luxury market

Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
February 27, 2024  |  eCommerce

Korean eCommerce giant Coupang announced fourth-quarter earnings on Tuesday (Feb. 27), reporting a year of accelerated growth, record profits and a strong cash balance of over...

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RBC Capital Markets Predicts Luxury Sector Downturn
RBC Capital Markets Predicts Luxury Sector Downturn
October 11, 2023  |  Retail

The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. The investment bank said in a recent note that one of...

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Apple’s New Product Release Event Sends Ripples Through Stock Market
Apple’s New Product Release Event Sends Ripples Through Stock Market
September 14, 2017  |  Apple

PYMNTS’ Twitter followers weren’t too excited about the latest from Apple: In an informal poll, more than half of respondents told us they were not...

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Luxury Market Retailer Farfetch Gets $397M Infusion
Luxury Market Retailer Farfetch Gets $397M Infusion
June 23, 2017  |  Retail

Luxury market high-end fashion finds are typically reserved for the ultra elite. While traveling the world to find the chicest ensemble may become an onerous...

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Luxury Market Gets Tougher For Michael Kors After Coach Buys Kate Spade
Luxury Market Gets Tougher For Michael Kors After Coach Buys Kate Spade
May 11, 2017  |  Retail

Already facing struggling sales after rapid expansion, Michael Kors Holdings Ltd. must now deal with the merger of two of its biggest rivals. According to Bloomberg...

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