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High end retailers count the cost of luxury spending slump

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Burberry, the iconic British luxury fashion brand, finds itself facing headwinds as a global slowdown in luxury spending takes its toll.

 
In the wake of the ongoing economic uncertainties, Burberry’s once-thriving sales have hit a rough patch, leading to concerns within the fashion industry.

The luxury sector, known for its resilience, has lately grappled with shifting consumer priorities.

As the pandemic continues to cast a shadow, high-end shoppers are exercising caution and reconsidering their spending habits. This has left Burberry, renowned for its distinctive tartan patterns and timeless designs, grappling with a dip in sales.

The company’s leadership has been diligently exploring strategies to adapt to the evolving market dynamics.

From embracing sustainable fashion practices to diversifying product lines, Burberry is leaving no stone unturned to regain its lost momentum.

Nevertheless, the road to recovery appears challenging, with competition intensifying and consumers demanding more value and purpose from luxury brands. #featured

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Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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Blockchain sparks a transformative influence in Australia

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Professor unveils blockchain’s role in transforming the economy and innovative projects taking place at RMIT University.

Crypto Corner explores the latest market movements, expert insights and the influence of macroeconomic factors on the crypto industry.

Crypto Corner is hosted by Caroline Bowler, CEO of BTC Markets.

In this episode, BTC Markets CEO Caroline Bowler interviews Professor Chris Berg, Director of RMIT Digital3 and Co-Founder of the Blockchain Innovation Hub at RMIT University. They discuss RMIT’s cutting-edge projects and the transformative impact of blockchain technology in Australia.

Professor Berg shares insights into RMIT’s Digital3 philosophy, which combines research, innovation, and collaboration to drive the digital economy. Learn about groundbreaking initiatives in blockchain, cyber security, and AI, and how these disruptive technologies are reshaping business, government, and society.

Discover how RMIT is leading the charge in rethinking and regenerating the way we work through world-class research and tailored education, offering a glimpse into the future of technology and its potential to benefit both the economy and society. #crypto corner

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From $25K to $1.5M in real estate: expert unveils game-changing strategy for investors

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Empower your property investing with these key tips

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Dean Fraser, Founder and CEO of BrickFloor. #trending #wyld money

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