LVMH puts mark on Olympics as luxury brands embrace sports
The 2024 Paris Games have seen a luxury touch from Louis Vuitton Moët Hennessy, part of luxury fashion entering the
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Retail industry
Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets
According to UBS, the Paris Olympics, as well as the Eras Tour, are causing demand shocks without impacting the average
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Restaurant CEOs’ new favorite word is value as they aim to bring back customers
Restaurant CEOs can't stop using the word "value" in explaining lackluster quarterly sales to investors while detailing plans to appeal
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E.l.f. Beauty sales jump 50% on gains in color cosmetics and skin care, launch of Bronzing Drops serum
E.l.f. Beauty has won over younger consumers with its viral marketing and low-priced "dupes" of prestige favorites. Source link
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As inflation fury lingers, politicians join customers in pushing companies to cut prices
Companies like Kroger, Walmart and McDonald's are getting caught in the political messaging around inflation ahead of the 2024 election.
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Beauty brand Madison Reed bets on women’s sports with UConn basketball partnership
The University of Connecticut and beauty brand Madison Reed have signed a three-year court-naming rights deal, as well as NIL
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Disney raises streaming prices for Hulu, Disney+ and ESPN+
Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per month. Source link
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Yum Brands reports mixed results as Pizza Hut and KFC same-store sales fall
The restaurant company owns Taco Bell, KFC and Pizza Hut. Source link
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So much for ‘underconsumptioncore,’ back-to-school shopping is in full swing — and with it, ‘backtoschoolhauls’
TikTok’s latest tagline comes surprisingly swiftly on the heels of a movement meant to resist overconsumption. Source link
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