Women in business face daunting challenges trying to make their mark and advance professionally. While they start their careers in near parity with men – 48 percent of women to 52 percent of men hold corporate entry-level positions – they are far less likely to advance to the C-suite. Women make up only 28 percent […]
Archive | 2023
Luxury Roundtable Launches As A Global Member Network For Luxury Professionals
Global luxury expert Mickey Alam Khan has launched Luxury Roundtable, a new international network and luxury program for luxury professionals, luxury marketers and wealth managers who cater to wealthy and UHNW consumers. The Luxury Roundtable combines learning, knowhow and networking opportunities. The network, hosted at LuxuryRoundtable.com, will provide learning and intelligence, peer networking with luxury […]
World’s Biggest Brands Lost Value In 2023, Making Room For Disrupters
The Kantar BrandZ world’s most valuable brands report is out, and it’s sobering. The world’s top 100 most valuable global brands lost 20% of their value in 2023, and across the 13 vertical categories tracked, every one experienced a decline. For example, media and entertainment brands were the biggest losers, dropping 32%, followed by retail […]
Holiday Retail Will End 2023 On Positive Note, But 2024 Is Another Story
Retailers and the consumers on whom they depend are rushing headstrong into the holiday shopping season, facing a level of economic uncertainty that they haven’t experienced since 2007, right before the Great Recession hit. VUCA – volatile, uncertain, complex and ambiguous – is the watchword for how retailers must approach this holiday season and 2024 […]
Kering’s Plan To Restore Gucci To Former Glory: Will It Work?
Kering, owner of Gucci, Yves Saint Laurent, Bottega Veneta, Balenciaga, and Alexander McQueen brands and the world’s second-largest luxury conglomerate after LVMH, reported very depressing results for the third quarter of 2023. With a 13% reported decline overall and a 9% comparable shortfall, revenues for the group dropped from $5.4 billion last year to $4.7 […]