WSIS+20 Gears Up for Geneva: Building Momentum for Effective Digital Governance As the world becomes increasingly interconnected through digital technologies, the need for robust governance frameworks has never been more critical. With the upcoming WSIS+20 high-level event in Geneva on the horizon, stakeholders are gearing up to address key priorities identified during the 2025 Internet […]
IGF 2025 opens in Norway with focus on inclusive digital governance
IGF 2025 Opens in Norway with Focus on Inclusive Digital Governance The Internet Governance Forum (IGF) has returned to Europe for its 20th anniversary, with Norway playing host to the prestigious event. As the digital landscape continues to evolve at a rapid pace, the need for inclusive and transparent governance has never been more crucial. […]
EU ramps up support for startups and scaleups with new strategy
EU Ramps Up Support for Startups and Scaleups with New Strategy The European Union (EU) is setting its sights on becoming the top destination for startups and scaleups to thrive in the world of innovation, investment, and tech growth. With the launch of a new strategy specifically tailored to support these budding businesses, the EU […]
The BoF Podcast | Inside The Great Luxury Reset
The BoF Podcast | Inside The Great Luxury Reset In the realm of luxury fashion, a profound transformation is underway. Imran Amed, the visionary founder and CEO of The Business of Fashion, and Luca Solca, the esteemed managing director of luxury goods at Bernstein, recently engaged in a riveting discussion with System Magazine’s Jonathan Wingfield. […]
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall
Estée Lauder Companies, L’Oréal Suffer as China Duty-Free Spend Continues to Fall The allure of the Chinese travel retail market has long been a beacon of hope for global beauty conglomerates like Estée Lauder Companies and L’Oréal. With the influx of Chinese tourists seeking luxury goods at duty-free shops, these companies positioned themselves to capitalize […]
Tencent sees strong Q1 growth as gaming rebounds, AI ads boost sales
Tencent’s AI Investments and DeepSeek Integration Drive Strong Q1 Growth Tencent, the Chinese tech giant, has recently reported a robust growth in the first quarter, thanks to its strategic investments in artificial intelligence (AI) and successful integration of DeepSeek technology. The company’s proactive approach to leveraging AI and enhancing its advertising capabilities has not only […]
Luxury Sector Faces More Gloom as Bain Cuts Sales Forecast
Luxury Sector Faces More Gloom as Bain Cuts Sales Forecast The luxury sector, known for its resilience in the face of economic downturns, is now experiencing a significant blow as consultancy Bain & Co slashes its sales forecast for the year. The renowned consultancy has predicted a global decline in luxury goods sales ranging from […]
Burberry’s Reset Begins to Click
Burberry’s Reset Begins to Click Burberry, the renowned British luxury fashion house, has recently made headlines with its strategic reset under new management. Despite facing challenges such as a swing to a loss in full-year profit and a 6 percent decline in quarterly sales, the company’s shares have soared as investors show confidence in its […]
Mytheresa Reports Slower Sales Growth
Mytheresa Reports Slower Sales Growth Mytheresa, the renowned German e-tailer, has been navigating through a period of slower sales growth, facing challenges that have put its ability to outperform the broader luxury market to the test. Despite its aspirations to solidify its position as a leader in online luxury retail, the company encountered uncertainty in […]
EU and Japan reinforce tech and digital partnership
EU and Japan Strengthen Tech and Digital Partnership for Economic Security In an era where technology and digitalization play a crucial role in shaping economies and industries, the European Union (EU) and Japan have taken a significant step towards reinforcing their partnership in these domains. The tech and digital agreement between the EU and Japan […]