Trends

Bain Projects Luxury Sales To Increase By 5 Pct In 2022

Bain Projects Luxury Sales To Increase By 5 Pct In 2022

Fears of an incoming recession and skyrocketing inflation are impacting consumer spending. Still, those with…

Metaverse Could Generate $5T In Value By 2030

Metaverse Could Generate $5T In Value By 2030

Metaverse could be valued at $5 trillion by 2030, with a market impact of $2…

LVMH CEO Says Company Is On Very Good Track For First Half

LVMH CEO Says Company Is On Very Good Track For First Half

French luxury goods giant LVMH’s performance is on a “very good track” for the first…

Back-To-School Sales Projected To Rise 7.5 Pct

Back-To-School Sales Projected To Rise 7.5 Pct

Consumers’ return to shopping in physical stores is expected to result in a 7.5% increase…

Coca-Cola Puts "Jack & Coke" In A Can

Coca-Cola Puts “Jack & Coke” In A Can

Coca-Cola is teaming up with Brown-Forman to sell the club-classic cocktail Jack & Coke in…

Carl Icahn Drops Fight Against Kroger

Carl Icahn Drops Fight Against Kroger

Carl Icahn is withdrawing his nominees for Kroger’s board and ending his proxy fight against…

Puig Acquires Swedish Fragrance Brand Byredo For $1B

Puig Acquires Swedish Fragrance Brand Byredo For $1B

Spanish beauty and fashion giant Puig has acquired fragrance and accessories brand Byredo for a…

Net-a-Porter To Sell Lab Grown Diamonds

Net-a-Porter To Sell Lab Grown Diamonds

Net-a-Porter has teamed up with traceable fine jewelry brand Kimai to sell lab-grown diamonds on…

Nordstrom Plans To Permanently Shutter Trunk Club

Nordstrom is planning to shutter its personalized clothing service Trunk Club, the company announced during…

Airbnb To Exit China Market

Airbnb To Exit China Market

Vacation rental platform Airbnb has become the latest U.S. company to exit the Chinese market,…