It is difficult to overstate the crisis the American consumer faced at the onset of the Great Recession. Yet somehow over the past six years real household consumption managed to grow at an annual rate of 2.2 percent.
Government and Trade
The Senate passed the controversial presidential Trade Promotion Authority bill on Friday night, defeating amendments that threatened to derail it and handing a hard-won victory on trade to President Obama.
Mergers and Acquisitions
Greg Selkoe, founder and ceo of online streetwear retailer, will become an advisor.
Friday’s hearing in the ongoing Marzotto tax trial once again illustrated how the young entrepreneur’s wish was to retain the Valentino Fashion Group.
Forecasts and Analysis
For retailers in many sectors of the market, the weekend also means a sharp spike in store traffic.
Marketing and Promotion
The growing bevy of beauty apps offers everything from online scheduling for an at-home blowout to determining if a brand tests on animals.
Gian Riccardo Marini is stepping down and will become chairman of the board.
Starting today, the platform will offer a new service to marketers allowing them to advertise product in a feed alongside video ads.
Arnault treated shareholders of LVMH Moët Hennessy Louis Vuitton to a nearly hour-long lesson in how to succeed in business.
Brands have submitted bids for a five-story retail spot inside the landmark Galleria Vittorio Emanuele II.