The aspirational shopper, once a core target demographic for high-end brands, seems to be in a state of flux. As the traditional luxury market contends...
When consumers don’t spend, retailers typically think to offer a discount. But discounts, as we all know, can become a slippery slope. What lengths will...
After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline. For years, luxury retailers enjoyed a post-pandemic boom thanks to...
While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not...
Selfridges has launched a new loyalty program powered by a QR code and an app. The United Kingdom-based luxury department store chain’s new Selfridges Unlocked program gives members...
In the retail landscape, immersive experiences have become the new standard. However, when it comes to creating these experiences, it’s like the wild Wild West...
Following bullish remarks on artificial intelligence (AI) by Farfetch CEO José Neves during the luxury retailer’s first-quarter 2023 earnings report, Maison Valentino is set to...
Saks Fifth Avenue is now offering its luxury personal shopping and styling service at resorts. Previously offered only in the luxury retailer’s own stores, the Fifth Avenue...