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When AI meets desire: Innovating human-centered luxury experiences in the agentic age

McKinsey Insights & Publications·4 months ago
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With luxury consumers rapidly embracing AI, the strategic question for merchants is no longer whether agents will mediate the journey, but who controls how brands are perceived.

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A tale of two consumer sentiment gauges
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A tale of two consumer sentiment gauges

Data: The Conference Board; Chart: Courtenay Brown/Axios Consumer confidence soured in early May, according to the Conference Board, though the reading shows a far less bleak economic mood than its peer survey from the University of Michigan, which…

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Graphs, Data, Perspectives | Inflation vs affordability: Why the two are not the same
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Graphs, Data, Perspectives | Inflation vs affordability: Why the two are not the same

The Indian Express·Udit Misra·4 months ago
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While policymakers focus on containing the inflation rate, consumers care more about whether their incomes grow faster than the rise in prices. This has not happened in recent years, affecting affordability.

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Iran war cost: Average U.S. household paying $450 more on gas and energy
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Iran war cost: Average U.S. household paying $450 more on gas and energy

US Top News and Analysis·4 months ago
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Higher energy costs can force consumers to raid their savings and lean more on debt to cover expenses.

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EU fines Temu €200M over unsafe toys, non-compliant products
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EU fines Temu €200M over unsafe toys, non-compliant products

Deutsche Welle·4 months ago
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EU regulators said Temu failed to identify and assess the systemic risks of illegal products' on its platform and the harm they posed to consumers.

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