LVMH

Travel Industry Stocks Stand Out Among the Most Shorted in September, Finds Hazeltree Shortside Crowdedness Report

Retrieved on: 
Thursday, October 12, 2023

Hazeltree , a leader in active treasury and intelligent operations technology for the alternative asset industry, today published its Shortside Crowdedness Report for September.

Key Points: 
  • Hazeltree , a leader in active treasury and intelligent operations technology for the alternative asset industry, today published its Shortside Crowdedness Report for September.
  • During the month of September, the travel sector stood out globally with several stocks among the 10 most shorted in their categories based on their Hazeltree crowdedness score.
  • Ford Motor Co. and Rivian Automotive were also among the top ten shorted stocks in this category, at 79 and 72, respectively.
  • Also notable was another new entrant to the Shortside Report series, Telecom Italia, which had the highest institutional supply utilization (38.64%).

EcoVadis and Leading Industry Organizations Launch The Hospitality Alliance for Responsible Procurement

Retrieved on: 
Thursday, October 5, 2023

EcoVadis and several leading global hospitality organizations – Accor, Hilton, IHG Hotels & Resorts, Marriott International and Radisson Hotel Group, and two global hospitality group purchasing organizations, Avendra and Entegra – today announce the launch of The Hospitality Alliance for Responsible Procurement (HARP).

Key Points: 
  • EcoVadis and several leading global hospitality organizations – Accor, Hilton, IHG Hotels & Resorts, Marriott International and Radisson Hotel Group, and two global hospitality group purchasing organizations, Avendra and Entegra – today announce the launch of The Hospitality Alliance for Responsible Procurement (HARP).
  • “It is through partnerships and industry-wide collaboration that the hospitality industry can maximize its collective impact.
  • To achieve all of these goals, HARP has chosen to utilize EcoVadis’ proven sustainability rating methodology, scorecards, and improvement platform.
  • Industry leaders such as Johnson & Johnson, L’Oréal, Unilever, LVMH, Bridgestone, BASF and JPMorgan are among the 100,000 businesses that collaborate with EcoVadis to drive resilience, sustainable growth and positive impact worldwide.

Cashmere Clothing Market size to grow by USD 829.46 million from 2022 to 2027, market is fragmented due to the presence of prominent companies like Alyki , Autumn Cashmere Inc. and Birdie London, and many more - Technavio

Retrieved on: 
Thursday, October 12, 2023

The cashmere clothing market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The cashmere clothing market is fragmented owing to the presence of many global and regional companies.
  • A few prominent companies that offer cashmere clothing market are Alyki, Autumn Cashmere Inc., Birdie London, Citizen Cashmere Ltd., Ermenegildo Zegna N.V, GOBI Cashmere Europe GmbH, Gold Brothers, Harrods Ltd., James Johnston and Company of Elgin Ltd., Jennie Cashmere Inc., JM Knitwear Pvt.
  • Alyki - The company offers cashmere clothing such as Candy SW, Desert SW, and Ocean FW.
  • Autumn Cashmere Inc. - The company offers cashmere clothing such as Boxy color block mesh, Distressed shaker crew, and Printed watercolor floral cardigan.

NEST NEW YORK NAMES TWO NEW EXECUTIVE HIRES, BUILDS INTERNATIONAL FOCUS

Retrieved on: 
Monday, October 2, 2023

NEW YORK , Oct. 2, 2023 /PRNewswire/ -- NEST New York, a leading fragrance lifestyle brand, today announced two new additions to its leadership team. Rhona Jacquand joins the brand as Chief Financial and Operating Officer, and Ali Wenté, as General Manager, North America.

Key Points: 
  • Rhona Jacquand joins the brand as Chief Financial and Operating Officer, and Ali Wenté, as General Manager, North America.
  • "I am pleased to welcome Rhona and Ali to NEST New York," said Edgar Huber, Chief Executive Officer of NEST New York.
  • "Rhona and Ali are both highly valuable additions to our executive team," shared Laura Slatkin, NEST New York Founder and Executive Chairman.
  • "Their extensive experience and strategic insight, as well as Nicole's new focus on international development, will collectively strengthen NEST's trajectory both in North America and across the globe."

Robust Growth Predicted for the Global Luggage Market: Analysis Highlights Casual Bags to Business Bags Dynamics by 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 2, 2023

The "Global Luggage Market: Analysis By Luggage Type (Casual Bags, Travel Bags and Business Bags), By Region, Size and Trends and Forecast up to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Luggage Market: Analysis By Luggage Type (Casual Bags, Travel Bags and Business Bags), By Region, Size and Trends and Forecast up to 2026" report has been added to ResearchAndMarkets.com's offering.
  • Luggage has evolved beyond simple storage solutions, encompassing a variety of products from plastic to leather bags, backpacks, and innovative suitcases.
  • The market sees dominant growth from three sectors: casual bags, business bags, and travel bags.
  • Business Bags will likely see the highest CAGR, echoing global business expansions and increased business travel.

DFS Opening the First World-Class, Seven-Star Luxury Retail and Entertainment Destination DFS Yalong Bay in Sanya, Hainan, China by 2026

Retrieved on: 
Sunday, October 1, 2023

DFS to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.

Key Points: 
  • DFS to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.
  • HONG KONG, China, Oct. 1, 2023 /PRNewswire/ -- DFS Group, the world's leading luxury travel retailer, today announced plans to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.
  • DFS Yalong Bay will become Sanya's premier destination for luxury shopping, world-class accommodation, dining, and entertainment, serving international and domestic tourists with innovative, renowned luxury brands and experiences.
  • We expect DFS Yalong Bay to attract over 16 million visitors per year by 2030 and create sizeable economic opportunities within Yalong Bay."

DFS Opening the First World-Class, Seven-Star Luxury Retail and Entertainment Destination DFS Yalong Bay in Sanya, Hainan, China by 2026

Retrieved on: 
Sunday, October 1, 2023

DFS to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.

Key Points: 
  • DFS to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.
  • HONG KONG, China, Oct. 1, 2023 /PRNewswire/ -- DFS Group, the world's leading luxury travel retailer, today announced plans to open the first world-class, seven-star luxury retail and entertainment destination, DFS Yalong Bay in Sanya, Hainan, China by 2026.
  • DFS Yalong Bay will become Sanya's premier destination for luxury shopping, world-class accommodation, dining, and entertainment, serving international and domestic tourists with innovative, renowned luxury brands and experiences.
  • We expect DFS Yalong Bay to attract over 16 million visitors per year by 2030 and create sizeable economic opportunities within Yalong Bay."

Project Healthy Minds Announces Programming for Second-Annual World Mental Health Day Festival at New York’s Hudson Yards

Retrieved on: 
Thursday, September 28, 2023

Project Healthy Minds, a Millennial & Gen Z-driven mental health tech non-profit, announced today the programming for its second-annual World Mental Health Day Festival, taking place Tuesday, October 10 at Hudson Yards in New York City.

Key Points: 
  • Project Healthy Minds, a Millennial & Gen Z-driven mental health tech non-profit, announced today the programming for its second-annual World Mental Health Day Festival, taking place Tuesday, October 10 at Hudson Yards in New York City.
  • This is the world’s largest festival for World Mental Health Day.
  • The festival’s expansive programming slate includes SoulCycle charity rides, Equinox sound bath meditation experiences, and a “community jog” with Emmy Award-winning content creator Timm Chiusano.
  • “This year’s Project Healthy Minds World Mental Health Day Festival is about convening iconic leaders across public policy, media, culture, sports, business, and academia and curating conversations and experiences about the future of mental health in this country,” said Phillip Schermer, Founder & CEO of Project Healthy Minds.

Superbird Fuego Proves Spicy Tequila Can Be Insanely Delicious

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- Share a sip of Superbird tequila, your friends will thank you. Crafted to perfectly balance the iconic agave spirit, Superbird is for tequila drinkers who love a good story, but aren't stuck in the past. Superbird is the latest launch by Casa Komos Brands Group (CKBG), created by Richard Betts and Joe Marchese, maker of ultra-luxury, highest-rated Tequila Komos.

Key Points: 
  • Superbird Premium Tequila ($29.99-32.99) is now available in three electric expressions, including Blanco, Reposado and the innovative Fuego.
  • Fuego, a full-flavored and unrivaled jalapeño-infused spicy tequila, is made for a neat shot or adding delicious heat to any tequila cocktail.
  • "The Superbird brand presents tequila fans with a unique and exciting option in this growing spirit category," said Matthew Slosek, President of Superbird.
  • Suggested retail price is $29.99 (Superbird Blanco and Superbird Reposado - 40% ABV) and $32.99 (Superbird Fuego - 40% ABV).

Global Luggage Market Skyrockets with 7.48% CAGR Through 2023, Boosted by Booming Travel & Tourism Industry - ResearchAndMarkets.com

Retrieved on: 
Friday, September 22, 2023

The global luggage market is segmented into three categories based on luggage type: Casual Bags, Travel Bags, and Business Bags.

Key Points: 
  • The global luggage market is segmented into three categories based on luggage type: Casual Bags, Travel Bags, and Business Bags.
  • Travel bags are expected to grow at the highest CAGR, driven by the growth of air travel and the global tourism industry.
  • The global luggage market is analyzed across five regions: North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa.
  • As the travel industry expands, the demand for various types of luggage products tailored to consumers' needs also increases, driving growth in the luggage market.