Gucci

Covision Media Raises $5.4 Million for 3D Scanners Used in eCommerce
Covision Media Raises $5.4 Million for 3D Scanners Used in eCommerce
March 31, 2025  |  artificial intelligence

Covision Media raised €5 million (about $5.4 million) in a funding round to continue developing its technology for 3D scanning and artificial intelligence (AI)-powered 3D...

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Luxury’s Lost Luster: Brands Grapple With Shifting Tastes, Economic Headwinds
Luxury’s Lost Luster: Brands Grapple With Shifting Tastes, Economic Headwinds
February 07, 2025  |  Retail

As 2025 unfolds, the luxury market is undergoing a period of mixed results and shifting dynamics. Recent news and earnings reports reveal a sector experiencing...

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BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time
BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time
January 01, 2025  |  BNPL

The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and...

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Luxury Brands Spend Billions for High-End Shopping Real Estate
Luxury Brands Spend Billions for High-End Shopping Real Estate
April 07, 2024  |  Retail

Luxury brands like Gucci are reportedly spending billions to stay at high-profile addresses. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Longchamp, The North Face and Skims Leverage Collaborations to Woo Consumers  
Longchamp, The North Face and Skims Leverage Collaborations to Woo Consumers  
January 08, 2024  |  Retail

Brand partnerships have long been a strategic element in the retail playbook, aiming to elevate brand image and reach out to untapped audiences. The recent...

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Should Brands and Retailers Go All-In With High Spenders? 
Should Brands and Retailers Go All-In With High Spenders? 
December 04, 2023  |  Retail

As the global economy navigates the twists and turns of inflation, brands and retailers are at a checkout counter of decisions: which aisle to stroll...

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Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue
Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue
October 24, 2023  |  Retail

Luxury group Kering reported a 9% decline in revenue on a comparable basis in the third quarter, attributing the drop to macroeconomic conditions and its own changes...

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Gucci Doubles Down on China’s Consumers With JD.com Expansion
Gucci Doubles Down on China’s Consumers With JD.com Expansion
August 21, 2023  |  eCommerce

As Richemont acknowledges the declining influence of China on luxury shopping, Kering is seeking to delve deeper into the market, aiming to connect with consumers...

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Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
June 13, 2023  |  Retail

Is Louis Vuitton luxury? Depends who you ask and what products you’re looking at. With that even a question among luxury consumers, Louis Vuitton is...

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