Tag: MCKINSEY
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Impact of DEI Changes on Business Performance
– DEI importance linked to business performance. – Diverse organizations make better decisions. – AI development requires diverse teams to prevent bias. – MACH Alliance expands DEI efforts amid cutbacks. – Companies should embed DEI into corporate culture. – Accountability in DEI essential for long-term success. The Shifting Landscape of Diversity, Equity, and InclusionThe recent…
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Navigating the Luxury Slowdown: Impact on Mergers and Acquisitions
The luxury slowdown in 2024 has affected M&A, as brands avoid selling amidst poor market conditions. Historical trends suggest a resurgence in M&A activity may follow if the market stabilizes. Notable transactions occurred despite challenges, and experts anticipate 2025 to be active for acquisitions, particularly of heritage brands as companies reassess their portfolios. The luxury…