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Dec. 16, 2023 11:00 pm ETHONG KONG—The retail world used to cater to Chinese tourists. Luxury shops opened wherever they went, and Parisian department stores hired Mandarin speakers. Mom-and-pop stores in Hong Kong were replaced by vendors offering products Chinese tourists demanded, such as milk powder and medicines.   Now, after being grounded for three years during the pandemic, Chinese travelers are taking to the skies again. But they don’t look or spend the same.   Copyright ©2023Dow Jones & Company, Inc. All…

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The purchase marks a major step for Kering’s ambitions to build a new beauty division, dubbed Kering Beauté. The purchase marks a major step for Kering’s ambitions to build a new beauty division, dubbed Kering Beauté. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If…

Venture funding, opening research labs and bringing new brands to the market aim at boosting competition with homegrown companies. Venture funding, opening research labs and bringing new brands to the market aim at boosting competition with homegrown companies. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Image: LucasfilmVisions volume two expanded to incorporate global voices like Chile’s Punkrobot, which offers an emotional tribute to the indigenous experience with In the Stars, and India’s 88 Pictures entry The Bandits of Golak. Star Wars is made all the better for it, and these shorts really open up possibilities for Lucasfilm to expand in other markets, with more creators helping bring to life a galaxy where everyone is represented. Image: LucasfilmVisions volume two expanded to incorporate global voices like…

Things rarely go well in the grimdark universe of Games Workshop’s Warhammer 40,000 setting. It’s kind of there in the grimdark moniker: things either start bad and get worse, or every victory is wrenched from the jaws of defeat, sometimes literally, at great cost. As the game gears up for a major relaunch, that’s not changed.The Woman Who Would Be PhotonGames Workshop recently announced its plans to launch the latest edition of its beloved tabletop miniatures game Warhammer 40K, the 10thofficial update to its ruleset,…

Photo: Handout (Getty Images)El Salvador, which has already lost tens of millions of taxpayer dollars on its authoritarian millennial president’s beleaguered effort to embrace cryptocurrencies, now says it plans to open a “bitcoin embassy” in Texas. The Central American country’s continued commitment to bitcoin comes despite last year’s crypto winter and surveys showing the overwhelming majority of its citizens have simply never used it. Milena Mayorga, the country’s ambassador to the U.S. says she discussed the embassy…

PARIS—Gucci owner Kering SA KER 0.15% has tapped a senior Estée Lauder EL -4.41% Cos. executive to lead a new beauty division, as the luxury giant looks to expand in cosmetics and perfumes.Raffaella Cornaggia will help develop beauty offerings for brands including Bottega Veneta, Balenciaga and Alexander McQueen. Kering said the Italian national would bring strong experience to a strategically important area.  Ms.…

Masks off, lipstick index on.  In a gloomy economy, consumers might cut back on other discretionary purchases but will keep shelling out for small luxuries such as lipstick—or so goes the theory. “When lipstick sales go up, people don’t want to buy dresses,” Leonard Lauder, then-chairman of Estée Lauder EL 0.19% who is widely credited for coming up with the so-called “lipstick index,” told The Wall Street…

Estée Lauder warded off competition from Kering SA in its pursuit of the deal. Photo: Budrul Chukrut/SOPA Images/Zuma Press…