Can Swiss Watches Compete on Value? Swiss watches have long been synonymous with luxury, precision, and craftsmanship. However, in recent years, the industry has faced challenges as the prices of Swiss timepieces have continued to rise. With consumers becoming more discerning and the market experiencing a downturn in luxury spending, Swiss watchmakers are finding themselves […]
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit Amidst the ever-changing landscape of retail, Target has recently adjusted its sales forecast for the year. The popular retailer now anticipates a decline in net sales by a low single digit. This revision comes as a surprise, especially considering the previous guidance, which hinted at an […]
Amer Sports Raises 2025 Guidance on Strong Demand for Arc’teryx and Salomon Footwear
Amer Sports Raises 2025 Guidance on Strong Demand for Arc’teryx and Salomon Footwear Shares of the athletic apparel and equipment maker hit an all-time high on Tuesday. This surge in stock value comes as no surprise considering the recent announcement by Amer Sports to raise its 2025 guidance. The Finnish company, known for its high-performance […]
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 […]
Andie Acquires Richer Poorer
Andie Acquires Richer Poorer: A Strategic Move Towards Growth and Expansion In a bold and strategic move to accelerate growth and expand their market presence, Andie, a prominent digitally-native swimwear brand, has acquired Richer Poorer, a well-known lifestyle brand specializing in premium basics and loungewear. This acquisition is set to create a powerful synergy between […]
Luxury Labels Ditch Steep China Discounts to Rebuild Value
Luxury Labels Ditch Steep China Discounts to Rebuild Value In the realm of luxury fashion, the allure of exclusivity has always been a driving force behind the desirability of high-end brands. However, in recent years, global fashion houses have found themselves caught in a precarious balancing act between maintaining their prestigious image and catering to […]
BoF Masterclass | The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality
BoF Masterclass | The Lifestyle Era: Luxury’s Opportunity in Home and Hospitality In the ever-changing landscape of retail and fashion, catering to consumers’ desires goes beyond what they wear. It extends into their living spaces, creating a seamless blend between personal style and home decor. The intersection of luxury, home, and hospitality presents a unique […]
Saks Bonds Plunge as Investor Update Deepens Cash Concerns
Saks Bonds Plunge as Investor Update Deepens Cash Concerns Saks Global, a prominent player in the retail industry, recently experienced a significant drop in its bond prices following an investor update that failed to alleviate concerns about its financial stability. The company’s bonds took a hit after a call with management that did little to […]
Why China’s Gold Jewellers Are the Envy of Global Brands
China’s Gold Jewellers: The Shining Stars in the Luxury Market In the realm of luxury markets, where trends fluctuate and consumer preferences evolve at a breakneck pace, China’s gold jewellers have managed to carve out a unique and enviable position for themselves. Brands such as Laopu Gold and Lao Feng Xiang are not just thriving; […]
Tariff pressure weakens demand for Intel’s AI chips
Tariff Pressure Weakens Demand for Intel’s AI Chips In the ever-changing landscape of the tech industry, economic uncertainty has become a significant factor in consumer behavior and market trends. Recently, this uncertainty has manifested in a rather unexpected way for Intel – one of the giants in the semiconductor industry. The demand for their newer […]