luxury retail

China Seeks Spike in Travel and Shopping Following Pandemic
China Seeks Spike in Travel and Shopping Following Pandemic
April 30, 2023  |  International

China is reportedly seeing a sharp increase in post-COVID travel and consumer activity. A Sunday (April 30) report by Bloomberg News, citing data from local...

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Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
March 02, 2023  |  Retail

Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shutter all 13 of its Canadian locations...

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BNPL Moves In-Store as Installment Payments Evolve With the Times
BNPL Moves In-Store as Installment Payments Evolve With the Times
February 28, 2023  |  Payment Methods

The recovery of physical retail after the massive rise in eCommerce is bringing about cross-pollination of sorts as popular online payment methods migrate to in-store...

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Mytheresa Sees Widening Gap Among Luxury Shoppers
Mytheresa Sees Widening Gap Among Luxury Shoppers
February 23, 2023  |  Retail

For Mytheresa, the high-end retail segment is diverging. This, as the newly listed luxury brand marketplace says it sees a difference between what it calls...

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What if There was a Way to Unlock Some of Luxury Retail’s Resilience?
What if There was a Way to Unlock Some of Luxury Retail’s Resilience?
October 22, 2022  |  Retail

Like models strutting down the catwalk one after the other, so too has the stream of strong sales results come lately from the world’s leading...

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Afterpay US CEO On The Changing Face Of Luxury In A Post-Pandemic World
Afterpay US CEO On The Changing Face Of Luxury In A Post-Pandemic World
July 15, 2020  |  Retail

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. Nick Molnar, co-founder...

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Luxury Fashion Brand Valentino Tries To End Manhattan Lease
Luxury Fashion Brand Valentino Tries To End Manhattan Lease
June 22, 2020  |  Retail

In a legal complaint filed with a New York court, luxury fashion brand Valentino SpA is requesting that the courts end its lease for a...

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Data: Luxury Goods Sales May Drop 35 Pct This Year
Data: Luxury Goods Sales May Drop 35 Pct This Year
May 07, 2020  |  Retail

Neiman Marcus’s bankruptcy filing on Thursday (May 7) may go unnoticed by many consumers. Amid lockdowns and a global economic collapse not seen since the...

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Retail Pulse: Shipt Teams With Office Depot; Express To Close Brick-and-Mortar Stores
Retail Pulse: Shipt Teams With Office Depot; Express To Close Brick-and-Mortar Stores
January 24, 2020  |  Retail

On-demand delivery services are expanding their offerings beyond takeout from restaurants or groceries from supermarkets to carry additional categories of merchandise. Shipt, in one case,...

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