EXPOSING THE DARK SIDE OF SOCIAL MEDIA INFLUENCERS: FACILITATING COUNTERFEIT TRADE - Counterfeiting has become a global economic crime with far-reaching consequences, and a new study by the University of Portsmouth reveals how social media influencers are facilitating this illicit trade. The research, based on UK surveys of 2000 people, estimates 22 per cent of consumers aged 16-60 who are active on social media have purchased counterfeit goods endorsed by influencers. This study published in the Deviant Behaviour Journal, marks the fi…
WHEAT BOUTIQUE: THE PERFECTLY CURATED BOUTIQUE FOR ALL OF YOUR SUMMER NEEDS - Vaccinated and safely jet setting this summer? Perhaps you are in more of a stay-cation mode? Either way, Wheat Boutique has options for white sandy beaches or long quiet walks from your bed to the kitchen. Wheat Boutique is meticulously curated by its founders, Molly Shaheen and Huw Collins , to make sure each of it’s in-person locations as well as the e-commerce store has the best possible options for those looking for everyday luxury. The brand has location…
Saint Laurent Spring/Summer 2021 Fashion Show - Image via British Vogue KERING REVENUE JUMPS BY 44.1% IN NORTH AMERICA, SLUMPS BY 41% IN WESTERN EUROPE - The revenue of luxury fashion brand Kering during Q3 2020 outperformed analysts’ expectations. According to the research data analyzed and published by Stock Apps , its consolidated revenue sank by 1.2% quarter-over-quarter (QoQ) and 4.3% year-over-year (YoY) to €3.72 billion in Q3 2020. This was a significant rebound from Q2 2020 when the brand posted a 43.5% decline YoY. Gucci was its …
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