News

  • I Got to Use OpenAI’s GPT-4 — Here’s Why It’s a Gamechanger.

    Opinions expressed by Entrepreneur contributors are their own. Have you ever wondered what the future of artificial intelligence might look like? Well, I recently had the incredible opportunity to use the latest language model from OpenAI, GPT-4. And after just 24 hours of interacting with this incredible new technology, I have come to a startling… Read more

  • Georgia Legislators Honor Operation HOPE’s 30-year Commitment to Empowering Underserved Communities

    On Thursday, March 16, 2023, Operation HOPE’s Founder, Chairman and CEO, John Hope Bryant, was presented a Resolution in the House Chamber during the 2023 Georgia Legislative Session. State Representative Dexter Sharper applauded Bryant for his ongoing efforts to empower underserved communities through financial literacy and other programs to help build generational wealth. Bryant was… Read more

  • Dior launches anti-ageing LED mask, designed with French company Lucibel

    Dior has officially teamed up with French LED technology specialist Lucibel, which designs, manufactures and markets lighting solutions. Their partnership began in July 2022 around a futuristic-looking anti-ageing mask. The French house, owned by LVMH has just launched Dior Skin Light, an LED anti-ageing mask. Presented as a preview at the Dior Cheval Blanc spa… Read more

  • Christian Dior to show in Mumbai on March 30

    After taking its cruise collection to Marrakech, Athens and Seville, Christian Dior is heading to India. On March 30, creative director Maria Grazia Chiuri will show her pre-collection of women’s ready-to-wear for Autumn 2023 at the Gateway of India monument, a historic archway on the waterfront of Mumbai (formerly Bombay), in the west of the… Read more

  • Michael Kors relaunches the Astor handbag

    Michael Kors announced on Tuesday the relaunch of its iconic heritage handbag: the Astor.  The Astor was first introduced in 2004 and designed as an homage to Astor Place in New York City. The one-block street in NoHo/East Village in the lower part of the New York City borough of Manhattan is recognized as the… Read more

  • UK debut for Australian slow fashion label MNK Atelier

    Australia’s MNK Atelier — a brand new slow fashion brand — is set to debut on 22 March with a launch in its domestic market and internationally — but with a particular focus on the UK, which the founders called “one of the most important markets outside of Australia”. Founded by sisters Milly and Kobe… Read more

  • Designer Brands clocks fourth-quarter sales dip, but annual sales still up

    Designer Brands announced on Thursday net sales for the year 2022 increased 3.7% to $3.3 billion, with comparable sales up 4.4%, withstanding a single-digit decline in the fourth quarter ended January 28. The Columbus, Ohio-based footwear company said net sales decreased 7.5% to $760.5 million, on the back of a comparable sales drop of 5.5%.  The owner of DSW… Read more

  • L’Oreal, Permira Among Firms Competing for Aesop Stake

    L’Oreal SA and Permira are among suitors competing for a stake in high-end cosmetics brand Aesop, people with knowledge of the matter said. Read more

  • LUXURY Giorgio Armani: Lion in Winter succession plan

    Fashion’s most successful designer is finally in touch with his tender side after a career driven by perpetual dissatisfaction. In an exclusive interview, he looks back on his life and addresses the mysteries of his succession plan. Read more

  • Brands wholesaler Is Reshaping Online Luxury handbags watches high heels shoes

    LUXURY The Pivot to E-Concessions Is Reshaping Online Luxury As top luxury brands pull back from wholesale, e-tailers are adding online concession to their business models rather than losing access to Gucci loafers and Balenciaga hoodies. Read more

  • 2022 and New Year 2023 for luxury brand suppliers and wholesale retailers

    luxury’s post-Covid rebound accelerated. Explore in-depth features and analysis about how brands and retailers are cultivating loyalty from top-spending clients, balancing runway dreams with smart pricing, and evolving their business models in the face of fierce competition. Read more

  • How Brands and Retailers Are Shaping the Resale Experience

    Discover how fashion companies are effectively entering or elevating their presence in the fashion resale space, with key insights from branded recommerce solutions company Trove’s inaugural report, ‘Brand Resale Index 2023,’ and BoF’s own content. Read more

  • Japan, South Korea move forward on trade issue before summit

    ADVERTISEMENT Japan and South Korea agreed on steps toward resolving a trade dispute that has been one of the strains the nations’ leaders aimed to resolve at a highly anticipated summit Thursday. Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol will meet later in the day in Tokyo in a bid… Read more

  • Credit Suisse to borrow $54 billion from Swiss central bank

    ADVERTISEMENT Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States. Credit Suisse said would exercise an option to borrow up to 50… Read more

  • Scientists: Largest US reservoirs moving in right direction

    ADVERTISEMENT Parts of California are under water, the Rocky Mountains are bracing for more snow, flood warnings are in place in Nevada, and water is being released from some Arizona reservoirs to make room for an expected bountiful spring runoff. All the moisture has helped alleviate dry conditions in many parts of the western U.S.… Read more

  • With Saudi deals, US, China battle for influence in Mideast

    1 of 2 In this photo released by Nournews, Secretary of Iran’s Supreme National Security Council, Ali Shamkhani, right, China’s most senior diplomat Wang Yi, center, and Saudi Arabia’s National Security Adviser Musaad bin Mohammed al-Aiban looks on during an agreement signing ceremony between Iran and Saudi Arabia to reestablish diplomatic relations and reopen embassies… Read more

  • Chinese businessman arrested in $1 billion fraud conspiracy

    1 of 5 A Twitter page of Chinese exiled businessman Guo Wengui is seen on a computer screen in Beijing, Aug. 30, 2017. The self-exiled Chinese businessman long sought by the government of China, and known for cultivating ties to Trump administration figures including Steve Bannon, was arrested Wednesday, March 15, 2023, in New York… Read more

  • North Korea launches ICBM before South Korea-Japan summit

    A TV screen shows a file image of North Korea’s missile launch during a news program at the Seoul Railway Station in Seoul, South Korea, Thursday, March 16, 2023. North Korea test-launched an intercontinental ballistic missile in a display of military might Thursday just hours before the leaders of South Korea and Japan were to… Read more

  • Honduras ditching Taiwan raises larger geopolitical concerns

    Free Party presidential candidate Xiomara Castro acknowledges her supporters after general elections, in Tegucigalpa, Honduras, Nov. 28, 2021. Castro announced on Tuesday, March 14, 2023, that Honduras under her administration is opening diplomatic relations with the People´s Republic of China. MEXICO Honduras’ decision to cut diplomatic ties with Taiwan in favor of China is yet… Read more

  • NY bank’s demise: Contagion or a problem with the business?

    1 of 2 Customers do business at a branch of Signature Bank in New York, Monday, March 13, 2023. President Joe Biden is telling Americans that the nation’s financial systems are sound. This comes after the swift and stunning collapse of two banks that prompted fears of a broader upheaval. (AP Photo/Seth Wenig) Signature Bank’s… Read more