The Gen Z shoppers driving luxury reselling online August 30, 2024 Secondhand luxury goods have boomed online over the last few years, going from a corner of the internet to a $50bn sector last year, covering just over 10 per cent of the total luxury market. Most of the growth in the resale market has been driven by gen Z shoppers looking for unique, economical and [...]
Interest rates are coming down – but how low will they go? August 27, 2024 There will be multiple debates over the next few months about how fast and how far interest rates should be cut. But how low will they go? Chris Dorrell asks
Puregym poaches Punch Pubs boss as new chief August 21, 2024 Puregym has poached the chief executive of Punch Pubs & Co as its new boss. Clive Chesser will succeed Humphrey Cobbold, who will become Puregym’s new chair. Chesser and Cobbold are expected to take on their new roles on 6 November. In a separate announcement, Punch Pubs & Co confirmed that its chief operating officer, [...]
Top management consultancies don’t make things any better, clients say August 19, 2024 Drafting in a "big three" consultancy firm to help with corporate projects often has no positive effect, a survey of former clients has found.
Bank of England: Government names economist Alan Taylor as new rate-setter August 16, 2024 The government has appointed economist and Columbia University professor Alan Taylor to the Bank of England's Monetary Policy Committee (MPC).
NAD Clinic treatments: A boost for National Wellness Month August 6, 2024 One wellness trend that is continuing to grow momentum is NAD treatments, with Google searches increasing by 21 per cent last year alone.
Luxury faces a reckoning: What do Gucci, Burberry and LVMH need to do to survive? July 23, 2024 The post-pandemic luxury market was unstoppable. Record profits driven by China’s reopening and the revenge-on-lockdown ‘urge to splurge’ sent profits at all the major luxury brands to unbelievable highs. Briefly, it looked as though the upswing was going to stick, with pundits – and papers – asking if it would ever end. Now, results season [...]
Meet the founder on a mission to repair the future of the women’s health industry July 15, 2024 Anna Butterworth, founder of women’s health-focused marketing agency Ultra Violet, on her efforts to change what she sees as a historically fragmented industry.
How did Burberry get stuck in the trenches? July 13, 2024 Burberry has struggled to compete with its luxuary peers over the past couple of years.
Who’s who in Labour’s new look Treasury and business teams? July 11, 2024 Post-election and cabinet appointments, we’ve rounded up who's who in the government's new-look Treasury and business top teams.