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Kering Drops 12% as Luxury Braces for Tough Winter

The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.

Kering Drops 12% as Luxury Braces for Tough Winter

We haven't written up this one. Business of Fashion has the full story — the link below goes straight to it.

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Lahore tops global pollution rankings as AQI hits hazardous levels

Lahore ranked as the world’s most polluted major city on Friday morning, with its air quality reaching hazardous levels, according to Swiss air quality monitoring platform IQAir. IQAir’s live tracker recorded the city’s air quality index (AQI) at 410 at one point on Friday morning, placing it in the “hazardous” category.

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