Heard on the Street: U.S. shoppers spent much less on designer goods in the second quarter. Was the gold rush the industry experienced during the pandemic a fad?
Bernard Arnault, head of luxury-goods conglomerate LVMH, has a net worth larger than that of Elon Musk and Jeff Bezos. WSJ’s Nick Kostov explains how the French business magnate amassed his fortune and how he plans to keep that wealth under family control. Photo: Nicholas Kamm/Agence France-Presse/Getty Images
America can sometimes seem like an emerging market for Europe’s big luxury companies: It has booms, busts and vast potential that hasn’t been fully realized.Continue reading your article with
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
How activewear and luxury brands are driving Web3 innovationActivewear and luxury brands are pushing ahead with Web3 innovation, while other marketers are still on the sidelines
Les mer »
Gucci, Prada, Burberry, and More Luxury Brands Saw Their U.S. Sales Drop in Q2While most luxury fashion brands took a hit in Q2, Hermes_Paris saw surprising growth in the U.S. market.
Les mer »
Twitter to make brands spend $1K per month on ads or lose check: reportElon Musk will reportedly force brands to spend at least $1,000 on Twitter ads every month — or lose their gold checkmark
Les mer »
Animoca Brands Invests $30 Million in Crypto Payments Application HiIn order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network.
Les mer »
24 Luxury Skincare Products From Amazon That Basically Work Just Like MagicBut they're real, I promise you.
Les mer »
Luxury San Francisco, Seattle homes see biggest price dropsLuxury homes in certain coastal markets have seen the biggest drops in the nation. San Francisco is leading the pack with prices falling 12.7% year over year in the second quarter.
Les mer »