As the luxury sector sees a global slowdown, Singapore, one of its key markets, is being impacted by the slow return of Chinese tourism. While high-spending Chinese visitors are returning to some markets, including cities like Paris and Milan, “the recovery in tourist spending on personal luxury goods overall is uneven and the effects of … Read more
Charles & Colvard, in a decisive geared toward turning the tide of its business, has launched a business-to-business digital portal for selling loose gems to independent jewelers. The fine jewelry firm, which specializes in moissanite, lab-grown diamonds and other gems, has shifted its wholesale business model away from distributors through the formation of the charlesandcolvarddirect.com trade … Read more
Halston once said, “You’re only as good as the people you dress,” and Ken Downing is eyeing those with deeper pockets. In his third season as creative director, Downing is evolving the Xcel-owned brand’s price position for fall 2024, further bolstering its contemporary image. “When the stores are coming in, they’re asking for things that … Read more
Banana Republic says its continuing to broaden the home collection, while firmly denying market speculation that the line would be discontinued. “Banana Republic Home is not being discontinued. In fact there is more product coming,” an official assured WWD. The company will launch more bedding, dining and bath products, the company told WWD. Efforts to … Read more
Title: Business Strategy ManualAuthor: Bolutife OluwadelePublisher: Winepress Publishing, Nigeria, in Association with Village Boy AcademyPage extent: 141Reviewer: Ifeoma C. AnaISBN: 978-978-60211-4-10 This manual is a must-read, must-have, and must-digest kit by any intending and practicing entrepreneur. All businesses are denominated in monetary terms, irrespective of whether they are private or public organisations, service, manufacturing, local or … Read more
