EssilorLuxottica gains EU okay for $8.5 billion Dutch buy

Formed in 2018 from the merger of French lens manufacturer Essilor and Italian eyewear maker Luxottica, EssilorLuxottica also makes eyewear for luxury brands such as Chanel, Prada…

A third of total retail sales will be online by 2030, says report

Today’s world offers malls an opportunity to turn a new page, says a new A. T. Kearney research. The study suggests that the industry can have a…

The metaverse- fashion and luxury’s new Eldorado, or a mirage-

The luxury industry’s approach to the metaverse is radically different from the one it took at the advent of the internet. Then, the industry was largely sceptical,…

U.S. may boost tariffs on EU goods, wants lower trade deficit – Lighthizer

Lighthizer told Fox Business Network that recently imposed tariffs on $7.5 billion worth of European goods as part of the Boeing-Airbus aircraft subsidy dispute could be increased…

Luxury industry tackles diversity, inclusivity challenges

The labels in question reacted quickly, introducing various initiatives to avoid such pitfalls in future, proof of a profound change in industry attitudes. On March 18, for…

Trade tensions with U.S. testing resolve of Chinese consumers

However, Guo has his limits.Deteriorating trade ties between the United States and China could mean American imports, including Harley-Davidson motorcycles, could be much more expensive in the…