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Sales of luxury watches worldwide are estimated at about $30 billion this year, according to market research firm IMARC Group. A Zenith luxury watch at 2024 Watch Week in Miami. A Bulgari Serpenti Secret watch at 2024 Watch Week in Miami. A TAG Heuer luxury watch at 2024 Watch Week in Miami. A Zenith luxury watch at 2024 Watch Week in Miami.
Persons: Louis Vuitton, Bulgari, Dior, Frederic Arnault, LVMH, Bernard Arnault, CNBC Frederic Arnault, Benoit de Clerck, Jean, Christophe Babin, Babin, women's, , Diamant, Tourbillon, Julien Tornare Organizations: IMARC, TAG, Zenith, CNBC, LVMH's, Executives, CNBC LVMH, CNBC TAG, Carrera, TAG Heuer Locations: Miami, America, U.S, Swiss, LVMH
This week, while completing a press tour around New York for the FX series, “Feud: Capote vs. the Swans,” Demi Moore was hardly seen without her 1.5 pound dog, Pilaf, nestled in her elbow. “She is a treasure, she’s like my little extra heart.”On Monday, Moore was spotted again with her dog, Pilaf, this time in Tribeca. During the height of her influence, Paris Hilton was regularly seen with a fleet of chihuahuas in tow. Wearing a Versace lace tailored blazer dress, Moore held Pilaf like a tiny fluffy clutch bag. Moore is known to adopt and foster abandoned puppies (she currently has 10 at her home in Idaho) and is staunchly anti-puppy farms.
Persons: ” Demi Moore, Pilaf, Moore, Stephen Colbert — Pilaf, , Colbert, lister, Paris Hilton, Elle Woods, Hilton, Bruiser, Lindsay Lohan, Gucci, Blake Lively’s, James Devaney, WireImage, Louis Vuitton, chihuahuas, Pedro Pascal, Jeremy Allen White, Versace Organizations: CNN, Swans, Gotham Locations: New York, chihuahua, Tribeca, maltese, Idaho
(Photo by Edward Berthelot/Getty Images)Many of the world's major fashion brands are failing to address forced labor in their supply chains, according to a report, with French luxury giant LVMH among the worst performers. The research from KnowTheChain, an organization focused on forced labor in supply chains, analyzed 65 companies for exposure to forced labor risk. Guiding Principles on Business and Human Rights, KnowTheChain said companies scored on average 21/100. "They remain largely reactive to human rights violations, rather than evidencing robust, embedded human rights and environmental due diligence practices designed to prevent them," it added. "As such, it demonstrates that a corporate strategy which embeds human rights due diligence does not have to come at the cost of long-term sustainable growth or investor returns."
Persons: Louis, Yayoi, Louis Vuitton, Edward Berthelot, KnowTheChain, Veronique Rochet Organizations: Louis Vuitton's, Human, Puma, Adidas, P Retail, CNBC, PUMA, Fair Labor Association, Fair Labor Locations: Paris, France
So what is "quiet luxury"? Quiet Luxury's outperformance over Loud Luxury in 2023. "Hence, in 2023, quiet luxury companies notably outperformed their loud peers by 23% points. According to DBS, a company fall under its categorization of "quiet luxury" if it's understated and focused on high quality, while maintaining exclusivity and scarcity. Loud luxury not in vogue
Persons: Karin Teigl, Kelly, Baum, Jeremy Moeller, Miu Miu, Brunello, Hou Wey Fook, Hermes, LVMH Moët Hennessy Louis Vuitton, Markus Hansen, Hansen, Goldman Sachs, Organizations: Getty, DBS Bank, Financière Richemont, Swatch Group, DBS, Richemont, Swatch, CNBC, U.S Locations: VIENNA, AUSTRIA, Asia, South Korea, Japan, India
The company's results showed that despite some resumption of overseas travel, more of China's consumers are buying luxury products at home. watch nowThe mainland China personal luxury market grew by about 12% last year to more than 400 billion yuan ($56.43 billion), according to consulting firm Bain & Company. "All of that data points to the importance of the Chinese luxury consumer and the China market," she told CNBC. Luxury brands have increasingly turned to online channels to ensure customer engagement, said Xing from Bain. As companies compete for a slice of the Chinese consumer market, one emerging segment is bedding and fine linen.
Persons: Louis Vuitton, they're, LVMH, Bernard Arnault, that's, Bain, Weiwei Xing, Cartier, Richemont, Burkhart Grund, Xing, Ding Shizhong, Ashley Dudarenok Organizations: Future Publishing, Getty, BEIJING, Bain & Company, CNBC, Consumers Locations: Shanghai, China, Hong Kong, Greater China, Macao, Bain
Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. This material is for illustration and discussion purposes and not intended to be, nor construed as, financial, legal, tax or investment advice. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: bellwether LVMH Moet Hennessy Louis Vuitton, IEUR Organizations: Fairlead, CNBC Pro, Securities Locations: Europe, IEUR, Japan
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023 annual results of LVMH in Paris, France, January 25, 2024. LVMH shares jumped more than 8% on Friday morning, after the world's largest luxury group posted higher-than-expected sales for 2023 and raised its annual dividend. The result was boosted in particular by 14% annual growth in the critical fashion and leather goods sector, along with 11% growth in perfumes and cosmetics. After a boom during the pandemic, the luxury sector endured a rough end to 2023 as challenging geopolitical and macroeconomic conditions weighed on consumer spending, particularly in the U.S. and China. Javier Gonzalez Lastra, portfolio manager of the Tema Luxury ETF, told CNBC on Thursday that investors are trying to gauge where the bottom of the earnings cycle revision is for the luxury sector.
Persons: Bernard Arnault, LVMH Moet Hennessy Louis Vuitton, LVMH, Louis Vuitton, Hennessy, Bulgari, Javier Gonzalez Lastra Organizations: LVMH, Chandon, Givenchy, Novo Nordisk, Burberry, CNBC, Paris Locations: Paris, France, U.S, China, LVMH, Tema
Writer Lola Méndez moved to New York City in 2009 to finish her college degree. AdvertisementWhen I moved to New York City from Los Angeles in 2009 to finish my college degree, I was stunned at how much more expensive rent is in New York City and how little you get for the hefty price. I paid rent from scholarship funds, grants, and student loans. I was living in studios in New York, but it wasn't sustainableI paid $1,300 for a tiny studio on 64th and West End in 2009. AdvertisementI thought I had to live in New York to be successful, but it wasn't worth the lack of saving in my 20s.
Persons: Lola Méndez, Méndez, , Louis Vuitton, I've, New York I'm, haven't, Chaing, I'm Organizations: Service, West Hollywood, NYPD Locations: New York City, Los Angeles, West, New York, Lower, Stanton, Ludlow, Manhattan, Uruguay, California, Madrid, Chaing Mai, Thailand, Vietnam, Montevideo, Puerto Vallarta, Mexico
Marketing is driving culture as promotional campaigns overshadow the offerings they seek to elevate — in fashion, music, art and film. With fashion weeks taking place around the world and awards season well underway, the hype machine is operating at full throttle. Fashion houses seemingly no longer hire creative directors for their design skills or aesthetic vision but for their marketing prowess. For Louis Vuitton, however, the show was an unqualified success: The star-studded spectacle attracted over a billion online views. But now the hype often precedes and overwhelms the product, to the point that the product seems almost irrelevant to its own success.
Persons: ” Sidney Toledano, Dior, Pharrell Williams, Williams, Louis Vuitton, Cathy Horyn, it’s, , , Pietro Beccari, ” “ Barbie, Barbiemania, Josh Goldstine Organizations: Warner Bros
Paris CNN —The Fall-Winter 2024 menswear shows in Paris saw the return of Balmain Homme after a four-year absence, Givenchy’s first collection since Matthew Williams’ departure and the runway debut of fashion company 032c. Je T’imbsParis fell hard for Timberland’s iconic six-inch yellow boots last week, in what is the heritage American brand’s 50th anniversary year. They look Black, they look Native American.”Shoes as armorIn many collections this season, sneakers were swapped for more formal footwear options. Models at Balmain Homme wore shiny black block-heeled boots encrusted with crystal detailing or monochrome square-toed wingtip boots with loose-cut trousers in bold colors. Ballet dancer Rudolf Nureyev provided inspiration from the ground up for Kim Jones' Dior Homme collection.
Persons: Givenchy’s, Matthew Williams, Aaliyah, Tupac, B.I.G —, Louis Vuitton, Wales Bonner, Vuitton, Francois Durand, Pharrell Williams, Timbs ”, , Maisie Willoughby, “ Howard ”, Ik, Rhude, Mike Amiri, Grandpa cardigans, Louis, ” Williams, , Shutterstock, Rick Owens, Valerio Mezzanotti, Van Noten, Kim Jones, Dior Homme, Straytukay, Owens, Balletcore, Balletcore ”, Dior, Rudolf Nureyev, Jones ’, Colin Jones, Jones, Valentino’s Pierpaolo Piccioli, Valentino, Pierpaolo, Givenchy —, Matthew M, Williams, , Hubert de Givenchy’s Organizations: Paris CNN, Balmain Homme, American, Louis, Getty, Vuitton, Wales, Ivy, Black Howard University, Lakota, Vogue Locations: Paris, Italy, Washington, Wales, American, Los Angeles, Amiri's, Dakota, Van, Belgian, London, Russian, Givenchy
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThere are countless luxury handbags in the world — but it seems like everyone carries the same designs. This story is available exclusively to Business Insider subscribers. Or maybe you know multiple people who carry the same Loewe Puzzle bags and quilted Bottega Veneta purses. So here are a few options to help you quietly flaunt your style and status without blending into the crowd.
Persons: , totes, Louis Vuitton Organizations: Service, Business
Read previewBernard Arnault, the world's third-richest person, is set to appoint two more of his children to LVMH's board, France's La Lettre first reported. The French billionaire plans to propose his sons Alexandre Arnault, 31, and Frédéric Arnault, 29, as board members, the reports say, quoting unnamed sources. Four of Arnault's five children will sit on the LVMH board if their appointments are confirmed. Arnault cofounded LVMH in the 1980s and is its CEO and chairman. In May 2023, he became the third person to be worth more than $200 billion, according to the Bloomberg Billionaires Index.
Persons: , Bernard Arnault, France's, Alexandre Arnault, Frédéric Arnault, Delphine, Bernard's, Antoine, It's, Arnault hasn't, LVMH, Alexandre, Vianney Le Caer, Louis Vuitton, Dior, Marc Jacobs, LVMH didn't, Donald Trump, he'd, Frédéric, Delphie, Dior Couture, Jean, Louis Vuitton's, Arnault, Elon Musk, Jeff Bezos Organizations: Service, Bloomberg, The Financial Times, Business, Novo Nordisk, Tiffany, New York Times, Mar, TAG, Christian Dior, Elon Locations: French, Danish, Swiss, LVMH
PARIS (AP) — Paris Men’s Fashion Week, ending Sunday, has witnessed a striking dichotomy of styles. Here are some highlights of fall-winter 2024 men's shows:SACAI’S BOLD WARRIOR CHICAs the sun set on Paris Menswear Week, Sacai, Japan’s commercial juggernaut in the fashion world, delivered imaginatively. This season’s Paris Men’s Fashion Week traveled from the elegantly understated to the boldly expressive. In contrast with this muted luxury, Balmain made a striking comeback to men’s fashion with a lineup that screamed opulence. Menswear week showcased the dual nature of men’s luxury fashion, oscillating between the quietly sophisticated and the unapologetically extravagant.
Persons: Chitose Abe, Abe’s, WOOYOUNGMI’S, Naomi Campbell, Rick Owens, Owens, Jamie Dornan, Zayn Malik gracing, Loewe, Louis Vuitton, Yohji, Wim Wenders, Norman Reedus, Zinédine Zidane Organizations: PARIS, Paris, AMI, Balmain Locations: Paris, Paris Seoul, PARIS
Opinion | Can the MAGA Shrew Be Tamed?
  + stars: | 2024-01-20 | by ( Maureen Dowd | ) www.nytimes.com   time to read: 1 min
Maureen Dowd has a cold. Not quite the same ring as “Frank Sinatra Has a Cold,” Gay Talese’s legendary 1966 Esquire profile of the crooner. So on caucus night, I stayed in my hotel room watching TV and munching on Cheez-Its, flipping between wins and losses in Hollywood and Iowa. There wasn’t any custom Louis Vuitton on display in the frozen tundra of Iowa, but there were some parallels — beyond the abysmal turnout for both shows. The Emmys did a tribute to “The Sopranos” and James Gandolfini.
Persons: Maureen Dowd, Frank Sinatra, Gay, Louis Vuitton, James Gandolfini, Donald Trump, Gravano, John Gotti Locations: Des Moines, Hollywood and Iowa, Iowa
CNN —The breakout star of hit series “The Bear,” has proven that her ability to dazzle extends well beyond the screen. Over the last two weeks, Ayo Edebiri has taken home a Golden Globe, a Critics’ Choice award and a Primetime Emmy for her portrayal of Sydney Adamu — swapping her chef’s whites for some seriously good red carpet looks. The 28-year-old, Boston-born actor has been bringing joy to the red carpet for a couple of years now, with her adventurous approach to red carpet dressing. Neilson Barnard/Getty ImagesThe Critics Choice Awards on January 14, 2024, called for a white suit by The Row. Amy Sussman/WireImage/Getty ImagesIn Thom Browne, one of Ayo Edebiri's labels of choice, this time with a train at the Critics Choice Awards on January 15, 2023.
Persons: , Ayo Edebiri, Sydney Adamu —, Danielle Goldberg —, Mary, Kate, Ashley Olsen —, Kaia Gerber, Olivia Rodrigo, Greta Lee, Thom Browne, Loewe, ” Edebiri, , that’s, Edebiri, Louis Vuitton, Neilson Barnard, Bauer, Griffin, Versace, Rodin, Steve Granitz, Schouler, Michael Buckner, Dan Doperalski, Dimitrios Kambouris, Valentino, Frazer Harrison, la, , Amy Sussman, WireImage, Bode, Rosie Assoulin, Giambattista Valli, Mike Coppola, Loewe's, Taylor, Gilbert Flores, suiting Organizations: CNN, Globe, , W Magazine, Getty, BAFTA Tea Party, Dior Haute Couture, Motion, Arts & Sciences, Variety, Golden Globe, Prada, Lincoln Center, Axelle, Screen, HCA Locations: Boston, Los Angeles, New York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Decked out in a custom molded Louis Vuitton gown, Edebiri spoke with E! But she told Cox that her aspirations when she was younger weren't quite as high as becoming an awards-season darling. Related stories"She didn't dream of nights like this," Edebiri said of her younger self, reflecting on what message she'd pass on. "And also, 'You get to wear custom Vuitton every now and again, and it's pretty cute,'" Edebiri said.
Persons: , Ayo Edebiri, Louis Vuitton, Edebiri, Laverne Cox, Cox, We've Organizations: Service, Business, Sydney, Golden Globes, Globes
Kate Moss at 50: A supermodel through the decades
  + stars: | 2024-01-16 | by ( Amy Woodyatt | ) edition.cnn.com   time to read: +7 min
CNN —British supermodel Kate Moss turns 50 today — and she remains as much a cultural icon as when she emerged as a breakout star more than three decades ago. Johnny Green/PA/Getty Images Kate Moss and her then-boyfriend, the actor Johnny Depp, attend the Golden Globe Awards in 1995. Dave M. Benett/Getty Images Kate Moss and Jamie Hince pose with bridesmaids after getting married on July 1, 2011 in Southrop, England. Jewel Samad/AFP/Getty Images Moss arrives for a screening of the movie "Loving" at the 2016 Cannes Film Festival. Scroll through the gallery above to see some of the most memorable moment’s from Kate Moss’ life and career.
Persons: Kate Moss, Moss, it’s, , Corinne Day, Cindy Crawford, Naomi Campbell, Claudia Schiffer, Chanel, Calvin Klein, Johnny Green, Johnny Depp, Ron Davis, Pierre Verdy, Donatella Versace, De, UPPA, Zuma Moss, Pete Doherty, MJ Kim, Alexander McQueen's, Andy Paradise, Banksy, Andy Warhol's, Marilyn Monroe, Carl De Souza, Marc Jacobs, Patrick McMullan, Mario Testino, Kate Who, Dave M, Jamie Hince, bridesmaids, Neil Mockford, Stella Tennant, Lily Cole, Karen Elson, Jourdan Dunn, David Gandy, Jewel Samad, Antonin Thuillier, Stella McCartney, Chris Joseph, Louis Vuitton's, Peter White, Lila, Princess Eugenie of York, Jack Brooksbank, George's, Alastair Grant, Stephane De Sakutin, Amber Valletta, Daniele Venturelli, Amber Heard, Evelyn Hockstein, Jamie McCarthy, David Bailey, Kate, ” Moss, Jefferson Hack, Marc Quinn, Lucian Freud, Johnny Cash, Paul McCartney, Elton John Organizations: CNN, Vogue, Burberry, British Vogue, Getty, Globe, Glastonbury Music, Olympic, London, Louis, Milan, BBC, Forbes, Stripes Locations: British, South London, Croydon, London, Couture, Paris, AFP, Glastonbury, New York City, Southrop, England, St, Windsor , England, Fairfax, Fairfax , Virginia, Arizona, Egypt
There was a goblin walking the red carpet at the Emmys. AdvertisementWe're calling it now — the best look on the 2024 Emmys red carpet was literal goblin glam. Viewers were quick to spot a goblin walking the red carpet about 30 minutes into the Emmys red carpet pre-show on E! Fellow season 15 queen Marcia Marcia Marcia also posted a photo on their Instagram story, tagging Princess Poppy and fellow competitor Jax. Marcia Marcia Marcia posted from the red carpet with Princess Poppy and Jax.
Persons: , Poppy, Laverne Cox's, Daisy Jones, Riley Keough, Dior, Louis Vuitton, It's, Princess Poppy, Joey Nofli, Marcia Marcia Marcia, Jax, @marciax3nyc Organizations: Service, Magazine Locations: Instagram
After last week’s Golden Globes and Sunday evening’s Critics Choice Awards, Monday sees the third major Hollywood red carpet event in just eight days, as the 75th Primetime Emmy Awards get underway at LA’s Peacock Theater. See below for some of the red carpet’s best looks so far. Frazer Harrison/Getty ImagesKourtney Kardashian and Travis Barker Neilson Barnard/Getty ImagesAyo Edebiri in Louis Vuitton. Neilson Barnard/Getty ImagesAli Wong in Louis Vuitton. Neilson Barnard/Getty Images
Persons: Monday, Rachel Brosnahan, Bella Ramsey, Abbott, Quinta Brunson, Tyler James Williams —, Jenna Ortega Neilson Barnard, Jessica Chastain Richard Shotwell, Aubrey, Jay, Anthony Anderson Gilbert Flores, Sarah Snook Richard Shotwell, Rachel Brosnahan Richard Shotwell, Donald Glover Frazer Harrison, Hannah Waddingham Mike Blake, Simona Tabasco Gilbert Flores, Martin, Selena Gomez, Steve Martin Neilson Barnard, Ariana DeBose Frazer Harrison, Sam Richardson Jordan Strauss, Katherine Heigl Kevin Mazur, Issa Rae, Pamella Roland, Frazer Harrison, Kourtney Kardashian, Travis Barker Neilson Barnard, Louis Vuitton, Neilson Barnard, Ali Wong, Richard Shotwell, Riley Keough, Priscilla Presley Mike Blake, Claire Danes Robyn Beck, Christina Ricci Mike Blake, Giancarlo Esposito Neilson Barnard, Padma Lakshmi, Reuters Niecy Nash, Jeffrey Dahmer, , Constantine, Jenna Lyons Frazer Harrison, Joel Kim Booster, Todd Snyder, Gilbert Flores, Dominique Fishback, Miu, Liv Hewson, Joy, Kevin Mazur, Emma Brooks, de Milo Organizations: CNN, Globes, Los Angeles Times, Variety, Getty, New York, Reuters, State Locations: Louis, AFP, New, Aude,
PARIS (AP) — It was Wild West meets melting pot America at the Louis Vuitton Fall-Winter 2024 men’s show Tuesday, where musician-turned-designer Pharrell Williams unveiled his highly-anticipated sophomore collection. The show, set against the dramatic silhouette of the Louis Vuitton Foundation in Paris, masterfully channeled Americana, with Native American designs mixing with modern luxury and showcasing Williams’ unique vision for the powerhouse. "Pharrell wanted to bring out the Native American spirit, (...) he wanted to showcase we’re still here, we’re still resilient,” Rebecca Brady, 54, a Native American from New Town, North Dakota, told The Associated Press. The atmosphere was further charged with performances by Mumford & Sons and artists from the Native American nations. Williams' performance demonstrated his artistic versatility and highlighted the unique energy he brings to the Louis Vuitton brand.
Persons: Louis Vuitton, Pharrell Williams, masterfully, Williams, Bradley Cooper, Omar Sy, Carey Mulligan, Williams —, — strutted, valises, Pharrell, Rebecca Brady, Louis, Mumford Organizations: PARIS, Wild West, Louis, Louis Vuitton Foundation, Associated Press, Louis Vuitton, Mumford & Sons Locations: Paris, America, Dakota, American, New Town , North Dakota, Champagne
NEW YORK (AP) — Television's finest brought the silver carpet alive in color, vying with a sea of black, on Monday at the strike-delayed 75th Emmy Awards, including a 3D-molded black look for Ayo Edebiri and sparkly chartreuse for Rhea Seehorn. Edebiri of “The Bear” walked in a strapless custom gown from Louis Vuitton. Quinta Brunson, another fashion standout, wore dainty pink with a little belted accent from Dior couture. Ali Wong wore Louis Vuitton with a silver top and floral patterned blue bottom. Colman Domingo wore custom Louis Vuitton in black, two pearl bracelets on one wrist and a broach on one lapel.
Persons: , Ayo, chartreuse, Rhea Seehorn, , Louis Vuitton, “ We're, Riley Keough, Saul ”, sequins, Naeem Khan, she's, Dominique Fishback, Joy Sunday, Tom Colicchio, Fernández, Janelle James of “ Abbott, It's, ” James, Fred Leighton, Sarah Snook, Vivienne Westwood, Suki Waterhouse, Issa Rae’s, Pamella Roland, , Hannah Waddingham, Quinta Brunson, Betty Boop, Ali Wong, Colman Domingo, Jenny Ortega, Dior, Selena Gomez, Oscar de la, Jean Schlumberger, Tiffany “, Jennifer Coolidge, Anthony Organizations: Associated Press Locations: Etro
CNN —Carrying lunch into the office from home can be one way to save money — except, perhaps, when it is stored in Pharrell Williams’ Louis Vuitton sandwich bag costing over $3,000. Model Anna Ewers carried the sandwich bag during Pharrell Williams' debut show for Louis Vuitton in Paris in June 2023. But it’s not the first time that Louis Vuitton has drawn inspiration from everyday (and, traditionally, much cheaper) accessories. In its Spring-Summer 2007 collection, the fashion house paid homage to the budget-friendly checkered plastic laundry bags beloved the world over. In 2022, the brand also released a cross-body bag resembling a paint can (complete with metal handle), “decorated with playful references to Louis Vuitton’s heritage.”In 2007, Louis Vuitton paid homage to the humble laundry bag.
Persons: Pharrell Williams, Louis Vuitton, Williams, Anna Ewers, Louis, Giovanni Giannoni, , it’s, Louis Vuitton’s, Francois Guillot, Virgil Abloh, , Marcel Duchamp —, Ashish Gupta, ” “ It’s, ” Gupta, , Balenciaga Organizations: CNN, Louis Vuitton, West Hollywood, Getty Locations: Paris, Pont, West, AFP
Chiara Ferragni is an Italian influencer with just under 30 million followers on Instagram. Here's how the digital entrepreneur shot to social media superstardom. The item was packaged with a pink box featuring Ferragni's name and logo, as well as an illustration of the social media star. AdvertisementBut how did Ferragni become such a social media superstar and build her empire — amid this controversy? Amid the recent scandal, Ferragni's massive online presence continues to span social media.
Persons: Chiara Ferragni, Here's, , Ferragni, Balocco, Louis Vuitton, Gucci, Federico Leonardo Lucia, Leone, Fedez, ferragnez, Lapresse, Eugenio Fusco, Alessandra Balocco Organizations: Service, Regina Margherita Hospital, Italian Competition Authority, Authority, Associated Press, Milan's Bocconi University, Financial Times, Teen Vogue, Forbes, Harvard Business School, Prada, AP Locations: Italian, Turin, Italy, Balocco, Milan, Venice, TikTok
Tech company Entrupy says its device can authenticate handbags from brands like Louis Vuitton and Chanel. The AI authenticator is gaining renewed interest as companies seek to cash in on the AI hype. And interest in the AI tool may continue to grow as businesses seek to cash in on the AI hype. Currently only available to resellers of luxury goods, Entrupy claims its tool can authenticate products from luxury brands like Balenciaga, Burberry, Gucci, and Louis Vuitton. Two months later, Humane.ai, an AI startup, launched its AI pin — which the company says can project information onto a user's palm through light — to the market.
Persons: Entrupy, Louis Vuitton, Chanel, , Gucci, Vidyuth Srinivasan, Elle, there's, that's, TikTok, Entrupy didn't, Meta Organizations: Tech, Service, Burberry
Future Publishing | Future Publishing | Getty ImagesMin Li doesn't go to the mall often. The name of the game for Chinese youth in 2024 is trading down. Anything not in the basement floors is considered to be "in heaven," signaling it's out of reach. Citizens shopping for Mid-Autumn Festival gifts at a shopping mall in Yantai, East China's Shandong province, Sept 25, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images"The name of the game for Chinese youth in 2024 is trading down.
Persons: Min Li doesn't, Gucci, Chanel, Louis Vuitton, She's, Shaun Rein, Rein, Jia Miao, Jia, Chung Chi, Miao Organizations: Future Publishing, Getty, Apple, China Market Research Group, Starbucks, China Market Research, Weibo, Citizens, Publishing, New York University Shanghai, MyCOS Research, NYU Shanghai, Hong Kong Polytechnic University, McKinsey, China's, China News Service Locations: Yantai, East China's Shandong province, Weibo, East China's Shandong, Covid, NYU Shanghai China, Shanghai, Guangzhou
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