US retail sales fell in July for the first time in nine months as the boost from big tax refunds faded, suggesting that consumer spending was slowing down and prompting economists to slash their economic growth estimates for the third quarter.
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Disposals, store closures, blurry financial guidance… Decision-makers at LVMH, Kering, Ferragamo and Burberry are no longer betting on a return to the industry’s boom years. […]
The new edition will debut with six print issues a year, joining a growing roster of licenced titles in the magazine’s international portfolio. Source link
This week’s newsletter tracks fragrance’s hottest segment, featuring the new master perfumers at DSM-Firmenich and an interview with Artessence Group CEO Patrice Béliard. Source link