luxury retail

Luxury’s Lost Luster: Brands Grapple With Shifting Tastes, Economic Headwinds

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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Sotheby’s Shuts Down 2-Year-Old eCommerce Business in China
Sotheby’s Shuts Down 2-Year-Old eCommerce Business in China
February 02, 2025  |  eCommerce

Auction house Sotheby’s reportedly shut down its Buy Now eCommerce business in mainland China, though it will continue that business in Hong Kong. Get the...

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Sephora, Retail Division Drive LVMH’s Q4 Performance Amid Luxury Market Headwinds
Sephora, Retail Division Drive LVMH’s Q4 Performance Amid Luxury Market Headwinds
January 28, 2025  |  Retail

As the sector’s global sales have slipped in recent years, luxury retail giant LVMH Tuesday (Jan. 28) reported a 1% rise in its fourth-quarter sales...

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Gray Is the New Gold: Luxury Brands Target Aging Wealth
Gray Is the New Gold: Luxury Brands Target Aging Wealth
January 23, 2025  |  Retail

In 2025, are luxury brands waking up to the untapped potential of older consumers — a demographic that has long been sidelined in favor of...

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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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Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
Saks Promises ‘Innovation and Growth’ After Completing Neiman Marcus Acquisition
December 24, 2024  |  Retail

Saks Global has completed its previously announced acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion. Get the Full Story Complete...

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Luxury Brands Consider Accepting Crypto Payments
Luxury Brands Consider Accepting Crypto Payments
December 18, 2024  |  Bitcoin

With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. Get the Full Story Complete the form to unlock this...

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Luxury Brands Turn to Outlet Stores as Consumers Cut Back
Luxury Brands Turn to Outlet Stores as Consumers Cut Back
December 16, 2024  |  retail

With their sector facing a downturn, luxury brands are reportedly pinning their hopes on outlets. Get the Full Story Complete the form to unlock this...

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Lord & Taylor to Return as eCommerce Site
Lord & Taylor to Return as eCommerce Site
December 10, 2024  |  Retail

Regal Brands Global reportedly plans to relaunch department store brand Lord & Taylor as a discount luxury eCommerce platform. Get the Full Story Complete the...

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