By Bloomberg Published November 4, 2024 When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top brand Louis Vuitton planned to open …
Published October 8, 2024 U.S. retail sales over the Black Friday/Cyber Monday (BFCM) weekend are set to reach a new record, surpassing $75 billion in sales this year, according to …
By Bloomberg Published October 1, 2024 Nike Inc.’s newly appointed Chief Executive Officer Elliott Hill is about to find out the full extent of the problems he’s inherited. Elliott Hill …
By Bloomberg Published September 24, 2024 The best luxury brands rarely go on sale. Not so their share prices. Valuations across the sector have tumbled on a deteriorating Chinese economy and …
By Bloomberg Published September 20, 2024 Nike Inc. spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, before replacing the …
Published September 10, 2024 The AI rush is on. Having been in the spotlight over the past eighteen months thanks to its accessibility to the general public via Chat GPT, …
By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of …
Translated by Nicola Mira Published Mar 19, 2024 French group Ykone has extended its international presence. The group is a major player in the influencer marketing sector, and was sold …
China’s TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo’s e-commerce unit – a move that appears to allow it to restart its online …
Translated by Nicola Mira Published Nov 21, 2023 If the luxury industry wants to survive in an increasingly complex and uncertain market, its players must forge alliances and partnerships, and …