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Unpacking the “murky” data behind the luxury spending boom

Inside Retail

The fact that some people are splashing out on $3000 handbags in the face of a recession doesn’t surprise Philip Corne, a board member for Camilla and Solbari, who was CEO of Louis Vuitton Australia from 2003-2016. “I The story around ongoing consumer spend in the face of an ongoing cost-of-living crisis isn’t cut and dry.

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Eataly set for global expansion after $300 million cash injection

Inside Retail

Investindustrial said its investment will allow Eataly to retire debt and maximise financial flexibility to fund Eataly’s global expansion plans. The family of the founder, Oscar Farinetti, and other shareholders will maintain the minority 48 per cent stake. This year it anticipates turning over around $450 million.

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What the bankruptcy of biotech darling Amyris means for the beauty industry

Inside Retail

However, beauty manufacturer New Laboratories CEO Rohan Widdison told Inside Retail , “A founder’s excitement doesn’t always lead to consumer engagement – all the money in the world won’t address the conceptual faults.”

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Retail appointments of the week

Inside Retail

In 2003, he transferred control of the business to his daughter, Naomi Milgrom. Unlike many other brands, we haven’t faced consumer headwinds in the last months, quite the opposite,” said Oliver Reichert, Birkenstock Group CEO. Rytz Goldman will join the company in the spring of 2024 and report to PVH CEO Stefan Larsson.

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‘Not about products’: The genius of Moncler’s global, digital runway event

Inside Retail

In 2003, Ruffini took over the brand and turned it into the sought-after luxury ski-wear label it is today. To receive billions of views across 30 platforms simultaneously requires immense strategy, planning and execution. We’re past the point of marketing to a few social media platforms.

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DX PACKAGING 2023 REPORT The unboxing experience

E Delevry

Unboxing is a growing trend which sees consumers record and publish the moment of taking new purchases from packaging. One of the first examples of an unboxing video dates back to 2003, it showed a gamer from the US unwrapping a PlayStation 3 delivered from Japan. I love the process of unpacking something.

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Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

The business got its first big break in 2003, during the SARS outbreak, when Liu saw an opportunity to capitalise on the burgeoning e-commerce sector and began selling products online to customers who were eager to avoid public spaces. It’s a 20-year plan, which is likely to cover multiple economic cycles.

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