Shares of luxury eCommerce retailer Farfetch have been on the rise. The British luxury goods merchant’s shares rose as much as 15% Friday amid elevated trading volume,...
The market for home furnishings is “likely getting worse before it gets better.” So said RH Chairman and CEO Gary Friedman Wednesday (March 29) during the luxury home furnishings...
Luxury resale platform Kream has secured $168 million in a Series C funding round, valuing the company at approximately $742 million, doubling its previous value of $306...
Luxury retail marketplace Farfetch is facing the same inventory and macroeconomic headwinds as other players in the sector but is pushing forward with plans to...
South Korea reportedly leads the world in per capita spending on personal luxury items. The country’s citizens spend $325 per capita each year on these...
Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman...
The rise of eCommerce — and specifically, preferred payment methods — is a lifeline for luxury brands, for the marquee names that, in large part,...
Aiming to make it easier for merchants to tap into what it says is one of the fastest growing sectors in retail, LePrix has expanded...
RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). This was...