Luxury Brands Facing Challenges in China Market in the Year of the Snake The allure of the Chinese market for luxury brands is undeniable. With its growing middle class and increasing disposable income, China has been a key focus for many luxury brands looking to expand their global reach. However, the Year of the Snake […]
Estée Lauder Reviews Brands Amid Management Change
Estée Lauder Reviews Brands Amid Management Change Estée Lauder, the renowned beauty giant, is making strategic moves in the wake of a management change. With Stéphane de La Faverie taking the helm as the new CEO, the company has set its sights on revamping its portfolio of beauty brands. This initiative comes as Estée Lauder […]
Unilever India Acquires Indian Beauty Brand Minimalist
Unilever India Strengthens Beauty Portfolio with Acquisition of Indian Brand Minimalist In the ever-competitive world of beauty and skincare, strategic acquisitions often prove to be game-changers for industry giants looking to expand their portfolios and reach new consumer segments. Hindustan Unilever, the Indian division of consumer goods conglomerate Unilever, has recently made a significant move […]
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market Associated British Foods Plc, the owner of the popular fast-fashion retailer Primark, recently made headlines by lowering its sales growth forecast. The company cited weak UK consumer sentiment as a primary factor contributing to this adjustment, alongside a significant 6.4 percent drop in like-for-like sales during […]
The Debrief | The Evolving Art of Brand Collaborations
The Debrief | The Evolving Art of Brand Collaborations In today’s competitive market, brands are constantly seeking new ways to capture the attention of consumers who are becoming increasingly savvy. One strategy that has proven to be successful in cutting through the noise is brand collaborations. This week’s Debrief explores the current state of collaborations, […]
Fosun’s Jewellery Unit Shanghai Yuyuan Considers Second Listing in Hong Kong
Fosun’s Jewellery Unit Shanghai Yuyuan Considers Second Listing in Hong Kong The renowned jewellery unit of Fosun Group, Shanghai Yuyuan, is contemplating a second listing in Hong Kong. This strategic move comes as the Shanghai-listed company, which shares an owner with Lanvin Group, aims to potentially raise over $300 million through this offering, according to […]
Op-Ed | Not All of Luxury Can Glitter Like Cartier
Op-Ed | Not All of Luxury Can Glitter Like Cartier The luxury industry is renowned for its opulence, exclusivity, and allure. Brands like Cartier and Van Cleef & Arpels have long been synonymous with sophistication, elegance, and status. However, in the ever-changing landscape of luxury retail, not all that glitters is necessarily Cartier. Richemont, the […]
Exclusive: Touchland Unveils First Fragrance Collection
Exclusive: Touchland Unveils First Fragrance Collection Touchland, the renowned hand sanitizer brand, is making waves once again in the realm of personal care products. The brand, known for its innovative approach to hand hygiene, is celebrating a significant milestone – its first category expansion. Not only that, but Touchland has also reported an impressive tenfold […]
Op-Ed | The Cost of Growth in Beauty
Op-Ed | The Cost of Growth in Beauty In the ever-evolving landscape of the beauty industry, maintaining momentum and staying ahead of the competition has become increasingly challenging for brands. As noted by Barclays’ Lauren Lieberman, the influx of new players and the impact of external factors have significantly raised the stakes for beauty companies […]