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How Resilient Is The Luxury Market? It Will Be Tested In 2024

Against a backdrop where the global luxury market will grow between 8% and 10% across all categories, the personal luxury segment’s growth is more muted, projected to advance by only 4% in 2023 at current exchange rates, according to the latest Bain-Altagamma luxury market study. The total luxury market will reach $1.65 trillion (€1,508 billion) […]

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Crate And Barrel’s New Store Showcases A New Brand Identity

Crate and Barrel just opened a new flagship store in the Flatiron District’s historic Palace of Trade building. Set on two floors in a 23,000 sq. ft. space at 881 Broadway, the building’s neoclassical architectural elements serve as a perfect backdrop to showcase Crate and Barrel’s modern home furnishing designs. It’s a store that demands […]

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Women Are Losing CEO Seats In Retail

From the sales floor to the C-suite, the retail industry is facing an unprecedented employment crisis, and none as pressing as the spate of CEO vacancies. While board members step in during the CEO interim, they’ve apparently gotten tired of wearing two hats; the pace of selecting a permanent CEO has picked up. Now Hiring […]

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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 […]

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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 […]

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