Customers pulled back their spending at higher-end brands including Chanel and Christian Dior for the second year in a row, which Consumer Edge said could be attributed to a potential protest against price hikes and limited product innovation.
Amazon announced it will bring back its Big Spring Sale on Tuesday through March 31, offering discounts of up to 40% in 35 categories, including apparel, beauty, outdoor furniture and garden supplies.
In regards to a potential upswing in China, report authors said they were “encouraged by the recent equity market pickup there.” They added that “a more pro-business attitude from the Chinese administration and conversations with luxury managers in the region” point to “a likely trough in demand a few months ago now.”
“At The Estée Lauder Companies, we need to keep pace with a changing environment where an increasingly large share of transactions is happening through digital channels such as mobile devices,” said Yuri Ezhkov, vice president for the creative center of excellence at ELC, in a statement
Reebok’s return to golf speaks to its efforts to rebuild its identity as a team sports footwear and apparel company, a tag that was largely lost when Adidas owned the label and marketed it more as a fitness brand.
CEO Daniel Grieder said in the report that the “robust bottom-line improvements” would be the result of “a relentless focus on maintaining cost discipline and driving additional efficiencies.”
The 20 contenders include All-In by Benjamin Barron and Bror August Vestbø, the protégés of renowned stylist Lotta Volkova; Yasmin Mansour, who won the ready-to-wear prize at the most recent edition of Fashion Trust Arabia; and Paris-based Alain Paul, who, after working at Louis Vuitton Men’s under Virgil Abloh, created his namesake brand with his husband Luis Philippe, a Colette alum.
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“To stray now would be not just antithetical to who we are but fundamentally at odds with our ability to steward a thriving co-op for future generations,” the two leaders said, noting that its values have been critical to success since its founding in 1938.
Cosmetics is making over the iconic telenovela genre with “Descubre e.l.f.ecto.” The content push lands on the tails of the brand’s entrance into Sephora Mexico in October, its first availability at the retailer.
The day kicked off with a conversation between Vogue Business contributing editor Sujata Assomull and Manish Malhotra, one of India’s most celebrated designers, just six hours before his runway show closing out Dubai Fashion Week.
“With NikeSkims, we’re deepening that support, listening to the voices of our athletes and women around the world and meeting their needs with a unique and disruptive point of view rooted in strength and style.”
