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Business

Luxury redefined: how emotional connection is becoming the new currency of the industry

The luxury industry has always stood for prestige, exclusivity and artisanal perfection. For a long time, it was associated with a kind of promise: investing in a brand meant acquiring not just a product, but also status, cultural relevance and a sense of belonging. This understanding still holds true today, yet the underlying model for success...

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Business|Interview

Career check: why the point-of-sale is the best school

What does a career look like in an industry that constantly has to reinvent itself? Industry expert Daniel Samy El Menshawi looks back on 15 years of experience balanced between tradition and transformation. After an apprenticeship in textile management and a degree in International Fashion Management, El Menshawi worked in sales for various...

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Retail

Eurozone: retail sales rise slightly

Eurozone retail sales saw a slight increase in April. Month-on-month, revenue climbed by 0.1 percent, as reported by the European Statistical Office, Eurostat, in Luxembourg on Friday. Economists had anticipated a more substantial rise of 0.2 percent. However, sales in March had climbed by an upwardly revised 0.4 percent. Initially, a decline of...

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