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...
When the recession hits — and a recession is looking more and more like a matter of when, not if — spending on luxury retail...
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...
The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and...