16 November 2023 Burberry reports disappointing results Burberry reports quarterly results below expectations, while first-half profit falls significantly. Despite a rise in sales, the British
16 November 2023 Four Seasons plans to open a second hotel in Hangzhou Four Seasons will open its second hotel in the Chinese city of Hangzhou in 2024. This partnership with
15 November 2023 Thailand’s Central Group acquires Selfridges stores Thailand’s Central Group has announced the complete acquisition of Selfridges, the iconic British luxury department store chain. The
15 November 2023 Rémy Cointreau: Louis XIII unveils its new eco-conscious packaging Following the roll-out of L’Expérience Infinity in stores, Louis XIII has revisited the gift box for its emblematic
15 November 2023 The global luxury goods market is set to reach a record 1,500 billion euros in 2023 According to a recent study by Bain & Company, the global luxury goods market is set to reach
14 November 2023 Shiseido lowers annual guidance due to boycott in China Shiseido has announced a significant reduction in its annual financial targets, due to a boycott by Chinese consumers.
14 November 2023 Italy to lower tax-free threshold to capitalize on Chinese tourism Against a backdrop of economic contraction in Europe, but a renewed influx of Chinese tourists, Italy has decided
14 November 2023 Ferrari takes care of its employer brand Ferrari recently unveiled ambitious plans to boost employee engagement by launching a ground-breaking shareholding plan and improving its
13 November 2023 Global economy. Are the new BRICS a remedy for the world’s increasing polarization? At their recent summit in Johannesburg, the BRICS set out a roadmap for a new phase of development,
13 November 2023 Capri Holdings loses steam in second quarter On the verge of merging with the Tapestry group, Capri Holdings posted a significant drop in sales in