Showing 25 to 36 of 76 results
Luxury Brands Face Sales Slump After Aggressive Price Hikes
Luxury brands like Christian Dior and Chanel are experiencing sales declines due to price increases averaging 36% between 2020 and 2023, unlike Hermès and Richemont which showed growth and implemented more moderate price increases.
Luxury Brands Face Sales Slump After Aggressive Price Hikes
Luxury brands like Christian Dior and Chanel are experiencing sales declines due to price increases averaging 36% between 2020 and 2023, unlike Hermès and Richemont which showed growth and implemented more moderate price increases.
Progress
40% Bias Score
Oyster Yachts Unveils Luxury 805 Supersailor
Oyster Yachts launched the 805 supersailor, a luxury yacht measuring 83 feet with a full-beam master cabin and multiple guest cabins, at a London event in May; it's expected to launch in 2027, with a 26-month delivery time from order.
Oyster Yachts Unveils Luxury 805 Supersailor
Oyster Yachts launched the 805 supersailor, a luxury yacht measuring 83 feet with a full-beam master cabin and multiple guest cabins, at a London event in May; it's expected to launch in 2027, with a 26-month delivery time from order.
Progress
52% Bias Score
Tequila Industry Slowdown: Reduced Spending and Agave Surplus Challenge Brands
Facing reduced consumer spending and an agave surplus, the tequila industry is experiencing a slowdown; brands like Kendall Jenner's 818 Tequila are cutting costs, while others, such as Pantalones, focus on affordable high-quality products and expand into new markets like the UK.
Tequila Industry Slowdown: Reduced Spending and Agave Surplus Challenge Brands
Facing reduced consumer spending and an agave surplus, the tequila industry is experiencing a slowdown; brands like Kendall Jenner's 818 Tequila are cutting costs, while others, such as Pantalones, focus on affordable high-quality products and expand into new markets like the UK.
Progress
48% Bias Score
Dupe Perfumes: Affordable Alternatives Spark Debate
Driven by affordability and social media trends, the dupe perfume market is booming, offering cheaper alternatives to high-end fragrances, sparking debate about artistic value and intellectual property.
Dupe Perfumes: Affordable Alternatives Spark Debate
Driven by affordability and social media trends, the dupe perfume market is booming, offering cheaper alternatives to high-end fragrances, sparking debate about artistic value and intellectual property.
Progress
40% Bias Score
Moët Hennessy to Cut 10% of Workforce Amidst Sales Decline
Moët Hennessy, facing an 11% revenue drop in 2024 to €5.9 billion due to slowing global demand and post-Covid market normalization, will cut 10% of its workforce (1000-1200 jobs) via attrition, avoiding layoffs, to return to 2019 staffing levels.
Moët Hennessy to Cut 10% of Workforce Amidst Sales Decline
Moët Hennessy, facing an 11% revenue drop in 2024 to €5.9 billion due to slowing global demand and post-Covid market normalization, will cut 10% of its workforce (1000-1200 jobs) via attrition, avoiding layoffs, to return to 2019 staffing levels.
Progress
40% Bias Score
Trump's Tariffs Threaten Luxury Market Recovery
President Trump's increased tariffs on Chinese goods, reaching 245%, threaten the global luxury market's recovery, already facing challenges from economic slowdowns and inflation; LVMH's first-quarter 2025 revenue fell 2%, with fashion and leather goods down 4%.
Trump's Tariffs Threaten Luxury Market Recovery
President Trump's increased tariffs on Chinese goods, reaching 245%, threaten the global luxury market's recovery, already facing challenges from economic slowdowns and inflation; LVMH's first-quarter 2025 revenue fell 2%, with fashion and leather goods down 4%.
Progress
40% Bias Score
Luxury Brands Face Sales Dip Amidst 'Greedflation' Backlash
During the first quarter of 2025, Dior and Chanel faced sales declines (5% and 4%, respectively) due to aggressive price increases (51% and 59% from 2020-2023), contrasting with Hermès and Richemont's 7% growth, suggesting consumer pushback against 'greedflation' in the luxury market.
Luxury Brands Face Sales Dip Amidst 'Greedflation' Backlash
During the first quarter of 2025, Dior and Chanel faced sales declines (5% and 4%, respectively) due to aggressive price increases (51% and 59% from 2020-2023), contrasting with Hermès and Richemont's 7% growth, suggesting consumer pushback against 'greedflation' in the luxury market.
Progress
52% Bias Score
Trump's Tariffs Threaten European Luxury Goods
President Trump's threat of 50% tariffs on European Union imports is causing significant concern within the luxury industry, forcing brands to consider relocating production to the US despite the challenges involved, as it threatens the "Made in Europe" value proposition and the economic stability o...
Trump's Tariffs Threaten European Luxury Goods
President Trump's threat of 50% tariffs on European Union imports is causing significant concern within the luxury industry, forcing brands to consider relocating production to the US despite the challenges involved, as it threatens the "Made in Europe" value proposition and the economic stability o...
Progress
56% Bias Score
Ferretti Group Reports Record Q1 2025 Results
Ferretti Group announced record-breaking Q1 2025 results: €1,768.6 million in orders (up 7.6% from March 31, 2024, and 6.3% from December 31, 2024), €23.9 million in net profit (up 7.7% YoY), and €328.5 million in revenue (up 5% YoY).
Ferretti Group Reports Record Q1 2025 Results
Ferretti Group announced record-breaking Q1 2025 results: €1,768.6 million in orders (up 7.6% from March 31, 2024, and 6.3% from December 31, 2024), €23.9 million in net profit (up 7.7% YoY), and €328.5 million in revenue (up 5% YoY).
Progress
44% Bias Score
Heinemann's Record Turnover Driven by Middle East, India Expansion
Gebr. Heinemann, a German family-owned duty-free retailer, reported a record €4.3 billion turnover in 2024, a 21% increase, driven by new market entries in India and Iceland, and strong performance in the Middle East/Africa region.
Heinemann's Record Turnover Driven by Middle East, India Expansion
Gebr. Heinemann, a German family-owned duty-free retailer, reported a record €4.3 billion turnover in 2024, a 21% increase, driven by new market entries in India and Iceland, and strong performance in the Middle East/Africa region.
Progress
44% Bias Score
TikTok's "Luxury Goods Conspiracy": Misinformation and Consumer Confusion
Viral TikTok videos falsely claim Chinese manufacturers produce luxury goods for European brands at inflated prices, sparking consumer outrage and highlighting confusion around global sourcing and counterfeiting.
TikTok's "Luxury Goods Conspiracy": Misinformation and Consumer Confusion
Viral TikTok videos falsely claim Chinese manufacturers produce luxury goods for European brands at inflated prices, sparking consumer outrage and highlighting confusion around global sourcing and counterfeiting.
Progress
44% Bias Score
Hermès Sales Miss Expectations Amid China Slowdown and US Tariffs
Hermès's Q1 2025 sales growth fell short of expectations due to slowing demand in China and new US tariffs on European imports, resulting in a stock price drop and planned US price increases to offset the tariffs.
Hermès Sales Miss Expectations Amid China Slowdown and US Tariffs
Hermès's Q1 2025 sales growth fell short of expectations due to slowing demand in China and new US tariffs on European imports, resulting in a stock price drop and planned US price increases to offset the tariffs.
Progress
28% Bias Score
Showing 25 to 36 of 76 results