Is AI Antithetical to Luxury?
The reaction to Prada’s unsettling new campaign reveals an emerging sentiment in online audiences who see AI and luxury as incompatible....
Author : Raven Ward
On to Be Led by Founders as CEO Steps Down
The Swiss sportswear brand’s co-founders, Caspar Coppetti and David Allemann, will take over as co-chief executives in May as On looks to maintain its fast...
Is the Luxury Comeback Still on Track?
War in the Middle East is weighing on prospects for the sector’s rebound, but analysts are sticking to their growth forecasts — for now....
Ralph Lauren Resets Sustainability Plan After Dropping Net-Zero Target
The company is shifting to shorter-term, measurable goals after dropping its target of reaching net-zero emissions by 2040 last year....
Spain’s Puig Shares Jump on Lauder Merger Talks
Shares of the Spanish beauty group surged around 16 percent on Tuesday, on track for their best trading day on record, after announcing they were...
Nicolas Di Felice Exits Courrèges
During five years as artistic director, Di Felice reactivated the storied Parisian label with a clubby energy and collections that breathed new life into its...
Oil Slides, Stocks Climb on Trump’s Iran Reprieve
Oil prices tumbled by over 8 percent after Trump said the US was in talks with Tehran to end the US-Israeli war on Iran, a...
New Luxury Store Openings Rise in Europe, Cushman Data Shows
The continent’s leading luxury retail streets saw a 13 percent rise in new outlets last year, with fierce competition for prime locations, according to Cushman...
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group...
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation....