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Historically, the beverage industry is one of the most recession resilient industry. Despite the Covis-19 crisis, a significant amount of spike in sales is noticed in the alcoholic beverage industry. During these times when people are avoiding social gath

An archipelago of 115 islands in the Indian Ocean, off East Africa, The Seychelles is also known as the paradise on Earth. It is a famous honeymoon destination from luxury travelers.

UK based online-retailer MatchesFashion recently faced a lot of criticisms for featuring images of Hindu gods on their swimming trunks. They were widely criticized for trivializing Hindu religious beliefs.

Application of AI is getting difficult due to the sudden break from the past trends forced by the virus-imposed economic shutdown.

The re-start of political unrest in Hong Kong over the new security law of China has wrecked a havoc on their luxury market.

Google to partner with WWF Sweden with the objective to make the process of sourcing the raw materials and tracking its sustainability easier.

London Fashion Week will begin on June 12 and it will heavily rely on its new digital platform to create virtual showrooms, hosting podcasts and organizing interactive virtual events.

Many brands based out of UK were seen to pay their employees 80% of their salary by utilizing the government’s furlough scheme. British luxury brand Burberry continued to pay their employees even if they could not fulfill their role due to the lock down

During the curfew looters raided and targeted some of the top luxury stores in New York. Before the curfew came into effect, fashion store Michael Kors on Fifth Avenue was attacked along with stores like Nike and Lego located across Midtown.

As per a research conducted by luxury consultancy firm, Luxury Connect, even after the lockdown is lifted,

Lakme Fashion Week will launch its virtual showroom which is a completely new concept in India. Their humble aim is to support the designers, artisans and the entire Indian fashion business.

The virus-imposed lock down has disrupted the production and consumption pattern of top luxury houses and this has viciously impacted not only their fashion cycle but also their bottom-line.

The pandemic delivers a crippling blow to the retail industry as top retailers file for bankruptcy

Retail stores are slowly re-starting their operations as malls are re-opening, but it is unlikely that the shoppers will come back soon.

Can Sycamore Partners acquire JC Penney out of bankruptcy?

This is definitely a big shift in the scheme of things in the luxury fashion world; Paris and Milan fashion weeks to be held virtually.