Gap, leading the impressive charge. Alongside Gap, Old […]
Foot Locker Outlook Weighed Down by Discounts, Weak Demand
Foot Locker Struggles with Lower Earnings Forecast Due to Weak Demand and Increased Competition Foot Locker, a prominent athletic footwear and apparel retailer, is facing a challenging outlook as it grapples with lower-than-expected earnings projections for the year. The company recently announced that it anticipates a decline in profits, pointing to several key factors that […]
The Agency Behind Fashion’s Most Talked-About Events
The Agency Behind Fashion’s Most Talked-About Events When it comes to creating buzzworthy and unforgettable events in the fashion world, one name stands out above the rest – CNC Agency. Renowned for its innovative approach and attention to detail, CNC Agency has solidified its position as the go-to partner for in-person activations that leave a […]