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13 May

Brands Return for China’s 520 Valentine’s Day Amid Spending Rebound

LONDON — As China continues to be a key source of growth post-COVID-19, luxury players are racing to construct campaigns around every gifting opportunity available in the market to sustain that prime level of growth. Originated online as an acronym for “I really like you” in Chinese, the phrase 520 has gained momentum in popular culture lately, and May 20 has develop into one other festival among the many younger generation in China for lovers to showcase their affection for each other by gifting one another. Firstly of the pandemic in China, as each Chinese Recent 12 months and Valentine’s Day were canceled as a result of lockdowns, 520 was elevated to a top priority for brands, including Louis Vuitton, Gucci and...
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22 Apr

P&G Beats Wall Street Expectations, Awaiting Return of Travel

Procter & Gamble beat Wall Street expectations on the highest and bottom lines, but profits were bolstered partly by price hikes and it still isn’t seeing the recovery in travel retail that it had hoped for. The buyer goods giant reported third-quarter fiscal-year 2023 net sales of $20.1 billion, a rise of 4 percent versus the prior 12 months. Analysts polled by Factset forecast $19.3 billion. Organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, rose 7 percent. Diluted net earnings per share were $1.37, a rise of three percent versus the prior 12 months, beating Wall Street expectations for $1.32. Net earnings were $3.4 billion for the quarter. P&G raised its guidance for fiscal 2023 all-in sales to grow...
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31 Jan

Schiaparelli, Alexander McQueen‘s Return on Provisional Paris Schedule

  PARIS — Having just put men’s and couture to bed, Paris is gearing up for a fizzing fall 2023 women’s session that may see Y/Project’s postponed show, the debut of Harris Reed at Nina Ricci and the return of Alexander McQueen, in response to the provisional schedule released by the Fédération de la Haute Couture et de la Mode. Set to run Feb. 27 to March 7, Paris Fashion Week will offer 67 shows and 40 presentations, with their digital counterparts broadcast on the federation’s website. Kicking off the nine-day schedule are the 2023 MA students of the Institut Français de la Mode, who will open the autumn 2023 season at 4 p.m. with their graduate collections. Storied couture house Schiaparelli might be...
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22 Jan

Tarte, Dubai and the Return of the Opulent Influencer

Picture this: beauty YouTuber Desi Perkins has just uploaded a video titled “Turks & Caicos”; within the background, Krys Talk’s “Fly Away” warbles over a montage of turquoise-blue waters, palm trees and sandy beaches. It’s 2015, and Tarte Cosmetics is hosting its first influencer trip. Upon arrival, Perkins is greeted with the necessities: a hot hand towel, a mixed drink and the beaming face of fellow makeup phenom Katy DeGroot. Drinks in hand, the pair gleefully cheers their fellow mega-influencer-girls-trippers in keen anticipation of all that comes next: fancy dinners, luxury motorboat rides, apparently greater than a number of laughter-and-handholding-filled group walks along the beach (obviously) and complimentary, hot pink unicorn onesies laid out on their beds next to their...
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