Latest News

  • Starbucks pays farmers an additional $20 million to keep coffee crisis at bay

    Starbucks pays farmers an additional $20 million to keep coffee crisis at bay

    Managed, Friday, 11 October 2019

    Starbucks, the world’s coffeehouse kingpin, has a problem: as coffee prices tumble, the providers of its high-quality beans are suffering an outsize hit to their competitiveness. The reason that this is a problem is simple: if the farmers that supply ...
  • LVMH reaffirms its green credentials – as well as its optimism

    LVMH reaffirms its green credentials – as well as its optimism

    Luxury, Thursday, 10 October 2019

    The world’s largest luxury company, LVMH, has pledged to improve its environmental credentials in a bid to keep younger consumers on-side. The company is planning to cut emissions again, and improve its sourcing on materials like animal fur. Despite this ...
  • Live Nation acquires Hog agency in Finland

    Live Nation acquires Hog agency in Finland

    Luxury, Wednesday, 09 October 2019

    World-leading music promoter Live Nation has continued its spate of acquisitions with Finnish competitor Hog Agency & Promotion. Hog is a key player in Finland, and represents some of the country’s most popular homegrown talent: Olavi Uusivirta, Adi L ...
  • PayPal wins major victory with entrance into China

    PayPal wins major victory with entrance into China

    Ecommerce, Tuesday, 08 October 2019

    Online payments giant PayPal has managed to accomplish what everyone’s trying to do: it’s found a way into China. The world’s most populace country is a prize that firms in almost every industry are competing for. Its staggering amount of economic ...
  • Richemont acquires Jewellery brand Buccellati

    Richemont acquires Jewellery brand Buccellati

    Luxury, Monday, 07 October 2019

    At the end of September, luxury giant Richemont announced a new purchase: high end jewelry brand Buccellati. The conglomerate said that it had purchased 100% of the renowned Italian jewelry house for an undisclosed price, and that the transaction would have ...
  • Adobe has a strong third quarter… but weaker than hoped for guidance upsets investors

    Adobe has a strong third quarter… but weaker than hoped for guidance upsets investors

    Ecommerce, Friday, 04 October 2019

    Adobe, the software giant that pretty much owns the creative space in digital, reported third-quarter earnings last month that overshot analysts’ expectations. Despite this win, the maker of programs like Photoshop and InDesign saw its share price decline. ...
  • Tencent’s nationalist homage sees it top Chinese gaming charts

    Tencent’s nationalist homage sees it top Chinese gaming charts

    Ecommerce, Thursday, 03 October 2019

    Earlier this week, China celebrated 70 years of Communist Party rule. And Tencent, the country’s most powerful force in video gaming (and, lets be fair, probably the world’s most powerful, in terms of sheer financial clout), has been quick to take ...
  • Nike shares hit new record on better-than expected fiscal year

    Nike shares hit new record on better-than expected fiscal year

    Luxury, Wednesday, 02 October 2019

    The king of sporting footwear has done it again – beaten the Street, and sent its share price up. Last week, it reported earnings for fiscal 2020, showing that new products and investments into ecommerce had driven sales up. On the company’s earnings ...
  • Galaxy throws more sponsorship at Japan, as integrated resorts get closer to reality

    Galaxy throws more sponsorship at Japan, as integrated resorts get closer to reality

    Luxury, Tuesday, 01 October 2019

    Gaming giant Galaxy Entertainment Group is continuing to ingratiate itself with Japanese consumers as the country’s new gaming sector moves closer to realisation. Japan has been a no gambling territory for years, but that’s set to change. Relaxation of ...
  • Netflix takes on the big boys of cinema with an unlikely partnership

    Netflix takes on the big boys of cinema with an unlikely partnership

    Ecommerce, Monday, 30 September 2019

    Streaming video on demand market leader Netflix’s business model is simple: take as much compelling content, and put it directly on a small screen (any small screen) in the customer’s home. In many ways, legendary director Martin Scorsese’s ...
  • Amazon unveils new slew of hardware

    Amazon unveils new slew of hardware

    Ecommerce, Friday, 27 September 2019

    Ecommerce giant Amazon has unveiled a wide range of new hardware options, taking what some commentators feel is a “shotgun” approach to product targeting: throw out everything you can think of, and see what sticks. Given the fast-increasing penetration ...
  • Take-Two boss: do players want “all-you-can-eat”?

    Take-Two boss: do players want “all-you-can-eat”?

    Luxury, Thursday, 26 September 2019

    Strauss Zelnick, the man at the top of market-leading video game company Take-Two Interactive, is sounding a note of caution over subscription services in gaming. And he’s worth listening to. Not only is he CEO of the company that’s behind breakout ...
  • Facebook gets proactive about security – suspends “tens of thousands” of third-part apps

    Facebook gets proactive about security – suspends “tens of thousands” of third-part apps

    Ecommerce, Wednesday, 25 September 2019

    Social media giant Facebook made more than its fair share of enemies in early 2018. The platform’s security measures (which have since been updated) allowed a researcher to harvest data from 87 million users (against Facebook’s code of conduct, it should ...
  • Louis Vuitton adds 1,500 jobs in France thanks to luxury boom

    Louis Vuitton adds 1,500 jobs in France thanks to luxury boom

    Luxury, Tuesday, 24 September 2019

    Luxury is in a good place. At least, that’s the message that Louis Vuitton, flagship brand of the world’s largest luxury company, LVMH, is sending. The iconic French company has announced that it’s creating 1,500 more luxury manufacturing jobs in ...
  • Netflix takes the challenge to UK TV

    Netflix takes the challenge to UK TV

    Ecommerce, Monday, 23 September 2019

    Streaming video on demand (SVOD) market leader Netflix has a clear plan to capture international audiences: create shows directly for them. The company will continue to produce nationally and locally appealing films for a variety of countries around the world, ...
  • Xylem Inc expands Planet Water Foundation partnership

    Xylem Inc expands Planet Water Foundation partnership

    Managed, Friday, 20 September 2019

    Xylem Inc., the global leader in water technology, has announced the extension of its Planet Water Foundation partnership. The Planet Water Foundation is a non-profit focussed on delivering clean water access and hygiene education to areas that lack these ...
  • Facebook pushes forward with blockchain ambitions

    Facebook pushes forward with blockchain ambitions

    Ecommerce, Thursday, 19 September 2019

    Social media giant Facebook is continuing its push towards the creation of its own cryptocurrency, Libra. The company is just one of many in a consortium that includes big names like PayPal and Mastercard which is seeking to use blockchain technology to create the ...
  • Amazon ramps up Indian endeavour

    Amazon ramps up Indian endeavour

    Ecommerce, Wednesday, 18 September 2019

    Just a week after reporting on Amazon’s biggest ever investment into India, we’re taking another look at the ecommerce giant’s expansion in the Indian market. On Monday, the company announced its “biggest festive sales in India”. Titled ...
  • Ferrari remains resolute that it will not compromise exclusivity

    Ferrari remains resolute that it will not compromise exclusivity

    Luxury, Tuesday, 17 September 2019

    Luxury supercar maker Ferrari is on a winning streak. For years, its shares have risen consistently. And even the untimely death of the late Sergio Marchionne, the brand’s “superstar CEO” wasn’t able to derail this trajectory for more than ...
  • Spotify reignites music label ambitions with SoundBetter acquisition

    Spotify reignites music label ambitions with SoundBetter acquisition

    Luxury, Monday, 16 September 2019

    Music streaming market leader Spotify used to offer artists a direct route to listeners. Earlier this year, it closed that down, in a move that many interpreted as failure (or, more charitably, strategic withdrawal). Spotify had used this program to cut music labels ...
  • Baidu overtakes Google to become number 2 in worldwide smart speaker market

    Baidu overtakes Google to become number 2 in worldwide smart speaker market

    Managed, Friday, 13 September 2019

    Guess what? Chinese internet giant Baidu has just hit a major milestone, surpassing Google’s sales of smart speakers and propelling itself into the number two position globally! A new report from Canalys says that Baidu overtook Google in the second quarter of ...
  • Grubhub gets a major new partner in fast-food delivery war

    Grubhub gets a major new partner in fast-food delivery war

    Ecommerce, Thursday, 12 September 2019

    In the fast food world, there are a handful of names that tower over their peers like giants. One such name is McDonald’s – a brand that casts a shadow over anyone else who can cook a burger at speed. Now, food order and delivery service Grubhub has ...
  • Constellation Brands: as Millennials have kids, they’re drinking more

    Constellation Brands: as Millennials have kids, they’re drinking more

    Luxury, Wednesday, 11 September 2019

    According to new research from Constellation Brands, aging Millennials are turning to the bottle as they have families. The alcoholic beverage giant, which is behind premium cerveza lager brands like Corona as well as numerous wines and spirits, says that an uptick ...
  • Good news continues for Anta Sports with record-breaking first half

    Good news continues for Anta Sports with record-breaking first half

    Luxury, Monday, 09 September 2019

    It’s been a great year so far for Anta Sports. The Chinese athleisure giant, which is increasingly being seen as a serious competitor for established companies like Nike, is a real home-grown success story. Major western brands once dominated the Chinese ...
  • Amazon has opened its largest ever building – but it’s not in the US

    Amazon has opened its largest ever building – but it’s not in the US

    Ecommerce, Monday, 09 September 2019

    Ecommerce giant Amazon is setting its sights on a huge new market outside of the US – at least, the fact that it’s opened its largest-ever building in Hyderabad, India, seems to suggest as much. To be fair, Amazon’s Indian ambitions aren’t ...
  • Why Nike’s divisive advertising got it right

    Why Nike’s divisive advertising got it right

    Luxury, Friday, 06 September 2019

    A year ago, Nike did the unthinkable: it waded into a massive and controversial debate over whether athletes should stand for the US National Anthem. This debate was fuelled by racial tension and political divide – a smart brand would stay out of it. Right? ...
  • Tencent beats on profit, misses on revenue

    Tencent beats on profit, misses on revenue

    Ecommerce, Wednesday, 04 September 2019

    Last month, Chinese ecommerce giant Tencent, undoubtedly the country’s dominant force in both gaming and social, reported mostly positive earnings for its second quarter. Despite an outsized beat on profit expectations, Tencent’s shares didn’t ...
  • Investment Outlook for September 2019

    Investment Outlook for September 2019

    All News, Tuesday, 03 September 2019

    In spite of widespread publicity surrounding the probability of a global recession (often accompanied with downgrades of growth projections), and increased uncertainties surrounding international trade and the robustness of growth trends, underlying structural ...
  • LVMH wants to help save the rainforest

    LVMH wants to help save the rainforest

    Luxury, Monday, 02 September 2019

    You will be well aware of the tragedy encompassing the Amazon Rain Forest, as wildfire runs rampant through what has been called the “lungs” of the Earth. The G7 has pledged financial support in the Amazon’s time of need (although Brazilian ...
  • Amazon Prime Video looks to colonise the continent

    Amazon Prime Video looks to colonise the continent

    Ecommerce, Friday, 30 August 2019

    Amazon Prime Video is making its European debut thanks to a new deal between Amazon and Altice Europe. The latter partner will be making Prime Video available to its SFR customers in France, including the app in its TV box. This is a big deal for Amazon, which is ...