Marvi Ali – Vanderbilt Business Review

Jan

30

2024

LVMH Hit by Growth Slowdown: Is the Luxury Boom Over?

All Posts, Analysisali, consumer, fashion, louis vuitton, luxury, lvmh, retail

Marlon Trottman via iStockphoto By Marvi Ali In the realm of luxury, a seismic shift is underway as Moët Hennessy Louis Vuitton (LVMH), the Parisian titan of elegance, grapples with a growth slowdown. LVMH is a multinational luxury goods conglomerate headquartered in Paris, France. With a diverse portfolio spanning fashion, leather goods, perfumes, cosmetics, wines, spirits, watches, and jewelry, LVMH boasts an impressive collection of 75 prestigious brands, including some major names like Louis Vuitton, Dior, Givenchy, Moët & Chandon, and more. After the release of their third-quarter results a couple months ago, the LVMH stock faced significant pressure falling…

Dec

01

2022

By Marvi Ali

Central Banks Raising Interest Rates

All Posts, Economy and Government

By Marvi Ali (Image: creative common license) Over the past few months, the Federal Reserve has steadily been raising the federal funds interest rate in an effort to combat inflation. The Federal Reserve, also known as the Fed, is the central bank and monetary authority of the United States. The Fed is tasked with the major responsibilities of conducting national monetary policy, supervising and regulating the banking system, and ensuring financial stability. Recently, the Fed announced a 0.75% increase to their interest rate on November 2, making this the sixth interest rate hike of the year. And, the Fed hasn’t…

Dec

26

2021

By Marvi Ali

Biden’s Pick for Fed Chairman

All Posts, Economy and Government

By: Marvi Ali The Federal Reserve System, or the Fed, is the central bank and monetary authority of theUnited States. Founded in the aftermaths of the Panic of 1907 and a series of financial crises, theFed was tasked with the major responsibilities of conducting national monetary policy,supervising and regulating the banking system, and ensuring financial stability. There are threemain components of the Fed: the Regional Banks, the Board of Governors, and the Federal OpenMarket Committee. One of the seven governors from the Board of Governors is appointed as theChairman of the Fed by the President of the United States and…

Oct

31

2021

By Marvi Ali

The Great Resignation

All Posts, Economy and Government

By: Marvi Ali During the onset of the pandemic, employers were furloughing and firing workers rapidly, in an effort to downsize. Unemployment peaked in April 2019 at 14.8%. There was great uncertainty as to whether workers would find any jobs, let alone better jobs. However, the U.S. Bureau of Labor Statistics recently reported that, in August, 4.3 million Americans had quit their jobs, setting a new record but following the trend of rising quit rates from previous months. Economists have increasingly begun to recognize this new phenomenon as “The Great Resignation,” which is a term coined by Anthony Klotz, an…