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Andrea Felsted

Andrea Felsted

Bloomberg

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Is Rachel Reeves the Grinch Who Stole UK Christmas?

If you have spotted any of the British retailers’ Christmas ads on the TV this year, you’ll notice they have gone back to basics. National...

19.12.2024 6

Bloomberg

Andrea Felsted

Can Crypto Bros Save Luxury in 2025?

New York is obsessed with Louis Vuitton. LVMH Moet Hennessy Louis Vuitton SE’s biggest brand is refurbishing its flagship on the corner of East 57th...

14.12.2024 100

Bloomberg

Andrea Felsted

Walgreens Investors Should Swallow Their Medicine

Walgreens Boots Alliance Inc. is in talks with Sycamore Partners about going private. With Walgreens’ market value plummeting to less than $10...

12.12.2024 3

Bloomberg

Andrea Felsted

Macy’s Has New Activists With the Same Old Ideas

The latest department store fashions are often a reinterpretation of styles that have come before. So, too, are their investors. On Monday, activist...

11.12.2024 6

Bloomberg

Andrea Felsted

Black Friday Was Good for Retailers — Maybe Too Good

Here’s a holiday riddle for retailers: Can Black Friday ever be too good? Americans pulled out their credit cards en masse during what is now a...

06.12.2024 6

Bloomberg

Andrea Felsted

The ‘90s Are Back — and So Is The Gap

If your ‘90s look included a pair of Gap khakis or an iconic blue and white logo sweatshirt, you’re not alone. But the brand that was once...

25.11.2024 5

Bloomberg

Andrea Felsted

Walmart Earnings Bring Good Tidings for the Holidays

One year ago, Walmart Inc. warned that it had seen a sudden slowdown in spending in the second half of October. Tuesday morning, the retailer once...

20.11.2024 5

Bloomberg

Andrea Felsted

Zara and Primark Are Beating US Retailers at Their Own Game

Some of the most compelling retailers in the US right now have a distinctly European flair. You can see it in Greenwich, Connecticut, where the latest...

13.11.2024 10

Bloomberg

Andrea Felsted

Moncler Can Keep Itself Warm With Burberry This Winter

The days are getting colder — in Europe at least. Perhaps a black, white, tan and red down jacket will keep Burberry Group Plc investors warm....

07.11.2024 40

Bloomberg

Andrea Felsted

Tapestry Should Turn to Plan Burberry After Capri Deal Blocked

Tapestry Inc.’s $8.5 billion acquisition of Michael Kors owner Capri Holdings Ltd. has been handbagged. On Thursday, US District Judge Jennifer...

25.10.2024 40

Bloomberg

Andrea Felsted

Gucci Needs More Than ‘Demure Fall’ to Move the Needle

Kering SA desperately needs the “Demure Fall” TikTok trend to boost its flagship brand Gucci.The aesthetic — think quiet luxury with a twist —...

25.10.2024 3

Bloomberg

Andrea Felsted

Victoria’s Secret Is Finding Its Wings

Victoria’s back, baby.The Victoria’s Secret & Co iconic fashion show returned to New York this week after a six-year break.

17.10.2024 4

Bloomberg

Andrea Felsted

The Denim Bubble Is Bound to Pop Soon

In Beyoncé’s first ad for Levi Strauss & Co., she walks into a laundromat with a bucket of diamonds and pours them into the washer to stonewash her...

14.10.2024 6

Bloomberg

Andrea Felsted

LVMH Is in the Luxury Driver’s Seat With F1 Deal

Bernard Arnault is firmly in the luxury industry’s driver’s seat with LVMH Moet Hennessy Louis Vuitton SE’s sponsorship of Formula One motor...

07.10.2024 4

Bloomberg

Andrea Felsted

Retailers Have No Room for Error This Holiday

With interest rates lower, inflation collapsing and wages rising faster than prices, there’s potential for a very happy holiday for US retailers....

04.10.2024 10

Bloomberg

Andrea Felsted

Nike Needs to Tread in Adidas’ Footsteps

Incoming Nike Inc. Chief Executive Officer Elliott Hill could learn a lot from his counterpart at Adidas AG Bjorn Gulden. In formulating his strategic...

02.10.2024 5

Bloomberg

Andrea Felsted

LVMH Prepares for a Long Winter With Arnault’s Moncler Deal

Bernard Arnault just got a hotline to some more bling. But he might have to wait for the call. His LVMH Moet Hennessy Louis Vuitton SE has agreed to...

30.09.2024 5

Bloomberg

Andrea Felsted

Tapestry-Capri Misses the Point in Luxury Fight

We’ve had Taylor Swift, Emily in Paris and more designer purses than Saks Fifth Avenue’s handbag floor. But there has been one $400 billion...

27.09.2024 20

Bloomberg

Andrea Felsted

Luxury Stocks Are Heading to the Clearance Bin

The best luxury brands rarely go on sale. Not so their share prices. Valuations across the sector have tumbled on a deteriorating Chinese economy and...

24.09.2024 7

Bloomberg

Andrea Felsted

Nike Has Gone and Done It

Nike Inc. has gone and done it.On Thursday, it parted company with Chief Executive Officer John Donahoe and replaced him with Elliott Hill, a longtime...

20.09.2024 8

Bloomberg

Andrea Felsted

Asda's Billionaire Issa Brother Era Is Drawing to a Close

Walmart Inc.’s entrepreneurial experiment in the UK grocery market is coming to an end. On Wednesday, Asda Group Ltd said Mohsin Issa, one of the...

19.09.2024 10

Bloomberg

Andrea Felsted

Burberry Desperately Needs the Return of Britpop

What a difference a year makes. During September 2023’s London Fashion Week, Burberry Group Plc dominated, renaming Bond Street underground station...

18.09.2024 6

Bloomberg

Andrea Felsted

Has It Gotten Too Hard to Buy a Birkin or Kelly?

“My baby want a Birkin, she’s been tellin’ me all night long,” sings Shaboozey in his chart-topping single “A Bar Song (Tipsy).” The lady...

16.09.2024 6

Bloomberg

Andrea Felsted

Nestle CEO Switch Signals Tough Times Ahead

Who knew the world of cat food and coffee could be so brutal? Nestle SA has abruptly parted company with Mark Schneider, its first outside chief...

23.08.2024 4

Bloomberg

Andrea Felsted

For Walmart and Target, It Only Gets Tougher From Here

Walmart Inc. wasn’t an outlier. Quarterly earnings last week that topped forecasts along with data showing robust US retail sales in July provided...

22.08.2024 4

Bloomberg

Andrea Felsted

Estee Lauder's Next CEO Needs to Think Makeover

Lingerie, lattes and now lipstick.Change has been afoot at the top of some high-profile US consumer companies. On Monday, Estee Lauder Cos. continued...

21.08.2024 9

Bloomberg

Andrea Felsted

Tourism Protesters May Get What They Wish For

If you’re about to head off on your annual summer holiday, the anti-tourism protests in parts of Europe might be on your mind. The movement has...

15.08.2024 6

Bloomberg

Andrea Felsted

A $36 Billion Deal Is a Sign Mars Sees Trouble Ahead

Every shopper knows the dangers of going to the grocery store hungry.But Mars Inc. is happy with its purchase: the $36 billion acquisition of Pringles...

14.08.2024 3

Bloomberg

Andrea Felsted

New Starbucks CEO Must Strike While the Coffee Is Hot

Brian Niccol is swapping burrito bowls for cold brew. The chief executive officer of Chipotle Mexican Grill Inc. has been appointed CEO and chairman...

14.08.2024 10

Bloomberg

Andrea Felsted

Don't Count on the Lipstick Index for the Next Recession

When the economy takes a turn for the worse, consumers choose affordable treats such as cosmetics. That’s been the wisdom since the 2001 recession,...

09.08.2024 5

Bloomberg

Andrea Felsted

Goodbye Grocery Greedflation and Shrinkflation. Hello Deals.

Greedflation in the grocery aisle is over. That’s the message from the consumer giants on both sides of the Atlantic. It’s great for consumers...

06.08.2024 7

Bloomberg

Andrea Felsted

Starbucks CEO Gets Some Cover for Needed Refresh

The arrival of Elliott Management Corp. can give Starbucks Corp. a needed shot of caffeine. The world famous coffee chain doesn’t require the...

30.07.2024 3

Bloomberg

Andrea Felsted

Time Is Running Out for Gucci's Makeover

It’s even worse at Gucci than we thought. Sales excluding currency movements and mergers and acquisitions at the Italian fashion house fell 19% in...

25.07.2024 4

Bloomberg

Andrea Felsted

LVMH Shows the Luxury Sector Is in Pain

We’re all drinking less champagne as the world becomes a scarier place. That was the message from LVMH Moet Hennessy Louis Vuitton SE. It underlines...

24.07.2024 4

Bloomberg

Andrea Felsted

Can Ray-Ban Owner EssilorLuxottica Make Supreme Cool Again?

Louis Vuitton has finally released the Timberland boots embellished with its trademark LV monogram that Pharrell Williams sent down the catwalk in...

23.07.2024 10

Bloomberg

Andrea Felsted

Shoppers Are Still Buying — Just Not What You’re Selling

Helen of Troy Inc., maker of the viral Revlon styler brush, set investors’ hair on end last week with a stark warning that the US consumer was...

16.07.2024 3

Bloomberg

Andrea Felsted

Macy's Is Betting That Department Stores Aren't Dead Yet

Macy’s Inc. has ended takeover talks with investors Arkhouse Management Co. and Brigade Capital Management. The retailer’s shares fell as much as...

15.07.2024 6

Bloomberg

Andrea Felsted

Burberry’s CEO Change Is Its Latest Frock Horror

It wasn’t supposed to be like this. In 2022 it looked as if Burberry Group Plc had the best opportunity in decades to become a British luxury...

15.07.2024 9

Bloomberg

Andrea Felsted

LVMH Has Already Won Gold at the Paris Olympics

Whichever sporting heroes bring home the medals at the Paris Olympics later this month, there will only be one true winner: LVMH founder, Chairman and...

12.07.2024 9

Bloomberg

Andrea Felsted

Let Temu Keep the Cheap Stuff. Amazon Should Go Luxe.

Over the past two weeks, Amazon.com Inc. has sought to make inroads in the selling of both bling and bargains. Only one move is wise. It has a better...

08.07.2024 7

Bloomberg

Andrea Felsted

Keir Starmer's Challenge to Keep UK Consumers' Feel-Good Vibes

What do Keir Starmer and Hein Schumacher, chief executive officer of Unilever Plc, have in common?They have both taken top jobs just as things are...

05.07.2024 20

Bloomberg

Andrea Felsted

Adidas Is Sambaing All Over Nike’s High Tops

Nike Inc. on Thursday lowered its sales outlook for the current fiscal year, blaming a slump in demand for its top-selling sneakers, such as the Air...

28.06.2024 20

Bloomberg

Andrea Felsted

Beyonce and Blue Jeans Weren’t Enough for Levi’s

Wall Street mistook a fashion trend for a turnaround. Shares in Levi Strauss & Co. fell as mch as 16% in premarket trading after second-quarter sales...

27.06.2024 8

Bloomberg

Andrea Felsted

Luxury’s ‘Wolf in Cashmere’ Cozies Up to Cartier's Kingmaker

So now we know. In January, Bernard Arnault sang the praises of Cartier owner Cie Financiere Richemont SA. He also quipped that if its Chairman Johann...

26.06.2024 10

Bloomberg

Andrea Felsted

Investors Are Still Waiting for Ocado to Deliver

Ocado Group Plc’s delivery is stuck in the warehouse once more.Empire Company Ltd. said last week that its Sobeys subsidiary had temporarily halted...

25.06.2024 20

Bloomberg

Andrea Felsted

Zyn Won't Save Big Tobacco

Philip Morris International Inc. has stopped online sales of Zyn in the US after receiving a subpoena in the District of Columbia related to flavored...

21.06.2024 10

Bloomberg

Andrea Felsted

Paying Walmart Managers Millions Is Just Good Business

After being on the frontline of the pandemic, then grappling with an edgy public and a spike in shoplifting, its been a tough few years to work...

20.06.2024 10

Bloomberg

Andrea Felsted

Lululemon Is Coming to an Office (and Golf Course) Near You

Lululemon Athletic Inc. just pulled off a tricky feat. The Canadian maker of leggings and leotards reported better-than-expected first-quarter...

06.06.2024 10

Bloomberg

Andrea Felsted

London Shouldn't Want a Shein Hand-Me-Down

With London increasingly losing out to New York when it comes to initial public offerings and primary listings, it’s little wonder that British...

06.06.2024 40

Bloomberg

Andrea Felsted

Why Do Brits Feel Worse Off With Employment This Strong?

This is part of a series on what 14 years of Tory rule have delivered for Britain’s economy, society and standing in the world. The challenges...

04.06.2024 9

Bloomberg

Andrea Felsted

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