Shein’s Pop-Up Store Ruffles South African Retail Sector
The retailers’ debut pop-up store in South Africa has triggered controversy and tax changes aimed at protecting local retailers by increasing levies on low-value imports.
Financial and political volatility are having a chilling effect on the industry’s environmental efforts. But failure to act now will bring bigger risks in the future, writes Kenneth P. Pucker.
As the number and price of treatments and products spiral ever higher, endless content on how editors, influencers and celebrities achieve their perfect looks may be doing more harm than good, argues Sable Yong. Sometimes, ignorance really is bliss.
As the number and price of treatments and products spiral ever higher, endless content on how editors, influencers and celebrities achieve their perfect looks may be doing more harm than good, argues Sable Yong. Sometimes, ignorance really is bliss.
The key question is whether the drop is due to a weakening economy or a shift in consumer perception towards luxury items as mere commodities.
As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed.
As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed.
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The British trench coat maker’s latest revamp has faltered. Some point to executional errors, but Burberry may need to rethink its strategy and become a ‘British Coach,’ writes Luca Solca.
Amazon will struggle to beat Temu and Shein at their own game, and in the process, it risks devaluing what has become its core proposition: convenience.
The best way to learn and form a more well-rounded view of the complex and multi-faceted world we live in is to directly expose yourself to diverse opinions, writes Imran Amed, who is currently attending the Aspen Ideas Festival.
Acquiring Richemont would catapult LVMH into a completely different stratosphere to the rest of the luxury industry, writes Andrea Felsted.
The retailers’ debut pop-up store in South Africa has triggered controversy and tax changes aimed at protecting local retailers by increasing levies on low-value imports.
Asos is forming a joint venture with the family’s Heartland A/S, which will pay £135 million ($178 million) for a 75 percent stake in the two brands the UK company acquired in 2021 from Philip Green’s insolvent retail business as part of a £295 million deal.
It’s the PR giant’s fifth acquisition this year as it aims to double in size by 2025.
The LVMH-owned jeweller, which opened a two-floor store in Shanghai’s Hong Kong Plaza in a high-profile ceremony in late 2019, has decided to give up about half of its square footage, sources told Bloomberg.
The cash injection will be used to help the media company enact its turnaround strategy.
The retailer is teaming up with sneaker marketplace StockX to offer a curated selection of pre-verified sneakers in a bid to enhance its online presence and compete with Amazon.
US CPSC Commissioners Peter Feldman and Douglas Dziak are calling for an investigation into e-commerce retailers Shein and Temu over safety concerns related to “deadly baby and toddler products” sold on their platforms.
Ferreira, who leads the Southeast Asia business for LVMH-owned Loewe, has been appointed the Hong Kong-based jeweller’s general manager, international.