Daily LInks
1. China’s Consumption Improves Slightly, Industrial Growth Slows. China’s economy is seeing a modest recovery in consumer spending, but industrial growth has slowed, reflecting ongoing challenges in balancing the country’s economic recovery. – Read More on The Wall Street Journal
2. Did the “Elevated” Paris Olympics Work for Luxury and LVMH? LVMH’s sponsorship of the Paris Olympics aimed to elevate luxury brand visibility, but the results have sparked discussions on whether the strategy effectively boosted the luxury market. – Read More on The Industry Fashion
3. Luxury Brands Hike Prices in Japan as Sales Surge. In response to booming sales, luxury brands have significantly raised their prices in Japan, capitalizing on a growing demand among consumers. – Read More on Inside Retail
4. How Young Consumers Are Changing the Marketing of Luxury Beverages. Younger generations are reshaping how luxury beverages are marketed, with brands adapting to new preferences and trends to appeal to this emerging demographic. – Read More on Forbes
5. How Miuccia Prada Stays Winning with Miu Miu. Miuccia Prada continues to drive Miu Miu’s success through viral runway moments and a keen understanding of fashion trends, contributing to the brand’s soaring revenues. – Read More on Culted
6. After Nike Leaders Promised Climate Action, Their Corporate Jets Kept Flying — and Polluting. Despite public commitments to reducing carbon emissions, Nike executives continued to rely heavily on corporate jet travel, raising concerns about the brand’s actual environmental impact. – Read More on ProPublica
