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Nov. 18, 2024
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Editorials

Facebook, Twitter turning media companies: drawing blood from stone?

September 4, 2012

Mickey Alam Khan is editor in chief of Luxury Daily

 

By Mickey Alam Khan

The flaw in business models for new-media and technology companies goes back to the early days of the Internet. Sooner or later, the 1990s’ revenue-will-follow-eyeballs model will meet its comeuppance, if Facebook’s current stock-price malaise is any indication.

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  1. Luxury brands losing ground with younger audiences: Bain
  2. Gucci channels spirit of giving
  3. Louis Vuitton goes big with temporary NYC store
  4. Alexandre Arnault named CEO of wines, spirits division at LVMH
  5. Authentic announces Barneys New York Residences in Tulum
  6. Trinity Investments acquires The Standard, London
  7. Vestiaire Collective partners with influencers to combat fast fashion
  8. Kering launches Generation Award X Jewelry to support sustainable design
  9. Genesis House presents winter light installation
  10. Christofle spotlights two centuries of innovation at Paris' Musée des Arts Décoratifs
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