Luxury

Authentic Brands Group Strengthens Luxury Position With Acquisition of Vince 

Authentic Brands Group Strengthens Luxury Position With Acquisition of Vince 
Authentic Brands Group Strengthens Luxury Position With Acquisition of Vince 
April 25, 2023  |  Retail

Authentic Brands Group (ABG) is looking to strengthen its position in the luxury market with another acquisition. The group has entered into a deal with...

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Valentino Sees Sales Climb 10% Despite ‘Shaky’ China
Valentino Sees Sales Climb 10% Despite ‘Shaky’ China
April 24, 2023  |  Retail

Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. As Reuters reported Monday (April 24), Valentino enjoyed an 18% increase in...

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LVMH Market Value Tops $500 Billion in 1st for Europe
LVMH Market Value Tops $500 Billion in 1st for Europe
April 24, 2023  |  Retail

Luxury retailer LVMH’s market value has surpassed $500 billion in a first for European firms. The milestone, observed Monday (April 24) in multiple media accounts,...

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Luxury Retailers Like Saks and Gucci Lean Into Exclusivity
Luxury Retailers Like Saks and Gucci Lean Into Exclusivity
April 22, 2023  |  Retail

Luxury retailers are promoting exclusivity as a way to focus on their core customers and keep them engaged. Following in the footsteps of iconic brands...

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Luxury Brand Brunello Cucinelli Grows Sales Despite Inflation
Luxury Brand Brunello Cucinelli Grows Sales Despite Inflation
April 19, 2023  |  Retail

In the first quarter of the year, Italian luxury group Brunello Cucinelli, most renowned for its cashmere apparel, witnessed sales growth of 33% at constant...

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Mytheresa Hopes to Carve Space in China’s Luxury Market
Mytheresa Hopes to Carve Space in China’s Luxury Market
April 18, 2023  |  Retail

Germany’s Mytheresa is reportedly hoping to court shoppers in China’s busy luxury space. CEO Michael Kliger said the upscale eCommerce company will begin employing personal...

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Gucci’s New Melrose Place Store Doubles Down on Exclusivity
Gucci’s New Melrose Place Store Doubles Down on Exclusivity
April 17, 2023  |  Retail

Los Angeles is now home to an impressive new luxury storefront by Gucci that is exclusively reserved for big-spending clients and A-list celebrities. Following the...

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Luxury Hotels Embrace Embedded Beauty
Luxury Hotels Embrace Embedded Beauty
April 14, 2023  |  Retail

When guests check in to a luxury hotel, they expect to enjoy ultimate comfort, exceptional customer service, access to high-end amenities and facilities, and the...

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