Deloitte's 33rd annual Holiday Survey has found that 57 percent of total holiday spend is expected to be online, compared to 36 percent in stores. This marks a 10 percent drop for stores in the last four years.
Working in collaboration with international anti-cyberbullying non-profit The Cybersmile Foundation, global beauty company Coty announced it will use its Rimmel brand to launch an initiative to fight cyberbullying.
The Swedish company is strengthening its logistics infrastructure in Spain, where it plans to open a new distribution centre in Toledo. The site will be the brand’s second in the country and the largest by surface area.
LVMH are being very, very nice to Celine and Hedi Slimane. The group just handed over the former Dior Homme boutique on high-traffic corner of Paris' rue François 1er and rue Marignan to Celine for a new store.
Pablo Isla has topped Harvard Business Review’s list of the best-performing CEOs in the world for the second year in a row. LVMH's Bernard Arnault came in third, followed by François-Henri Pinault of Kering.