Chinese Tourists Are Again Embracing International Travel
The return of China’s travellers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy.
Sanjay Kapoor
The Year Ahead: All Eyes on India’s Ascent
India is increasingly a focal point for the fashion industry, reflecting a rapidly growing middle-class and increasingly powerful manufacturing sector.
Seizing the India Opportunity
The chief executive of the fashion division of Reliance Industries, India’s largest private sector conglomerate with consolidated turnover of $63 billion, talks about seizing opportunities in the fastest-growing major economy in the world.
Is India the Solution to Fashion’s Woes?
India remains one of the most conspicuous growth opportunities for a global luxury market stuck in a rut.
#BoF500 – The New Class: Executives
CEOs, presidents, chairmen and directors operate the firms that make fashion tick. Meet the 18 executives who are new to the #BoF500 this year.
Company Snapshot
One of India’s most established retail businessmen, he became a gateway figure into the market and has franchise agreements with Armani, Bottega Veneta, Jimmy Choo, Paul Smith and Coach, among others.
The News in Brief
Playground Closes $2 Million in Funding Round
The intimate wellness brand completed its first institutional raise after seeing 700 percent revenue growth and is launching in Target.
Galderma Sales Top $1 Billion, Led by Injectables
The public company reported strong sales, as demand for its dermatological skincare and injectable products surged.
EU Parliament Approves Ban of Products Made With Forced Labour
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour.
Unilever India Is Losing Foreign Shareholders on High Valuations
Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company grapples with weak consumer demand and rising competition.
LVMH Prize Names Finalists, Adds Phoebe Philo and Pharrell Williams to Jury
On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris.
Valentino’s Full-Year Sales Fall 3 Percent
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
TikTok’s Crackdown on Ozempic Influencers Threatens Weight-Loss Drug Hype Machine
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.