luxury goods

BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
June 28, 2022  |  BNPL

When the recession hits — and a recession is looking more and more like a matter of when, not if — spending on luxury retail...

READ MORE >
The RealReal Says Luxury Is ‘Tremendously Resilient’, Inflation Driving ‘Strong Year’
The RealReal Says Luxury Is ‘Tremendously Resilient’, Inflation Driving ‘Strong Year’
May 10, 2022  |  Earnings

Rising prices and tight supply for designer goods are pushing more buyers and sellers into the secondhand market, luxury resale platform The RealReal said Tuesday...

READ MORE >
Appetite For Luxury Prompts Forecast Boost By Versace Parent
Appetite For Luxury Prompts Forecast Boost By Versace Parent
June 29, 2021  |  Retail

The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and...

READ MORE >
The Pandemic’s Effect On Subscriptions And Luxury Goods
The Pandemic’s Effect On Subscriptions And Luxury Goods
July 02, 2020  |  Today In Data

Orders to stay at home have consumers spending more on subscriptions – from streaming services to purchasing retail merchandise for day-to-day use. Merchants that provide subscription offerings...

READ MORE >
Pandemic Continues To Dull Allure Of Luxury Goods
Pandemic Continues To Dull Allure Of Luxury Goods
July 01, 2020  |  Retail

COVID-19 continues to take the shine off luxury goods. Despite some signs of improvement this month, LVMH, the world’s biggest luxury goods group, admitted that...

READ MORE >
Evidence For Major Retail Digital Shift Grows
Evidence For Major Retail Digital Shift Grows
June 03, 2020  |  Retail

The digital shift in the during the pandemic has been substantial. But the retail industry may need new and bigger adjectives as the COVID-19 crisis...

READ MORE >
RH CEO: No Time To Shelter And Shrink
RH CEO: No Time To Shelter And Shrink
June 03, 2020  |  Retail

No one ever said RH Chairman and CEO Gary Friedman was shy. His ringing endorsement of the luxury goods market, released yesterday as his annual...

READ MORE >
Virtual Appointments, Strong B2B Vendor Demand Help Boost RealReal Q1 Total Revenue By 11 Pct
Virtual Appointments, Strong B2B Vendor Demand Help Boost RealReal Q1 Total Revenue By 11 Pct
May 07, 2020  |  Earnings

The RealReal, the online marketplace for consigned luxury goods, has been dealing with coronavirus-induced hits to its business by going digital. In its Q1 earnings...

READ MORE >
Luxury Marketplace Takes A Virtual Turn
Luxury Marketplace Takes A Virtual Turn
April 17, 2020  |  Retail

The House Of Luxury (HOL) had just opened its new signature gallery in London’s posh Mayfair district when the COVID-19 crisis broke in London. And...

READ MORE >