On August 5, L’Oréal, one of the global giants in the beauty industry, announced the…
Business News
In-depth guides exploring the structure, strategies, and business dynamics shaping the global fashion and luxury industry. From luxury conglomerates to fashion week economics, this section breaks down complex industry topics into accessible, evergreen analysis.
The American skincare brand Rodan + Fields discontinue its multi-level marketing (MLM) business model to streamline operations and reach new customers.
On August 1, 2024, Italian fashion house Salvatore Ferragamo announced its financial results for the first half of 2024.
On July 30, the iconic American select shop Fred Segal closed its last two physical stores in Los Angeles.
New York’s iconic jewelry brand Tiffany & Co. and the Council of Fashion Designers of America (CFDA) have announced the establishment of the industry’s first “Tiffany & Co. x CFDA Jewelry Designer Award.”
On July 24, Moncler S.p.A, headquartered in Milan, Italy, announced its financial report for the…
Saks Fifth Avenue Boldly Revamps San Francisco Union Square Store to Meet Luxury Consumer Expectations.
On July 23, French luxury giant Moët Hennessy Louis Vuitton (LVMH Moet Hennessy – Louis Vuitton SE) reported resilience in its latest financial results, achieving 2% organic growth in the first half of 2024.
On July 15th, Swatch Group, which owns Harry Winston, released its financial report for the first half of 2024, showcasing significant decreases in revenue and profits.
On July 17th, EssilorLuxottica, a global leader in the eyewear industry, announced that it has entered into a definitive agreement to acquire the fashion brand Supreme from VF Corporation for $1.5 billion.