Hints and tips:
...Tatiana is someone who Sephora, owned by French luxury group LVMH, would describe as its ideal customer: a beauty fan searching for new products and experiences, who spends about €1,000 per year on skincare...
...In the wake of luxury group LVMH’s results last week, this reflects a broader trend seen towards more normal levels of growth in top-tier product categories after several years of record sales....
...To seal the $2.5bn purchase of the prized Australian luxury skincare brand from its Brazilian owner Natura — L’Oréal’s largest acquisition — the 59-year-old executive outbid luxury giant LVMH and premium...
...The deal has been a dud as Benioff struggled to integrate Slack and fend off Microsoft’s Teams product. It has become an emblem of drift....
...Leonardo Weiss Ferreira Chaves, the global offer lead for intelligent products and services at Capgemini Invent, stresses that while businesses in highly regulated industries may have the luxury of moving...
...Manufacturer 3M, which sells a huge range of products to consumers and industry, expects unit volumes down in the mid single digits in the year ahead: Slower-than-expected growth was due to rapid declines...
...Luxury fragrances, including new brands that offer bespoke blends for an individual, have also enjoyed a renaissance....
...Like-for-like sales at its luxury unit, which includes skincare and fragrances brands as Lancôme, Valentino and Yves St Laurent, rose 20.7 per cent in the three months to September 30 from a year ago, climbing...
...It is all a joke, but a highly artful one that mimics the tactics of contemporary art and luxury....
...What else we’re reading and listening to ‘The product is dead....
...Not only can Nabi speak with authority on subjects from product formulations to brand positioning, she also has an uncommon personal story....
...Musk thinks it is because of the aspirations that his products aim to satisfy....
...Luxury brands such as Chanel or Hermès often enter concession deals with them....
...Luxury vegan formulas include Hourglass Caution Extreme Lash Mascara (£29), which has dense bristles on one side for volume, shorter bristles on the other side for smudge-free bottom-lash application, and...
...(BBG) The lure of LVMH The post-Covid comeback of Bernard Arnault, who, if only for a moment eclipsed Jeff Bezos as the world’s richest man, was built on more than luxury goods....
...He will take over at a delicate time for the maker of Lancôme cosmetics, Garnier hair care and La Roche-Posay skincare products....
...So it should come as no surprise that hedge fund managers have been eager to get in on Wall Street’s hottest product....
...He works with “virtually every British [luxury] brand”, including Pyo, Stella McCartney and Victoria Beckham....
...New luxury perfumes from Giorgio Armani and Valentino and a new solid shampoo from Garnier were being readied for launch he said, as L’Oréal returned to projects previously paused due to Covid-19....
...In addition to gambling on newly formed public companies without products, let alone profits, wealthy investors are exploring all sorts of new frontiers — from bespoke luxury furniture to baseball cards...
...Volkswagen AG has named company insider Arno Antlitz as its chief financial officer, who is the current CFO of its luxury Audi brand. He will succeed Frank Witter, who will step down in June 2021....
...For anyone who hasn’t used the app, confetti rains down after a customer makes a trade and there are often prompts to go into more complex trading products such as options and derivatives....
...No less welcome would be a transatlantic agreement about how to tax data extractors — be they platforms, fintech firms or French luxury handbag makers. The public sector needs the revenue....
...Once eyed by LVMH’s billionaire boss Bernard Arnault as a prized gem, the French luxury conglomerate has countersued the US jeweller, arguing it has displayed ‘catastrophic’ performance throughout the coronavirus...
...A turning point came in 2017 when Fenty Beauty, created by music megastar Rihanna with French luxury group LVMH, burst on to the market....
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