Satya Nadella, chief executive officer of Microsoft, is credited with turning around the tech giant. Under his watch, the share price has grown more than fivefold, and in April the company’s market cap passed $1 trillion after a strong third quarter boosted shares. Businesses are jumping on Microsoft’s Azure cloud, and the tech giant recently […]
The deal is done, but the work’s not over. President Trump and Chinese Vice Premier Liu He on Wednesday signed the phase one trade deal between U.S. and China, a formal gesture toward deescalating the trade war that simmered for more than a year and ratcheted up tariffs on some key fashion imports from China. […]
The great hope of the holiday season has devolved into a grim reality for department stores, which Moody’s Investors Service said have a lot to prove this year. “A dismal year will force department stores to accelerate change,” said debt watchdog Moody’s Investors Service in a dour new analysis that picks up a thread that’s […]
Gender-neutral fragrances have been picking up cultural steam for a while now, and this year, they will be recognized at The Fragrance Foundation Awards. The Fragrance Foundation is establishing three ‘universal’ categories, meant to provide award options for gender-neutral scents. Universal awards are available in luxury, prestige and for packaging. The group is also launching […]
GAME-CHANGER: In a sign of the growing influence of sports on leading luxury brands, Louis Vuitton is cooking up a partnership with the NBA, WWD has learned. The French fashion house has sent out a save-the-date for a cocktail on Jan. 22 at its flagship on Avenue Montaigne in Paris featuring the outline of a […]