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Copenhagen, São Paulo and Los Angeles: Veja continues its international expansion

Twenty years after its creation by the duo Sébastien Kopp and François-Ghislain Morillion, Veja, the French brand of sustainable sneakers, is accelerating the development of its international store network. The program includes three new strategic addresses: Copenhagen in Denmark, São Paulo in Brazil, and Los Angeles in the United States. Veja boutique in Los Angeles […]

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Algorithmic pricing at the heart of a tug-of-war with US retailers

As of July 8, the State of New York wants to force retailers to inform customers that their data has been used to set a sale price. The National Retail Federation has filed an appeal in federal court. Shutterstock The New York Algorithmic Pricing Disclosure Act was passed by the state last June. For Governor

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Amazon Prime Day set to lift US online sales to $23.8 billion, Adobe estimates

​Online spending is expected to surge to $23.8 billion across U.S. retailers during a 96-hour Amazon Prime Day event this week, according to an Adobe Analytics forecast released on Monday, as shoppers seek strong discounts on back-to-school gear ranging from apparel to electronics. Reuters ​Sales from July 8 to 11 are projected to rise 28.4%

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Trump unveils 25% tariffs on goods from Japan, South Korea in letters to leaders

By Reuters Published July 8, 2025 President Donald Trump said on Monday the U.S. would impose a 25% tariff on imports from Japan and South Korea beginning August 1 as he unveiled the first two of what he has said will be a wave of letters to trading partners outlining the new levies they face.

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EU avoids US tariff letter, eyes concessions, EU sources say

By Reuters Published July 8, 2025 The European Union will not receive a letter from the United States setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday, and is eyeing possible exemptions from the U.S. baseline levy of 10%. Reuters U.S. President Donald Trump began informing, in a wave of

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Estée Lauder entrusts Northern and Western Europe to Franck Besnard

The American cosmetics group Estée Lauder, owner of M.A.C, Clinique and La Mer, continues its reorganization with the promotion of Franck Besnard. At the beginning of July, the group’s general manager for France since 2020, was promoted to senior vice president and general manager for Northern and Western Europe, a move he himself shared on

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LVMH: Michael Burke takes over as head of Americas region

Michael Burke is certainly the American executive most highly regarded by Bernard Arnault. The former head of Louis Vuitton joined the French luxury magnate’s group in the 1980s. His appointment as president and CEO of LVMH Americas, effective July 7, brings the company full circle. Michael Burke becomes CEO of LVMH Americas four decades after

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Vacheron Constantin launches global exhibition in Shanghai

Swiss luxury watchmaker Vacheron Constantin on Monday unveiled an exhibition at Zhang Yuan in Shanghai, tracing nearly three centuries of high watchmaking mastery. The exhibition runs through July 20. Vacheron Constantin launches global exhibition in Shanghai – Vacheron Constantin Dubbed “The Quest: 270 Years of Seeking Excellence,” the immersive exhibition explores the brand’s legacy of

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Perfect Moment opens new European distribution hub in the Netherlands

Luxury skiwear and lifestyle brand Perfect Moment has opened a new European warehouse and distribution hub in the Netherlands, operated in partnership with Geodis.  Perfect Moment opens new European distribution hub in the Netherlands. – Perfect Moment The strategically located facility in Holland replaces the brand’s former warehouses in the UK and Hong Kong, which

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LVMH to sell Santa Barbara’s El Encanto hotel for $82.2 million

By Bloomberg Published July 7, 2025 French luxury giant LVMH Moët Hennessey Louis Vuitton SE is selling its only US hotel, the El Encanto in Santa Barbara, California. Bloomberg The 90-room property — in a coastal getaway northwest of Los Angeles — is being purchased by a partnership of brothers Justin and Tyler Mateen and

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