Japan’s Luxury Sector Shines as Jewellery Sales Soar 19% Amidst Inflationary Pressures and Yen Depreciation

Sales of gems, precious metals, and artwork at Japan’s department stores experienced a significant surge of 19 percent in the first half of 2026 compared to the previous year, reaching…

Duty-Free Dilemma: As Passenger Numbers Soar, Airport Retail Sales Lag, Forcing Brands to Rethink Their Ground Game

The halcyon days of duty-free shopping are decidedly over. Despite a robust recovery in global passenger numbers, which have now returned to pre-pandemic levels, sales within airport retail hubs are…

Decentralized Finance Platform Drift Suspends Operations Following Massive Security Breach, Potential Losses Soar to Hundreds of Millions

Decentralized finance (DeFi) company Drift has confirmed a significant security incident, leading to the immediate suspension of all withdrawals and deposits on its platform. The drastic measure was announced by…