The luxury market is experiencing a significant downturn, with Interbrand reporting a 5% drop in top brand valuations like Louis Vuitton and Gucci in 2025.
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The luxury market is experiencing a significant downturn, with Interbrand reporting a 5% drop in top brand valuations like Louis Vuitton and Gucci in 2025.
In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.
Trump’s sudden 100% tariff on Chinese imports, effective Nov. 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.
Cracker Barrel reversed its new logo rollout, but its $700 million plans to modernized stores continues, threatening its nostalgic appeal to consumers of all ages.
While Target’s choice of insider Michael Fiddelke as CEO is a prudent choice, he may not be the change agent needed to turn around the company.