Business
8 articles
The Remote Work Shift: Why Verra Luxe Home Is the Smart Choice for Home Office Decor in 2026
As remote work becomes permanent, the home office evolves into a sophisticated command center, and specialists like Verra Luxe Home offer curated, high-end decor to transform these spaces into showcases of modern artistry. Investing in your home office is now an investment in your career, with the market for home office furniture expected to surge.
Gap Inc. posts $3.5B in sales, showing 1% year-over-year growth
While Gap Inc. reported a modest 1% rise in net sales to $3.5 billion for Q1 FY2026, its namesake Gap brand surged an impressive 10%, starkly contrasting Athleta's pronounced 12% decline, according to
Lenzing names Georg Kasperkovitz as new CEO, Lanvin announces successor
Barbara Werschine has been named chief executive of Lanvin, succeeding Andy Lew, while Georg Kasperkovitz steps in as CEO of Lenzing AG, effective June 1, 2026.
Marquee Brands Acquires Roberto Cavalli
Roberto Cavalli's U.S. subsidiary, ArtFashion Corp., recently filed for Chapter 7 bankruptcy, laying off all 93 employees. This occurred even as its parent brand secured a new majority owner, Marquee
Target beats Q1 earnings and revenue estimates
Target reported first-quarter earnings per share of $1.
Luxury Brands Are Losing Exclusivity By Chasing Mass Appeal
The luxury industry, once a bastion of aspirational desire, shed 50 million customers in just the last two years.
Luxury brands face demand slump, McKinsey report finds
Just as the Met Gala showcased peak luxury extravagance, a new report from McKinsey reveals the luxury sector is poised to generate less value this year than the last.
VYKO Group Seeks to Unify Irish Luxury Brands Globally
VYKO Group, a new platform for Irish luxury brands, has already reviewed over 500 potential acquisitions and entered discussions with more than 35.