The biggest challenge is being able to have this to make the pace of change coherent for everyone in the company because change is a lot. Anxiety is a lot and how do you ensure that they can take change in digestible ways. How do you make that pace of change coherent, well-paced for everyone to come with you on the journey.[Music] [Music] [Music] We're so honored to have you here. So delighted to be here. Today was a very big day for you.Can Can we Lena was inducted as a commander of the Order of the Britis ...

Taxation Trends - Local governments are increasing taxes on vacation homes of wealthy individuals to generate revenue [1] - Rhode Island implemented a property tax on primary residences valued at $1 million or more, adding $5 for every $1,000 in assessed value [2] - Montana is implementing a tax that will raise property taxes by 68% for vacation homes while lowering taxes for full-time residents [4] - Cape Cod is considering a special transfer tax on homes sold for over $2 million [4] - Los Angeles' new mansion tax on sales over $5 million has raised less than half of the expected $1 billion per year [4][5] Housing Market Impact - These taxes are aimed at addressing housing market affordability issues, where many Americans cannot afford homes [5] - The luxury and vacation home market has been booming due to all-cash buyers [5] - Revenue generated in Rhode Island and Montana will go towards property tax relief for full-time residents and housing affordability programs [6] Alternative Approaches - Some European countries, like Spain, are implementing laws to restrict renting out houses in resort towns to address affordability issues [7] - Montana taxes short-term rental leases like second homes, aligning with hotel tax regulations [8]

China's growth looks set to decelerate in the second half of the year after a resilient first half. As export front loading fades and retail sales remain stuck at mid-single digits, showing little sign of immediate recovery in non subsidized sectors. But in this downturn, gold has surged and along with it, pure gold jewelers like Liverpool.Bettencourt estimates that China's luxury market sales last year had plunged by 20%, but with gold bucked the trend. Because gold jewellery is not just a symbol of presti ...

Buffalo has some of the country's snowiest winters, its beloved Bills have yet to win a Super Bowl and the economy has yet to fully rebound. Yet former residents keep returning, buying up high-end homes and giving the luxury market a jolt. https://t.co/zVj0X9JzKV ...

Buffalo has some of the country's snowiest winters, its beloved Bills have yet to win a Super Bowl and the economy has yet to fully rebound. Yet former residents keep returning, buying up high-end homes and giving the luxury market a jolt. https://t.co/QOlOY4IR9S ...

Sales Performance - Prada's sales rose less than expected in the first half of the year [1] Market Trends - The luxury market is experiencing a broader slump [1]

Sales Performance - LVMH sales fell, but outperformed bleak luxury market forecasts [1] Market Trend - The report indicates a challenging environment for the luxury market, but LVMH demonstrates resilience [1]