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 […]
Burberry Investors See Progress
Burberry Investors See Progress A year after Josh Schulman assumed the role of CEO at the iconic British luxury brand Burberry, investors are witnessing promising signs of recovery amidst a backdrop of dwindling sales. Despite the challenges posed by a shifting market landscape and the ongoing impact of the global pandemic, Schulman’s strategic vision and […]
LA’s Uneven Road to Post-Fire Recovery
LA’s Uneven Road to Post-Fire Recovery Six months have passed since the devastating Eaton and Palisades fires ravaged through Los Angeles, leaving a trail of destruction in their wake. The fires not only took a toll on the environment but also significantly impacted the local businesses, especially those in the fashion and beauty industry. As […]
West Lothian schools hit by ransomware attack
West Lothian Schools Navigate Ransomware Attack Crisis West Lothian, Scotland, recently found itself at the mercy of a malicious ransomware attack that targeted the IT systems of 143 schools and nurseries. The brazen attack sent shockwaves through the educational community, prompting swift and decisive action to mitigate the potential fallout. As news of the cyber […]
Cold plunges don’t help women recover, finds study busting $318M wellness trend
Cold Plunges: Do They Really Help Women Recover? Study Busts $318M Wellness Trend I’m sure you or someone you know has taken a cold plunge as a form of recovery or wellness practice. The trend of cold plunges, often touted as a way to boost energy, improve circulation, and enhance overall well-being, has gained significant […]
A Recovering Los Angeles Gets Back to Events
A Recovering Los Angeles Gets Back to Events As the resilient city of Los Angeles continues to heal from the challenges of the past year, a sense of hope and rejuvenation is palpable in the air. Awards season gifting suites, brand activations, influencer events, and postponed parties have all kicked back into gear, signaling a […]
De Beers CEO Says US Diamond Demand Shows Signs of Recovery
De Beers CEO Says US Diamond Demand Shows Signs of Recovery The diamond industry, often regarded as a symbol of luxury and enduring love, has faced turbulent times in recent years. The COVID-19 pandemic dealt a severe blow to an already struggling market, with diamond prices plummeting and demand dwindling. However, there seems to be […]
Richemont’s Sales Soar in Early Sign of Luxury Recovery
Richemont’s Sales Soar in Early Sign of Luxury Recovery Swiss luxury goods group Richemont has recently delivered a promising update to the market, indicating a potential rebound in the high-end retail sector. The company reported a significant 10 percent surge in sales during the three months through December, citing a strong performance despite the challenging […]
COP16 in Cali: A Commitment to Digital Sequence Information and Nature Recovery
The recent COP16 conference in Cali marked a pivotal moment for global environmental efforts, particularly in nature recovery strategies. The event drew prominent figures, including Environment Secretary Steve Reed, Nature Minister Mary Creagh, and Natural England Chair Tony Juniper. Central to the discussions was the agreement on Digital Sequence Information (DSI), a transformative approach to […]