The Great Fashion Reset | When Will Luxury Bounce Back? The fashion industry has been facing unprecedented challenges in recent times, with the global pandemic sending shockwaves through the luxury market. As the world grapples with persistent economic pressures, key markets like China and the US have been significantly impacted, making it increasingly difficult for […]
Levi Strauss Limits Selection for Holiday Shopping Season Due to Tariffs
Levi Strauss Limits Selection for Holiday Shopping Season Due to Tariffs The upcoming holiday shopping season might look a bit different for fans of Levi Strauss. The iconic denim brand, known for its quality products and wide range of styles, is making a strategic move in response to tariffs and economic pressure. Levi Strauss is […]
Saks Hires Kirkland & Ellis, PJT to Explore Financing Options
Saks Hires Kirkland & Ellis, PJT to Explore Financing Options Saks Fifth Avenue, a renowned luxury department store, has made a strategic move by enlisting the expertise of Kirkland & Ellis and PJT Partners to navigate through the complex world of financing. With economic pressures looming over the US retail sector, the decision to seek […]
US airlines struggle as travel demand drops
US Airlines Grapple with Decreased Travel Demand Amid Safety Concerns and Economic Pressures The aviation industry has always been a volatile one, with airlines at the mercy of fluctuating fuel prices, shifting consumer demands, and unforeseen global events. However, the COVID-19 pandemic has brought about a unique set of challenges that have left even the […]