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China’s consumer prices rise faster than expected in July

by Lionel Rogers
China’s consumer prices rise faster than expected in July

By Bloomberg Published Aug 9, 2024 China’s consumer prices rose more than expected, offering hope of a recovery in domestic demand that has weighed on growth this year.  Photo: Pixabay …

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Don’t count on the ‘Lipstick Index’ for the next recession

by Lionel Rogers
Don’t count on the ‘Lipstick Index’ for the next recession

By Bloomberg Published Aug 9, 2024 When the economy takes a turn for the worse, consumers choose affordable treats such as cosmetics. That’s been the wisdom since the 2001 recession, when …

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Simone Biles’ leotards ignite sales of made-in-America brand

by David Johnson
Simone Biles’ leotards ignite sales of made-in-America brand

By Bloomberg Published Aug 9, 2024 Simone Biles won four more medals during the Paris Olympics, making her the most decorated American gymnast ever. All that attention has also helped …

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E.l.f. Beauty projects annual forecasts below estimates as consumers spend cautiously

by David Johnson
E.l.f. Beauty projects annual forecasts below estimates as consumers spend cautiously

By Reuters Published Aug 9, 2024 E.l.f. Beauty forecast annual sales and profit below estimates on 8 August and said it would raise prices of its products if Republican presidential candidate …

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Paris sets new trend as the product placement Olympics

by Lionel Rogers
Paris sets new trend as the product placement Olympics

By Reuters Published Aug 12, 2024 Winning athletes in Paris have received their medals on Louis Vuitton trays before being handed a Samsung flip phone to take a “victory selfie”, …

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Nike suspends online sales In Turkey after customs tax increase

by Lionel Rogers
Nike suspends online sales In Turkey after customs tax increase

By Bloomberg Published Aug 12, 2024 Nike Inc. suspended online sales in Turkey via its website and mobile app, days after an increase in customs taxes levied by Turkey on …

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Manolo Blahnik has second-best year to date, despite impact of luxury slowdown

by David Johnson
Manolo Blahnik has second-best year to date, despite impact of luxury slowdown

It may still be a relatively small independent in a luxury world dominated by deep-pocketed global giants but Manolo Blahnik is upbeat, despite revenue and profits falling last year, and …

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Capri Holdings “disappointed” as Versace, Kors see double-digit Q1 declines

by David Johnson
Capri Holdings “disappointed” as Versace, Kors see double-digit Q1 declines

Capri Holdings is the latest luxury giant to prove that times are tough out there. The company’s Q1 results for fiscal 2025 saw revenue falling 13.2% on a reported basis …

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David Gandy Wellwear teams up with Jaguar TCS Racing for collection

by David Johnson
David Gandy Wellwear teams up with Jaguar TCS Racing for collection

More motor racing-meets-fashion news. David Gandy Wellwear is collaborating with Formula E race team Jaguar TCS Racing to create the team’s official travel kit for the 2024 season. The collaboration …

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Young entrepreneurs of the IFM incubator share their views on the ups and downs of the craft industry

by Lionel Rogers
Young entrepreneurs of the IFM incubator share their views on the ups and downs of the craft industry

Fashion and luxury: a land of opportunity. Dozens of young companies are set up every year in these two sectors, defying the omnipotence of the luxury giants, the fall of …

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