AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Luxury Brands Are Losing Their Luster & No Online Dating for Olympians?
Morning Brew Daily
Struggles of Luxury Brands and Global Impact of IT Outage
10min Snip
00:00
Summary
Transcript
Episode notes
The chapter explores the challenges faced by luxury brands like Burberry and Gucci in targeting middle-class consumers amidst inflation and brand refresh issues, in contrast to LVMH's resilience due to its size and diversity. It discusses LVMH's marketing strategies targeting luxury spenders through sponsorships like the Paris Olympics and Formula One. Additionally, it delves into the global repercussions of a recent $5.4 billion IT outage caused by a failed crowd strike update, leading to a $10 Uber Eats gift card sent to partners for amends, which was exhaustively redeemed and then flagged as spam.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode