Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows
Ermenegildo Zegna Group has reported first-quarter revenues of €459 million ($522 million), a 1 percent decline compared with €463 million in the same period last year. Steep losses in wholesale revenue for the Italian luxury fashion group were offset by steady direct-to-consumer sales, particularly in the Europe, Middle East and
PhocusWire’s weekly travel tech news briefs: Expedia Group, FLYR, PayPal and more…
Here’s our roundup of the people, product and partner news from the global travel industry this week. FLYR, Ennismore FLYR announced that Ennismore has been using FLYR Hospitality with intent to improve its commercial operations across 100 properties for the last six months. The platform provides artificial intelligence (AI)-powered forecasting,
Sinners’ Cast Has A ‘Oppenhomies’ Style Group Chat, And Michael B. Jordan Has Sassy Feelings About It For A Valid Reason
Filming movies is often a huge bonding experience. Actors are sometimes isolated on a project, which can create a “summer camp” feel, leading to lasting friendships. For example, the Oppenheimer cast kept in touch with a group chat titled “Oppenhomies” after the movie finished filming. This kind of closeness seems
What Women Really Want in a Man According to Each Age Group
Understanding what women want in a man is a multifaceted topic that evolves with age and life experiences. Preferences and priorities can shift as individuals mature and seek different qualities in a partner. In this article, we will explore what women typically look for in a man based on age
Moncler Group Revenues Rise One Percent
Moncler Group’s first quarter sales rose 1 percent to €829 million ($943 million) up 1 percent year-on-year and just above analyst expectations. Stone Island and Moncler brands’ DTC channels both grew, while wholesale revenues were down 5 percent for Moncler and 19 percent for Stone Island. Revenue in Asia grew
Experiences becoming “strategic and financial center” of Tripadvisor Group
Tripadvisor Group reported record revenue in 2024 bolstered by experiences, a category that has been fueling its growth in recent years, with Viator accounting for 46% of the company’s total revenue last year up from 33% in 2022. Matt Goldberg, CEO of Tripadvisor Group, said the company exited the year
PhocusWire’s weekly travel tech news briefs: Sihot, HiJiffy, Magpie, Visit Group and more…
Here’s our roundup of the people, product and partner news from the global travel industry this week. Sihot, smartphone wallets Sihot, a hotel management system, has introduced digitized booking information, allowing guests to add hotel reservations to Apple or Google Wallets. The system is meant to simplify check-ins by offering
Expedia Group makes job cuts
Expedia Group has laid off an unknown number of employees. Employees posted on LinkedIn describing the “sweeping round of layoffs” and Expedia Group shared a statement regarding the cuts in an email to PhocusWire. “To ensure the best traveler experience, we must continually adapt to the evolving needs of our industry and travelers,”