Ikea’s foray into secondhand furniture is the ‘smarter’ thing to do—but scaling it up will be a challenge, says group CEO Jesper Brodin

Despite the challenges and less than developed market for pre-owned goods, it’s here to stay, says the Ingka Group CEO. Read More

L’Oréal is launching a device that’ll tell you exactly what your skin needs (and doesn’t) so you don’t ‘audition’ products

L’Oréal’s Cell BioPrint can give people precise data on how inflamed, aged or dry their skin is prone to be, pointing them to the right products. Read More

Hermès may be nearly 200 years old. But astronomical growth means it’s ‘an old lady with startup issues,’ its artistic director says

Hermès doesn’t belong in the world of speed and mass production. But that doesn’t mean it won’t change how it operates over time as startups do. Read More

Nestlé price increases went ‘too far,’ chairman admits

Unrelenting inflation in the aftermath of the pandemic forced consumer companies like Nestlé to hike prices. But the Swiss company may have gone too far. Nestlé has already started to…

PwC survey: Next Great Resignation wave driven by overworked, underpaid employees

This story was originally published on 25 June 2024. Verdicts on the Great Resignation of the pandemic years may need to wait.  More people are now mulling their options as…

LVMH CFO is convinced becoming more affordable isn’t the company’s path forward

There’s no way to sugarcoat it—LVMH is in trouble. The French giant’s third-quarter revenue fell by 3%, slipping below analyst forecasts and punctuating the state of the luxury industry.  LVMH,…