Inflation-pressured consumers tend to cut back on their luxury purchases. At least, that’s what PYMNTS Intelligence data has found. However, the demand for Richemont’s jewelry...
There was a time last year when we heard luxury retailers say that the slowdown they were experiencing was a sign of “normalization,” but now...
Private equity firm SKKY Partners has added former Apple Retail executive Angela Ahrendts as senior operating adviser. Ahrendts will work with SKKY Partners founders Kim Kardashian and Jay Sammons and the...
After a COVID-inspired sales drop, luxury brands Burberry and Richemont see hope in China’s reopening. The country last week lifted some of its pandemic restrictions,...
United Kingdom-based Burberry is reportedly facing the challenges of being a luxury brand whose image is not as upmarket as some of its rivals as...
If you can’t beat ‘em, join ‘em. That’s the retail response that a growing list of luxury apparel brands and designers are taking as a...
British luxury fashion brand Burberry is closing its flagship store in Hong Kong in a move that marks the latest in big-name fashion brands that...
It may be Men’s Fashion Week in Paris right now, but for the rest of the retail world, it’s looking a lot more like luxury...
A new software update for Ethereum, the second-largest blockchain network, will likely stabilize transaction fees and cut down on the supply of the tokens, according...