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Coca-Cola Reformulates as Retail Giants Face Tax, Sales Pressure
By Mariana Allende - Thu, 10/23/2025 - 11:48
Kering trims its portfolio, Coca-Cola reformulates drinks, while Liverpool and Mercado Libre face weak sales and rising taxes.
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Kering Sheds Gucci Beauty, Focuses on Core Fashion
By MBN Staff - Tue, 10/21/2025 - 08:11
Kering to sell Gucci’s beauty division to L’Oreal for US$4.6 billion, reducing debt and refocusing on core fashion under CEO Luca de Meo.
Global Luxury Market Declines as Quiet Luxury Rises in China
By Mariana Allende - Thu, 06/20/2024 - 12:12
China's wealthiest individuals are opting for more understated fashion choices, triggering a decline in the global luxury market.
Saint Laurent Inaugurates its Largest Store in Mexico
By MBN Staff - Thu, 05/02/2024 - 16:00
Luxury brand Saint Laurent has opened its largest store in Guadalajara, deviating from its typical focus on Mexico City.
Quiet Luxury Brands Gain Investor, Consumer Notice Over Loud Ones
By Mariana Allende - Tue, 02/27/2024 - 12:53
Quiet and loud luxury brands reported their 2023 revenue with quiet brand groups coming on top.