Outgoing Nike CEO John Donahoe made strategic missteps, most especially losing his team’s winning spirit.. In-coming 32-year Nike veteran Elliott Hill will restore it.
Mytheresa Shows Multibrand Retail Still Works In Luxury
While multibrand luxury fashion retail is on the ropes, Mytheresa just posted 10% year-over-year growth in fiscal 2024, led by a 25% uptick in the U.S.
Luxury Is Losing Its Lustre As American Affluents’ Priorities Shift
Latest results of Research The Affluent Luxury Tracking study reveal a HNW/UHNW American consumer balancing their spending between indulgence and restraint.
Diane Von Furstenberg Is Reinventing Her DVF Brand, Again
Diane von Furstenberg has brought on fashion industry veteran Graziano de Boni to turnaround the DVF brand and company.
American Luxury Consumers Pull Back, Challenging LVMH, Ralph Lauren, Capri And Tapestry
Affluent Americans are pulling back in luxury spending. LVMH, Tapestry, Capri Holdings and Ralph Lauren are seeing the results in their latest earnings reports.
