Coty Cuts Annual Profit Forecast: What’s Next for the Beauty Giant? Coty, the global beauty company known for its wide range of cosmetic and fragrance brands, recently announced a downward revision of its annual profit forecast. The news sent ripples through the market, with the company’s shares falling about 2 percent in extended trading. This […]
World’s first Amazon-style weapons marketplace debuts with drones, robots, ammo
World’s First Amazon-Style Weapons Marketplace Debuts with Drones, Robots, Ammo Ukraine’s Ministry of Digital Transformation has unveiled a first-of-its-kind marketplace to buy weapons, called the Arms Marketplace. This groundbreaking platform is set to revolutionize the way military equipment, including drones, robots, and ammunition, is bought and sold. With a user-friendly interface similar to e-commerce giant […]
Hugo Boss Posts Q1 Beat, Reiterates 2025 Outlook
Hugo Boss Surpasses Q1 Expectations and Stays Firm on 2025 Vision German luxury fashion house Hugo Boss recently made headlines by exceeding expectations in its first-quarter results and reaffirming its long-term outlook for 2025. Despite concerns over US tariffs and economic uncertainties, the renowned brand has demonstrated resilience and confidence in its strategic direction. In […]
Enhancing the E-Commerce Customer Journey with Generative AI
Enhancing the E-Commerce Customer Journey with Generative AI In 2025, the landscape of e-commerce is more competitive than ever before. With consumers’ attention divided among numerous online retailers, businesses are constantly seeking innovative ways to stand out. One such innovation that is reshaping the e-commerce industry is Generative AI. BoF’s recent white paper, “The Future […]
As Trump Moves to Tax Small Parcels, Some Retailers Give Up on US
Small Parcels Tax: How Retailers are Adapting to Trump’s Policy Change In recent times, the landscape of international retail has been undergoing significant shifts, largely due to the policies put in place by governments worldwide. One such policy change that has been making waves is the removal of de minimis, a regulation that exempts small […]
Harrods is latest British retailer to be hit by cyber attack
Harrods Faces Cyber Attack: Another Blow to British Retailers In a string of cyber attacks targeting prominent British retailers, luxury department store Harrods has fallen victim to a hacking attempt. This incident comes in the wake of similar attacks on Marks & Spencer and the Co-op group, raising concerns about the vulnerability of the retail […]
Tariff tensions flare over Amazon price display
Tariff Tensions Flare Over Amazon Price Display The recent escalation of tariff tensions is sending shockwaves through the business world, particularly in the realm of online retail. Amazon, the e-commerce giant, finds itself at the center of this storm as experts warn that tariffs could drive inflation as companies adjust prices and outlooks. The impact […]
Il Makiage Parent Raises Full-Year Outlook
Il Makiage Parent Raises Full-Year Outlook The parent company of the popular cosmetics brand Il Makiage, Oddity, has recently made waves in the business world by announcing an optimistic update to its full-year outlook. The company now anticipates that its revenue for the year will fall between $790 million and $798 million, a significant increase […]
Chanel Closes NYC Beauty Concept Boutique
Chanel Closes NYC Beauty Concept Boutique Chanel, the iconic French luxury brand, has recently made headlines in the beauty world with the closure of its Chanel Atelier Beauté shop in New York City. This unique concept boutique, which offered a range of exclusive beauty services, has reportedly been shut down since January 2025, leaving many […]
Primark Committed to US Expansion Despite Tariff Uncertainty, Says Boss
Primark’s Bold Move: 60 US Stores by 2026 Amid Tariff Uncertainty In the realm of fast-fashion retail, Primark has solidified its position as a key player, known for its trendy yet affordable clothing options. Despite the looming uncertainty of tariffs and trade tensions, George Weston, the chief executive of AB Foods – Primark’s parent company […]