Michael Chalhoub’s Strategic Roadmap for Chalhoub Group After his first 100 days as chief executive officer of Chalhoub Group, Michael Chalhoub recently shared insights on the state of luxury in the MENA region and the strategic next steps for the third-generation leader. In a discussion with Imran Amed, BoF’s founder and CEO, at BoF CROSSROADS […]
Richemont’s Sales Soar 10%
Richemont’s Sales Soar 10%: A Promising Sign for the Luxury Goods Market In the realm of luxury goods, few names hold as much weight as Richemont. The Swiss conglomerate, known for its prestigious brands such as Cartier, Montblanc, and Piaget, has long been a barometer for the health of the high-end market. So when news […]
Lululemon Regains Momentum on Strong Holiday Sales
Lululemon Regains Momentum on Strong Holiday Sales The athleisure giant, Lululemon, is making waves once again in the retail industry as it announces a significant uptick in its fourth-quarter sales outlook. With an expected revenue increase of 11 percent to 12 percent, the company is showcasing its resilience against the backdrop of rising competition and […]