Glossy Research: 1 in 4 executives expects AI to replace jobs within their company in the next 12 months Our research team surveyed dozens of business workers about how their companies are using AI, where they'd rank their companies' AI efficiency and how likely AI is to replace jobs at their companies in the near future.
Can Kering’s comprehensive plan really turn things around? On the Glossy Podcast, senior fashion reporter Danny Parisi and international reporter Zofia Zwieglinska discuss what was wrong with Kering's previous strategy, what new CEO Luca de Meo's new plan entails, and how likely it is to succeed.
Fashion Briefing: Why Rolex discontinued one of its most iconic and coveted watch models The discontinuation of the Pepsi watch is a "seismic moment" in the watch industry that will be discussed for decades, experts say.
Glossy Research: 3 out of 4 brand leaders are using AI for data analysis, but ROI on AI spend remains modest At our AI Marketing Strategies event, Glossy surveyed dozens of business leaders about how they use AI and the results they've seen so far.
Cider joins Revolve and Shein as online fashion brands open permanent retail stores The Los Angeles-based fashion brand Cider has spent the last five years growing its online business and establishing itself as a go-to affordable competitor to brands like H&M and Shein. Now, after years of testing, Cider has opened its first permanent store in its hometown of Los Angeles.
The 5 fashion rules for wearable tech Wearable tech, especially targeted toward a mainstream or fashion audience, has been hard to crack. For every successful product like the Meta Ray-Bans, there have been expensive flops like Google Glass and Apple's Vision Pro.
Fashion Briefing: Gold prices are skyrocketing, squeezing the jewelry industry’s margins in uncomfortable ways The last year has seen the price of gold skyrocket, thanks to steady inflation and tensions in the Middle East. In January, gold futures surpassed $4,900 for the first time in history and briefly reached $5,500. Now, many analysts are predicting that the price could top $6,000 by the end of the...
Hermès’ sales hit a slowdown thanks to ‘geopolitical developments’ in the Middle East In Hermès' earnings, its performance missed estimates. Sales growth was 5.6% year over year, but analysts had been expecting growth of over 7%. And total revenues were $4.8 billion, compared to an estimated $4.9 billion.
‘Not just the 1%’: How JCPenney is banking on the lower part of the K-shaped economy to fuel its turnaround Catalyst Brands has been on a mission to turn JCPenney around after a long, slow sales decline in recent years.