Luxury’s Next Growth Cycle Will Be Won Through Emotional Connection, Not Just Scarcity.BoF and McKinsey’s new report, The State of Fashion: Face to Face With Luxury Clients, argues that luxury is slowly returning to growth after a prolonged slowdown, but the next cycle will look very different from the post-pandemic boom. The global luxury market is projected to grow at a muted 4% to 6% annual rate through 2030, with the United States and China remaining the two most important markets. The US is the world’s largest luxury market, worth ar...

Michael Burry has shorted shares of Micron Technology Inc., saying the stock "defines cyclical like no other" and is prone to volatile boom-and-bust cycles.The memory chipmaking industry's supply-demand dynamics are complex, and even seasoned analysts can be caught off-guard, with factors like big spending out of South Korea and China's price wars affecting the market.Burry believes the industry's capacity expansion, driven by investments from Samsung, SK Hynix, and Chinese manufacturer ChangXin Memory Technologies Inc., will lead to a recor...

As electric vehicle adoption accelerates globally, a new challenge is emerging: what to do with aging EV batteries. Rather than sending them directly to recycling or landfills, a growing number of companies are repurposing these batteries for a second life—as energy storage systems for the power grid.EV batteries are typically retired when their capacity drops to around 70–80% of their original performance. While this is no longer sufficient for automotive use, it remains more than adequate for less demanding applications such as stationar...

Singapore is the world’s most expensive city for luxury spending for a fourth consecutive year, with prices on items such as watches and jewelry surging around the globe.Zurich climbed to second place, edging out London, while Monaco entered the top three for the first time since the survey began in 2020, according to an annual report by Swiss wealth manager Julius Baer Group Ltd. Hong Kong and London rounded out the top five.Zurich’s three-place rise was propelled by the strengthening of the Swiss franc, supported by the country’s reputa...

A connected safety vest with rear radar alerts, GPS panic response, automatic incident detection and adaptive 360° visibility.Running is often promoted as one of the simplest sports to pick up – put on a pair of running shoes and head out. In reality, running also comes with a list of safety considerations. As a woman, every time I go for a run alone, I make sure to stick to busy streets, carry pepper spray and my phone, and let my partner know which route I’m taking. Running after dark brings safety concerns to another level for runners...

Declines in drinking are hurting distillers’ shares, but has the selloff gone too far?Alcohol companies have spent years promoting responsible drinking, but the success of that message is now weighing on their businesses. Shares of major spirits producers such as Diageo and Pernod Ricard have fallen to valuation levels typically associated with tobacco companies, raising the question of whether the market has become overly pessimistic.The U.S., one of the world's largest spirits markets, has seen alcohol consumption decline for four consecu...

Galian Cycles recently presented its Le Formidable cargo bike at Eurobike 2026, giving us a fresh reason to take a look at a novel design that has already been circulating around France and nearby markets for a little while.At first glance, it seems to be a slightly odd beast. Le Formidable isn’t a regular front-loader, and it isn’t quite a standard long-tail cargo ebike, either. Instead, it combines a front box for younger children or cargo with a stretched rear section that can carry older kids, luggage, or even an adult passenger.Galian...

There’s something funny about earbuds. For years they kept getting more visible. Longer stems. Shinier plastic. More sensors. More LEDs. Somewhere, somebody decided tiny speakers hanging from your ears should double as a fashion statement. Everyone else copied the formula and now half the wireless earbuds on the market look like distant cousins. Then Soundwave Earphones show up looking… almost unfinished. Not cheap. Just… calm.The first thing that caught my attention wasn’t even the audio part. It was the shape. Instead of forcing anothe...

1. (PDF) Bain - AI 시대의 고객 확보 전략 : 럭셔리 마켓의 새 지평소비자 주도의 AI 채택 가속화: 2026년 4월 기준 중국(64%), 미국(54%) 등 글로벌 하이엔드 구매층의 절반 이상이 제품 발견 및 스타일링 영감 확보 단에서 범용 AI 툴을 적극 가동 중인 현실 실증.백오피스 편중과 고객 접점의 레이턴시: 메종의 83%가 인공지능을 우선순위에 올리고 지식 관리(74%) 등 후방 오퍼레이션에 배치한 반면, 브랜드 고유의 휴먼 코드를 보호하기 위해 대고객 접점 전환은 파일럿 단계에 정체.내러티브 통제권 와해와 생성형 엔진 최적화(GEO) 요구: 비브랜드 프롬프트 답변 내 공식 웹사이트...