DIRS.INFO The most relevant business & tech news

The Adobe Creative Cloud price varies depending on whether you pay monthly or annually and whether you make a time commitment. With that in mind, we've broken it all down below, including the Adobe Creative Cloud price, individual app costs, and Adobe discounts for students and teachers. Adobe Creative Cloud (1-year subscription) $659.88 $719.88 Save 8% Adobe's Creative Cloud gives you access to every powerful Adobe application, including Photoshop, Illustrator, Premiere, and more. Creative Cloud (from $60/month): Everything except for Substance 3D apps(from $60/month): Everything except for Substance 3D apps Photography (from $20/month): Lightroom, Lightroom Classic, Photoshop, Photoshop Express, Adobe Firefly, and 1TB of cloud storage(from $20/month): Lightroom, Lightroom Classic, Photoshop, Photoshop Express, Adobe Firefly, and 1TB of cloud storage Adobe Substance 3D collection (from $50/month): Adobe Substance 3D Modeler, Sampler, Designer, Painter, Stager, and Assets(from $50/month): Adobe Substance 3D Modeler, Sampler, Designer, Painter, Stager, and Assets Adobe Substance 3D texturing (from $20/month): Adobe Substance 3D Sampler, Designer, Painter, and AssetsWho can get Adobe discounts? Companies and educational institutions can pay one discounted price for all their users or devices to receive Creative Cloud licensing.

Persons: there's, Painter Organizations: Business, Adobe, Photoshop, Creative

☆ This small business founder won't sell on Amazon. Here's what she does instead.
▼ + stars: | 2024-08-05 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Many emerging brands sell and advertise on Amazon to boost sales and attract new customers. But Kate Assaraf, founder of hair care brand Dip, says she has no plans to take that path. She's one of a chorus of small business owners who find selling on Amazon challenging. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But Kate Assaraf, the founder of hair care brand Dip, said she's resolved not to sell her products there.

Persons: Kate Assaraf, —, she's Organizations: Service, Business

☆ I tried J.Crew's new designer collaboration and found summer staples any cool girl would love
▼ + stars: | 2024-08-02 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +5 min

As part of its continuing evolution, J.Crew released a collaboration with Maryam Nassir Zadeh, a New York City-based brand, in July. Instead, they were scattered throughout the floor with pieces from other J.Crew lines. The skirt that fit my waist felt tight on my hips, while the skirt that fit my hips was too big at the waist. Overall, I was most impressed by the everyday items from J.Crew and Maryam Nassir Zadeh's collection, particularly the cotton pieces. They were so soft, lightweight, and versatile that I instantly wanted to make them staples of my summer wardrobe.

Persons: —, Abercrombie, J.Crew, Maryam Nassir Zadeh, Maryam Nassirzadeh, weren't, Samantha Grindell, Maryam Nassir Zadeh's Organizations: Service, Business Locations: New York City, Soho, York

☆ McDonald's new big burger is called the Big Arch. Branding experts say the name makes it sound superior to its rivals.
▼ + stars: | 2024-08-02 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

The new burger, the Big Arch, is currently being piloted in Canada and Portugal. By using a brand name rather than a descriptor — like calling it the Big Burger — companies can "signal superiority," Kerrigan said. "And so you elevate what is a big burger to a branded shiny thing." AdvertisementThe arches imagery is now returning to menus again, with the launch of the Big Arch and its accompanying Big Arch Sauce. "You show that you are in someone's club or part of their tribe by using the same kind of brand names," she said.

Persons: —, McDonald's, Finola Kerrigan, — you've, Kerrigan, David Hughes, didn't, Hughes, Birdie, Ronald McDonald Organizations: Service, Business, Birmingham Business School, Mac, Triple, Mayo, Burger, Imperial College London Locations: Canada, Portugal, California, Texas

Learn moreThe LG G4 is one of the most stunning premium displays I've tested. Judged against other 2024 models, the LG G4 is easily one of the best TVs you can buy for top-notch image quality. But the G4 is technically the best OLED TV LG has ever made. LG 65-inch G4 OLED 4K TV The G4 is one of the most impressive OLED TVs we've tested, but its benefits over last year's more affordable G3 are subtle. Steven Cohen/Business InsiderThe LG G4 delivers high-end image quality that's a clear step above cheaper TVs.

Persons: It's, HLG, Steven Cohen, I'm, you'll, steadying, it's, webOS Organizations: Business, LG, Amazon, Walmart, Dolby, HLG Smart, Sony, Samsung, Google, Disney, Luna

"While company reported 2Q results ahead of guidance on higher take-rate, weaker 3Q guidance and removal of FY GMS outlook suggest no near-term visibility," the analyst wrote. Etsy stock is 20% lower on the year but has increased 16% since July 8. Positively, AmEx did see slightly better [small or midsize enterprise] spend in Q2'24," wrote analyst Donald Fandetti. Bank of America lifted its price target to $563 from $555, while Citi increased its target to $580 from $555. Its price target of $220, up from $175, implies upside of 23% from Wednesday's close.

Persons: Morgan Stanley, Robinson, Brian, Ossenback, — Lisa Kailai Han, Oppenheimer, Jason Helfstein, Etsy's, Etsy, Helfstein, he's, Lisa Kailai Han, Wells, David Lantz, Lantz, Carvana, Raymond James, Brian Vaccaro, Vaccaro, AmEx, Donald Fandetti, Fandetti, Goldman Sachs, Ross Sandler, Andrew Percoco, Fred Imbert Organizations: CNBC, GE, JPMorgan, Carvana, TAM, Management, American Express, America Express, Meta, Wall Street, Goldman, Citi, Barclays, Bank of America, Google, GE Vernova, General Electric Locations: C.H, Etsy, Wingstop, Wells Fargo, Q2'24, 2H24, Wednesday's

☆ I shopped at Urban Revivo, Asia's answer to Zara. I'm a convert, but experts say Zara has nothing to worry about — yet.
▼ + stars: | 2024-07-31 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +7 min

Urban Revivo's fits felt way better than Zara'sThe author trying out basics from Zara and Urban Revivo. In contrast, Urban Revivo felt like it had intentionally curated its space with a flow in mind. Aditi BharadeUnlike Zara's bright lights, Urban Revivo was lit more dimly, creating a more relaxed environment. "Urban Revivo has a variety of products, but there is a 'sophomoric' feel to it," Angel said. They also say that it's too early to determine if Urban Revivo will be a true threat to Zara.

Persons: —, Urban, Zara —, Aditi Bharade, Revivo, Zara, Urban Revivo, de Matos, Zara doesn't, Marcie Cooperman, Gregory Angel, Parsons, Angel, Cooperman, Braz de Matos, Richard Tang, Tang, gunning Organizations: Service, Business, Zara, Urban, Fish Lab, Parsons School of Design, Flying Fish Lab, Fashion Momentum Locations: Zara, China, Southeast Asia, New York, London, Israel, Gaza, Jewel, Urban, cardigan, Singapore

☆ Stocks making the biggest moves midday: Walt Disney, Dexcom, McDonald's, On Semiconductor and more
▼ + stars: | 2024-07-29 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Revvity — The life sciences company advanced 6% after posting a second-quarter earnings beat. Revvity's adjusted earnings of $1.22 per share topped the FactSet estimate of $1.12 per share. The new Marvel movie topped $200 million at the domestic box office, a record opening weekend for an R-rated film. Second-quarter adjusted earnings per share came in at 96 cents, versus the expected consensus estimate of 92 cents, per FactSet. The stock plunged more than 40% in the previous session after Dexcom reported disappointing second-quarter results and offered weak guidance.

Persons: Tesla, Morgan Stanley, Adam Jonas, Walt Disney, Dexcom, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Jesse Pound, Samantha Subin Organizations: Management, Guggenheim, Ford, Deutsche Bank, Walt Disney —, Marvel, Semiconductor —, Revenue, Dexcom, Health Canada

☆ Why mathematicians are obsessed with this luxury chalk
▼ + stars: | 2024-07-29 | by ( Amelia Kosciulek | ) www.businessinsider.com time to read: 1 min

Hagoromo has been described as "the Rolls-Royce of chalk." The formerly Japanese, now Korean brand's chalk is known for its smooth consistency, its vibrancy, and being nearly dust-free. Luckily, Shin Hyeong-seok, a Korean schoolteacher and former seller of Hagoromo chalk, formed a relationship with the company's president, Watanabe Takayasu, and decided to take over. The transition wasn't easy, but Hyeong-seok's dedication to Takayasu's original formulas and methodology kept the brand alive. We visited Sejongmall, where Hagoromo chalk is made, to find out.

Persons: Hagoromo, Shin Hyeong, Watanabe Takayasu Organizations: Royce, Business Locations: Korean

☆ The reason why McDonald's stock is soaring despite a big earnings miss: Value meals
▼ + stars: | 2024-07-29 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

McDonald's global comparable sales fell 1% year-over-year last quarter, missing analyst estimates. The company plans to focus on value going forward as low income customers grow weary from inflation. McDonald's same-store sales fell 1% in the most recent quarter, marking the first decrease in same-store sales since 2020. Its net income for the quarter fell to $2.02 billion, down from $2.31 billion the year before. Low income customers, in particular, are shying away from fast food as inflation soas.

Persons: —, McDonald's, Chris Kempczinski, Joe Erlinger, Kempczinski Organizations: Service, Consumers Locations: New York, McDonald's, U.S

☆ Levoit LVAC-200 cordless vacuum review: A powerful stick vac with value that exceeds its budget-friendly price
▼ + stars: | 2024-07-29 | by ( Pauline Lacsamana | Jaclyn Turner | ) www.businessinsider.com time to read: +16 min

Levoit LVAC-200 Cordless Stick Vacuum Levoit's cordless stick vacuum offers great performance for the price. AdvertisementOur review of the Levoit LVAC-200 Cordless VacuumThe Levoit LVAC-200 is lightweight and easy to use, plus it can stand on its own, without a dock. This rings true for the Levoit LVAC-200 Cordless Vacuum. The LVAC-200 Cordless Vacuum is compact but packs a major punch with performance almost on par with the high-end vacuums I've tried. Some purchase-worthy alternatives are our best overall and budget-friendly picks, the Shark Stratos Cordless Vacuum and Hoover OnePWR Evolve Pet Elite Cordless Vacuum, respectively.

Persons: I'm, Levoit, Pauline Lacsamana, isn't, it's, Dyson, vacuums I've, scratchers, Cheerios, It's, I've, Sophia Carlisle, we've, Stratos, Hoover OnePWR, Hoover, Ken Doty Organizations: Business, Eco, micron, Shark, Hoover

☆ Miss USA Pageant Is Being Destroyed by Its Scandals
▼ + stars: | 2024-07-29 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +22 min

AdvertisementAccording to the longtime Miss USA official, the significant shift was ushered in by the former Miss Universe Organization president Paula Shugart, who produced the Miss USA, Miss Teen USA, and Miss Universe pageants from 2001 until 2020. Benjamin Askinas/The Miss Universe OrganizationCheslie Kryst, who won Miss USA in 2019, defended the #MeToo movement during her interview round. It was a remarkably different experience from those of past titleholders like Miss USA 2013 Erin Brady Colagiovanni and Miss Teen USA 2017 Sophia Dominguez-Heithoff. AdvertisementThough they were "brand ambassadors" of the organization, Voigt and Srivastava couldn't even post on the Miss USA and Miss Teen USA social-media pages. Advertisement"I don't know that Miss USA is relevant right now," the longtime Miss USA official said.

Persons: Noelia Voigt, Voigt, Miss Teen USA UmaSofia Srivastava, Crystle Stewart, Stewart, Max Sebrechts, Laylah Rose, We're, we're, Rose, Srivastava, Craig Barritt, Srivastava haven't, they'd, Kansas Haley Berger, Jackeline Voigt, Barbara Srivastava, Barbara, They'd, Jackeline, Srivastava's, Miss Colorado Arianna Lemus, Stephanie Skinner —, Kimberly Nicewonder, Miss Virginia, Paula Miles —, South Carolina —, Rose's, It's, Ryan Miles, Paula, she's, Brian Ach, Miss Rhode, We've, we've, Paula Shugart, Shugart, Amber Hulse, I've, Olivia Culpo, Donald Trump, Benjamin Askinas, Miss Universe Organization Cheslie Kryst, Kára McCullough, Kryst, Hulse, Miss Utah Noelia Voigt, Rachelle di Stasio, Miss Colorado, Lemus, Rachel Slawson, Merissa Underwood, Voigt's, Rose wouldn't, Noelia, Laylah, Claudia Michelle, Chance Yeh, Michelle, Miss USA's, Kimberly Clark, Erin Brady Colagiovanni, Sophia Dominguez, Colagiovanni, Dominguez, Heithoff, Srivastava couldn't, Amanda Jones, Jones, Terkel, — Organizations: Miss, Business, Miss Teen USA, Miss USA, Representatives, Teen USA, Miss Hawaii Savannah Gankiewicz, Miss Teen Virginia, New York, hiTechMODA, Miss Texas, Miss Rhode Island's, Miss Universe Organization, Fox, Miss USA Miss, New York Times, —, Supermodels, Miss Teen, CW Locations: Miss USA, USA, Miss, Miss Virginia, Alabama , Louisiana, North, South Carolina, Miss South Dakota, South Dakota, Utah, America

☆ I ranked every flavor of Tate's cookies, and the classic chocolate chip didn't make it anywhere near the top
▼ + stars: | 2024-07-29 | by ( Meredith Schneider | ) www.businessinsider.com time to read: +1 min

Tate's Bake Shop is a popular store-bought cookie brand, especially on the East Coast. I wasn't quite sure what to think of the lemon cookie, but I loved the salted-caramel flavor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAlthough I've always loved gooey cookies that melt in your mouth, I can understand why many of my friends prefer crunchy store-bought cookies since they'll never be fresh. I think Tate's Bake Shop has come closest to meeting that goal.

Persons: —, I've Organizations: Service, The, Business Locations: East Coast, The New York

☆ Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
▼ + stars: | 2024-07-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Shares in Gucci-owner Kering fell on Thursday, after the luxury group announced a sharp decline in revenue in the first half of the year and issued a weak forecast for the remaining six months of the year. Kering shares dropped as much as 9% as markets opened, trading around levels last seen in August 2017. "There was a marked deceleration in China, while trends did not improve greatly in North America and Europe," Kering added. Gucci posted the worst first-half performance of these brands, with revenue shedding 18% on a comparable basis. Kering is the latest in a series of luxury brands to log declines, with the world's largest luxury group LVMH reporting lower-than-expected sales earlier this week.

Persons: Gucci, Kering, Yves Saint Laurent, Bottega, Luca Solca, Bernstein, CNBC's, it's, Solca Organizations: Gucci, Wednesday, Japan Locations: New York City, London, Japan, China, North America, Europe

☆ The luxury outlook in China just keeps getting worse
▼ + stars: | 2024-07-25 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +4 min

Consumer spending in China has been improving "more moderately than before COVID-19," Luca Solca, a luxury goods analyst at Bernstein, told Business Insider. In its most recent quarter, Burberry's Chinese sales revenue declined 21% from last year. Massive discounts and online shoppingTo try to boost sales, luxury brands have given massive discounts to Chinese consumers. Luxury goods are still popular with wealthy Chinese shoppers — just not in China. Not all luxury brands are feeling the heat in China.

Persons: —, LVMH, Jean, Jacques Guiony, Luca Solca, Bernstein, Solca, Hugo Boss, Richemont, Cartier, Versace, Marc Jacobs, Damien Yeo, Yeo, TD Cowen, Guiony, Hermès Organizations: Service, Gucci, Business, Consumer, Swatch, Asia, Brands, Balenciaga, Bloomberg, Burberry, Fitch Solutions Locations: Asia, China, China , Hong Kong, Macau, Asia Pacific, Japan

☆ Chinese EV stocks drop after Tesla's earnings miss, General Motors delays EV plans
▼ + stars: | 2024-07-24 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

(Photo by Costfoto/NurPhoto via Getty Images)Shares of major Chinese electric vehicle companies dropped Wednesday after U.S. giant Tesla 's earnings fell short of analysts' estimates and General Motors delayed its EV plans. EV hype has been dwindling, as automakers from Tesla to General Motors scale back or delay their EV plans. Tesla shares closed 2.04% lower. Separately, General Motors on Tuesday said it was delaying further a second U.S. electric truck plant and the Buick brand's first EV. Investors were spooked by the pullbacks in growth businesses and General Motors' shares closed 6.42% lower on Tuesday despite solid financial results.

Persons: Tesla, Xpeng, Nio, Li Auto, Elon Musk, Musk Organizations: 21st Changchun International Automobile, Getty, U.S, General Motors, EV, Zhejiang Leapmotor, SAIC, Motors, Buick, Investors Locations: Changchun, Jilin province, China, Hong Kong, BYD, Zhejiang, U.S, Xpeng

☆ The latest 'it bag' comes from an under-the-radar fashion house that a millennial made cool again
▼ + stars: | 2024-07-24 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

To the canon of iconic luxury purses, we can now add the Holy Bag by Courrèges. In the months that followed, the Holy Bag quickly cemented itself as a celebrity "it bag." Hailey Bieber, pictured in NYC in June, is carrying a Courrèges Holy Bag. AdvertisementThe Holy Bag hits a sweet spot for different buyersThe stylists also said Courrèges designed the Holy Bag to cater to more than just a famous crowd. AdvertisementCharli XCX was spotted clutching a white version of the Holy Bag when it debuted at Paris Fashion Week in February.

Persons: —, Louis Vuitton, it's, Yael Quint, André Courrèges, Quint, Kris Jenner, Julia Fox, Chloe Fineman, Bourke, Hailey Bieber, Bottega Veneta's, Nicolas Di Felice's, Di Felice, Nicolas Di Felice, Victor Virgile, Nicolas, Courrèges, Edward Berthelot, Washington, I've Organizations: Service, Paris Fashion, Business, of Fashion Locations: Hermès, New York City, Los Angeles, Aisya Washington, New York, NYC, Washington

☆ This is what food on a new $675-per-day ultra-luxury cruise ship is like, from endless caviar to a sushi buffet
▼ + stars: | 2024-07-24 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Silversea invited me on a complimentary five-night cruise on its new 728-guest ship, Silver Ray. Food on the ultra-luxury ship includes a complimentary sushi lunch and a $180 tasting menu. AdvertisementThe food on a $675-a-day, ultra-luxury cruise ship is what you'd probably envision: caviar, lobster, and filet mignon. What you might not expect, however, is the cook-it-yourself restaurant, lunchtime sushi buffet, and a $180 tasting menu. In mid-June, ultra-luxury cruise line Silversea launched its 12th ship, Silver Ray.

Persons: Silversea, Silver Ray, Food, —, filet mignon Organizations: Service, Business

☆ At Camp Female Founders Fund in the Hamptons, women in tech and commerce toast another year of survival, deals, and Taylor Swift
▼ + stars: | 2024-07-24 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Anu Duggal, a founding partner of Female Founders Fund, launched the event during the pandemic to assuage some of the loneliness founders felt. AdvertisementEmily Middleton and Anu Duggal of Female Founders Fund share a laugh onstage during their opening remarks. Yumi Matsuo StudioSince its pandemic beginnings, Camp FFF has evolved into a rare and necessary sanctuary where female founders can connect and sometimes commiserate. Yumi Matsuo StudioIn the tasting room, guests set down cups of cold brew and picked up notebooks before taking their seats. Anu Duggal of Female Founders Fund traded the venture capital uniform of a Patagonia fleece vest for a flamingo-pink pantsuit.

Persons: —, Candace Bushnell, Anu Duggal, Lydia Fenet, Emily Middleton, Yumi Matsuo, Middleton, ChatGPT, Poppy Harlow, Kyle Leahy, Glossier's, Emily Weiss, Leahy, Taylor Swift, Matsuo, Arey, Allison Conrad, Melanie Goldey, Amanda E, J Morrison, Julie Products, Hayley Barna, Barna, Birchbox, Christie Horvath, Horvath, Stephanie Horton, Marina Organizations: Service, Fund, FFF, Business, Tally Health, Google Locations: Southampton , New York, Patagonia

☆ GM slows its EV plans again even as sales grow
▼ + stars: | 2024-07-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Barra's comments come a week after she raised concerns about GM hitting its North American EV production capacity target. The entire Buick brand has targeted being fully electric by 2030, as part of GM's plans to exclusively offer consumer EVs by 2035. GM previously announced plans for four of the multibillion-dollar plants in the U.S. by 2026. Barra on Tuesday said the company would grow cell production in a "meaningful cadence." GM CFO Paul Jacobson declined to discuss potential plans to delay or cancel the automaker's future EV battery cell plants, aside from the two facilities making cells in Ohio and Tennessee.

Persons: Motors, Mary Barra, Barra, Paul Jacobson, " Jacobson, EVs, Jacobson Organizations: DETROIT –, Buick, GM, American, Detroit, LG Energy, EV Locations: Detroit, DETROIT, U.S, Michigan, North America, Ohio, Tennessee

☆ Rivian's CEO has a theory for the slowdown in EV growth
▼ + stars: | 2024-07-23 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

The CEO said there's bias skewing conversations about EV growth and what's caused a slowdown. Tesla's Model Y remains the world's best-selling vehicle and the second most popular vehicle from the EV giant is the Model 3 sedan. "Maybe they wanted something that was a little bit bigger, but they got something that was more like the Model Y," Scaringe said. AdvertisementThe CEO said that similarly to the R1, Rivian's R2 is "very intentionally" "not trying all to be a Tesla Model Y." The model will cost $45,000, comparable to Tesla's Model Y, which starts at $43,000.

Persons: —, RJ Scaringe, haven't, Scaringe, Tesla, Rivian, It's Organizations: Service, Business, Tesla's, Tesla, EV

American Express issues four co-branded Hilton credit cards, but only one — the Hilton Honors American Express Card — has a $0 annual fee. Hilton Credit Card Benefits and FeaturesThe Hilton Honors American Express Card comes with a handful of useful perks that can improve your travel experience and save you money. Hilton Credit Card Annual Fee and Other CostsThe Hilton Honors American Express Card has no annual fee, so it's easy to keep without incurring a yearly cost. The Hilton Honors American Express Card is the only one of the four Hilton credit cards that charges a $0 annual fee. Methodology: How we reviewed the Hilton Credit CardBusiness Insider's credit cards team compared the Hilton Honors Amex to other co-branded Hilton credit cards, as well as similar no-annual-fee hotel credit cards from other chains like Marriott, IHG, Wyndham, and Choice.

Persons: Hilton, that's, you'd, you'll, Conrad, Hilton LXR, Hilton Tru, —, Cash, Amex Organizations: Business, Hilton Honors, Hilton, U.S, American Express, Honors, Express, Hilton Honors American, Hilton Honors American Express, Gold, Card, Chase Travel, Capital, Cardholders, Conrad Hotels, Resorts, Hilton DoubleTree, Hilton Embassy, Inn, Hilton Hilton Hotels, Garden Inn, Hilton Homewood, Hilton Signia, Hilton Tempo, Hilton Waldorf Astoria Hotels, Tru, Conrad, Amazon, Hilton Gold, Chase, Amex, Marriott, IHG, Global, American, Hilton Credit Card Locations: U.S, Hilton, Hampton, Conrad Maldives, Falls, Kansas, IHG

☆ Americans Still Shop for Luxury Items in Physical Stores, Not Online
▼ + stars: | 2024-07-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

It found that people generally have a strong preference for a brick-and-mortar experience when buying luxury items. Online luxury sales picked up during the pandemic but have since come back down to earth. The overarching theme is that many consumers haven't warmed up to shopping luxury — namely, ultra-luxe items and brands — online. AdvertisementWe try to treat luxury with the same e-commerce experience we use for paper towels, and that just doesn't work. For the most part, luxury brands prefer that customers would rather shop in-store.

Persons: Gen Z, Claire Tassin, haven't, Jason Goldberg, hasn't, Goldberg, Luca Solca, Solca, Nora Kleinewillinghoefer, Prada, Tassin, Louis Vuitton, Kleinewillinghoefer, Emily Stewart Organizations: Walmart, Morning, Moda, Groupe, Bernstein, Bain & Company, Burberry, Gucci, luxe, Companies, Amazon, Business Locations: —, Kearney

☆ Duolingo Is the Meanest App in the App Store. Gen Z Loves It.
▼ + stars: | 2024-07-23 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

After all, I knew perfectly well what I'd signed up for: learning Portuguese from the biggest asshole on the App Store. It might be an overstatement to call tough love the secret sauce for engaging Gen Z customers. It followed that in 2023 with a send-up of personal-injury-attorney TV ads: "Lawyer Fights Duolingo Owl for $2,700,000." Despite the research, Duolingo insists its guilt-tripping notifications do the trick of enticing people to drop whatever they're doing to log on to the app. When Duolingo's head of product, Cem Kansu, posted a thread in 2020 about the success of "the passive aggressive reminder," several unhappy Duolingo users chimed in.

Persons: I'd, — Locations: Lisbon

☆ Saks Fifth Avenue in San Francisco will require all shoppers make an appointment. The controversial move could solve a major headache.
▼ + stars: | 2024-07-23 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

Read previewSaks Fifth Avenue shoppers visiting the brand's San Francisco store may need something they previously haven't: a reservation. AdvertisementThese appointment-only stores also require fewer staff, and the San Francisco Chronicle reported that the company will lay off an unspecified number of workers. Just as Union Square is a major center of retail in San Francisco, it has also been a statistical epicenter of retail crime. Advertisement"This move is essentially about Saks trying to make the San Francisco store work better," Saunders told BI. The San Francisco Standard spoke with several shoppers in the area who expressed disappointment at Saks becoming less accessible to regular people.

Persons: —, Larry Bruce, Neiman Marcus, Amanda Lai, McMillanDoolittle, Neil Saunders, Saunders, Breitling, Lange, Söhne, Patek Philippe, Emily Stewart Organizations: Service, Saks, Business, Gucci, San Francisco Chronicle, Nordstrom, Rolex, San Francisco Locations: San Francisco, Napa, Palo Alto, Las Vegas, L.A, New York, Union, Switzerland

Search resuls for: "Brand's"

25 mentions found