Despite the ongoing war in Ukraine, a recent BBC report reveals that the direct selling company, Avon, continues its operations in Russia. In March 2022, amid the conflict’s outset, the company announced on social media its decision to halt investments in Russia and cease international exports of products manufactured at its Russian facility in Naro-Fominsk.
Despite the ongoing war in Ukraine, a recent BBC report reveals that the direct selling company, Avon, continues its operations in Russia. In March 2022, amid the conflict’s outset, the company announced on social media its decision to halt investments in Russia and cease international exports of products manufactured at its Russian facility in Naro-Fominsk.
Could the Mob Wife Aesthetic Shatter the Serenity of Quiet Luxury?
Amidst the myriad microtrends that have surged in recent seasons, propelled by TikTok and an explanatory media landscape, a prevailing theme emerges: hyper-femininity reigns supreme. Initially, Barbiecore plunged into our consciousness with its vibrant hot-pink allure, swiftly followed by its counterpart, bimbocore.
LVMH's Consistent Holiday Expansion Provides Encouraging Outlook for Luxury Market
PARIS – Does the absence of negative news imply positive developments? During LVMH’s annual results presentation on Thursday, analysts and investors appeared relieved as the luxury industry’s leading figure conveyed cautious optimism regarding the duration and intensity of the current slowdown.
Chairman Bernard Arnault expressed his anticipation for improved macroeconomic conditions in the luxury sector, notwithstanding the escalating risk of a broader conflict in the Middle East.
Could Amer Sports Succeed Where Birkenstock Faced Challenges?
Amer Sports, the proprietor of functional gear brands like Arc’teryx and Salomon, is set to debut on the New York Stock Exchange this week. Drawing comparisons with Birkenstock, which went public in October, both companies cater to a fashion-conscious audience with utilitarian yet stylish products.
LVMH Considers Acquisition of Property on Fifth Avenue in Manhattan
LVMH Moët Hennessy Louis Vuitton SE is currently in negotiations to acquire a building situated on Manhattan’s renowned Fifth Avenue, as the luxury conglomerate aims to secure prime retail locations worldwide.
Boohoo Group Plc said it has stopped working with a UK supplier after allegations that staff at the warehouse were forced to work overtime.
The move came out Friday after a BBC documentary entitled “Boohoo’s Broken Promises” accused the fast-fashion chain of putting undue pressure on garment suppliers.
Farfetch’s financial strain persists, casting a shadow just a month after securing its rescuer.
A consortium of investors, known as the 2027 Ad Hoc Group, emerged recently to oppose the impending acquisition of the beleaguered luxury e-commerce platform by South Korea’s Coupang.
Fashion Trends Veer Toward the Extreme Once More
In recent fashion discourse, the spotlight is on the increasingly extravagant runway ensembles. Consider Duran Lantink’s inflatable denim, Marni’s 3-D floral embellishments, Christian Cowan’s oversized fur balls, Schiaparelli’s skirt accompanied by an enormous lobster, Rick Owens’ bold shoulders and flowing capes, and Mugler’s ethereal silk displays that spanned around 30 feet. Germanier and Vaquera showcased colossal dresses that nearly engulfed the attendees, rendering public transportation, let alone Uber or Lyft, impractical. While designers have always embraced drama, the current inclination toward the extreme is unprecedented.