Latest News & Analysis
LVMH to Sell Santa Barbara’s El Encanto Hotel for $82.2 Million
The French luxury giant is selling its only US hotel, the El Encanto in Santa Barbara, California.
Michael Burke Tapped to Lead LVMH Americas
The LVMH veteran has been named chairman and chief executive of LVMH Americas as the company navigates a 'complex and evolving geopolitical period.'
Trump to Levy 25% Tariffs on Japan, South Korea in August
The 25 percent rates do not include any sectoral-specific tariffs that the Trump administration would separately implement on goods imported in key industries.
Amazon Prime Day Set to Lift US Online Sales to $23.8 Billion, Adobe Estimates
Year-on-year sales from July 8 to 11 are expected to rise 28.4 percent across US retailers.
Schiaparelli: A Swan Song That Fused Then and Now
Daniel Roseberry plans radical changes at the house, so he saw Monday’s couture show as a farewell to the old Schiap, making peace with the past to clear the decks for things to come.
Saks Is Ceding Ground to Luxury Rivals After Buying Neiman Marcus
The $2.7 billion acquisition was intended to strengthen the department stores’ positions as luxury giants, but now both are struggling against competitors like Nordstrom and Bloomingdale’s.
Trump Sets August 1st Start for Tariffs Ahead of Wednesday Deadline
New trade deals and tariff warnings are set to be announced, with negotiations ongoing to avoid punitive measures on exports to the US.
Birkenstock Cracks Down on Fakes in India
Indian court-appointed representatives recently inspected factories to seize suspected counterfeit footwear, after the German brand launched an infringement lawsuit, sources said.
AI Shopping Is Here. Will Retailers Get Left Behind?
AI doesn't see the internet the same way human shoppers do, meaning retailers need to adapt as more consumers turn to AI to find products or even make purchases.
Who Could Buy Coty’s Brands?
Rumours have swirled in recent weeks that the American cosmetics company is looking to offload its consumer and prestige brands. In a cooling market and with a mixed portfolio, finding buyers is a hard sell.
At Celine, Michael Rider’s Salade Mixte
The designer’s debut for the house contained nods to the tenures of Hedi Slimane, Phoebe Philo and Michael Kors, as well as Rider’s own work for Polo Ralph Lauren, reports Angelo Flaccavento.
Influencers Urged to Steer Clear of Politics During US Immigration Crackdown
Lawyers are advising content creators that weighing in on political topics can come with serious risks.