Luxury retailers are bullish: Even as lockdowns in China have dented brands’ growth opportunities, companies from LVMH Moët Hennessy Louis Vuitton to Canada Goose to Ermenegildo Zegna Group are reporting higher revenues and an optimistic outlook for the future. LVMH’s revenues grew 29% in Q1, with double-digit growth in every sector except wine and spirits.

Do diverse travel ads make an impact?

In 2021, the number of new smartphone banking users in Canada will plummet to a third of the previous year’s level, considerably increasing competition among financial institutions (FIs), including Banque Nationale. As the battle for new mobile users heats up, FIs’ mobile banking app features will be crucial. This report identifies which key growth opportunities Banque Nationale might focus on to gain and retain customers.

It is also opening a Canadian warehouse later this year to help it grow its business in that country. Parachute recently began selling furniture such as bed frames and nightstands. It also embarked on an executive hiring spree, adding its first chief financial officer, chief merchandising officer, and chief commercial officer.

This inaugural study, weighted based on responses to a consumer survey, ranks the seven largest Canadian financial institutions by assets according to their mobile banking capabilities. It presents detailed benchmarking data on the availability of 42 mobile features, selected by analysts based on their propensity to set FIs apart.

Last year, Apple expanded its university ID program—which lets students keep a digital version of their college IDs in the wallet—to more universities in Canada and the US. It also enabled support for health insurance cards in Australia and hotel keys at select Hyatt hotels and some Disney passes in the US.

In 2021, the number of new mobile banking users in Canada will plummet to a third of the previous year’s level, considerably increasing competition among financial institutions (FIs), including the Bank of Montreal (BMO). As the battle for new mobile users heats up, the features of FIs’ mobile banking apps will be crucial: This report identifies which key growth opportunities BMO might focus on to gain and retain customers.