Luxury

eBay Deepens Luxury Push With Streetwear Authentication

eBay Deepens Luxury Push With Streetwear Authentication
eBay Deepens Luxury Push With Streetwear Authentication
June 01, 2023  |  Retail

eBay has begun authenticating streetwear as part of its push into the luxury market. Beginning Thursday (June 1), the online marketplace will include streetwear along...

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Report: Chanel Sees Slowdown in Luxury Sector Sales in US
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023  |  Retail

Chanel has reportedly seen a slowdown in the United States. The privately-held luxury brand’s sales growth in the U.S. has dipped from about 10% in 2022 to “in...

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eBay Acquires Certilogo to Boost Brand Authentication
eBay Acquires Certilogo to Boost Brand Authentication
May 17, 2023  |  Retail

eBay is ramping up its luxury efforts with the purchase of authentication firm Certilogo. The deal gives eBay access to the Certilogo technology platform, which lets brands...

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Selfridges Launches Pop-up Shop Devoted to Pre-Owned Clothing and Accessories
Selfridges Launches Pop-up Shop Devoted to Pre-Owned Clothing and Accessories
May 16, 2023  |  Retail

Selfridges has launched a pop-up shop at which consumers can resell or restore pre-owned clothing and accessories. The United Kingdom-based luxury department store chain is offering The...

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Mugler and H&M: Why Luxury Brands Are Leaning Into Fast Fashion
Mugler and H&M: Why Luxury Brands Are Leaning Into Fast Fashion
May 15, 2023  |  Retail

The fashion industry used to view collaborations between luxury brands and fast fashion as taboo. Luxury brands were reluctant to partner with fast-fashion retailers for...

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European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
May 03, 2023  |  Retail

Luxury store openings in Europe skyrocketed last year as global travel resumed. That’s according to the latest edition of Savills’ Global Luxury Retail Outlook, which...

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Skims Taps Saks to Launch Shop-in-Shop Experience for Customers 
Skims Taps Saks to Launch Shop-in-Shop Experience for Customers 
May 02, 2023  |  Retail

Skims, a brand created by Kim Kardashian that specializes in underwear, loungewear and shapewear, has expanded its retail reach through a partnership with luxury department...

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Gen Z Shoppers Knowingly Buy Fakes to Save Money
Gen Z Shoppers Knowingly Buy Fakes to Save Money
April 27, 2023  |  Retail

Knowingly buying fakes is taking hold as a cost-cutting trend among younger shoppers. As the high price of luxury goods presents a barrier to purchase...

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