Retail job losses are surging, with Amazon and Target cutting nearly 32,000 corporate jobs combined, signaling a major industry restructuring.
Luxury Brand Valuations Drop As Consumer Demand Slackens
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.
What The $4.7 Billion Beauty Deal Means For Kering And L’Oréal
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.
Holiday Spending In Jeopardy Under Trump’s New 100% China Tariff
Trump’s sudden 100% tariff on Chinese imports, effective Nov. 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.
De Beers Launches Major Industry-Wide Campaign To Promote Natural ‘Desert Diamonds’
De Beers launched its largest diamond campaign in a decade to promote “Desert Diamonds,” natural colored stones, emphasizing rarity, uniqueness and connection to nature.
