Addressing questions about consumer sentiment and discretionary spending, Leviâs CEO Michelle Gass on Wednesday noted that the denim brand already has an âapproachable price pointâ but acknowledged that shoppers may nevertheless be more cautious in their purchase behavior in the near term.
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 âencouraged by the recent equity market pickup there.â They added that âa more pro-business attitude from the Chinese administration and conversations with luxury managers in the regionâ point to âa likely trough in demand a few months ago now.â
âAt The EstĂ©e 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,â said Yuri Ezhkov, vice president for the creative center of excellence at ELC, in a statement
Reebokâs 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 ârobust bottom-line improvementsâ would be the result of âa relentless focus on maintaining cost discipline and driving additional efficiencies.â
The 20 contenders include All-In by Benjamin Barron and Bror August VestbĂž, the protĂ©gĂ©s 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 Menâs under Virgil Abloh, created his namesake brand with his husband Luis Philippe, a Colette alum.
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âTo 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,â 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 âDescubre e.l.f.ecto.â The content push lands on the tails of the brandâs 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 Indiaâs most celebrated designers, just six hours before his runway show closing out Dubai Fashion Week.
âWith NikeSkims, weâre 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.â
âHanesBrands today is a more consumer-centric global operating company better prepared and strategically positioned to leverage our brands, innovation, marketing, talent, and supply chain capabilities around the world,â Bratspies said in the release.
Trump has offered further assurances to TikTokâs U.S.-based providers that they wonât be penalized for violating the bill, which was enough for Oracle, which has continued to support the operations of the app, ensuring that it remains available to users whoâd already downloaded it onto their device.
Various investor consortiums led by YouTuber MrBeast and Employer.com founder Jesse Tinsley, among others, are reportedly inquiring about the app, but itâs not clear whether theyâre realistic bidders in the race.
DoorDash is further embracing a trend toward unhinged, openly racy marketing with its latest Valentineâs Day campaign, aptly titled âThreesome.â The effort aims to reach couples who are opting for a night in on Feb. 14, not only in terms of ordering food but also other goods, including chocolates, flowers and more intimate items, courtesy of adult toy and lingerie retailer Hustler Hollywood.
