Luxury

LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year

LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year
LVMH ‘Confident but Vigilant’ About Luxury Demand After Record Year
January 26, 2023  |  Earnings

The reopening of China will bring new opportunities to luxury brands that have already enjoyed a record year. Get the Full Story Complete the form...

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The RealReal Names New CEO John Koryl ‘Hyper-Focused’ on Achieving Profitability
The RealReal Names New CEO John Koryl ‘Hyper-Focused’ on Achieving Profitability
January 25, 2023  |  Personnel

The RealReal has named eCommerce and omnichannel veteran John E. Koryl as CEO and board member. Get the Full Story Complete the form to unlock...

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Tech Meets Makeup as Perfect and Valmont Launch AI-Powered Skincare System
Tech Meets Makeup as Perfect and Valmont Launch AI-Powered Skincare System
January 23, 2023  |  Retail

Perfect has teamed with luxury cosmetics brand Valmont for its latest AI-focused beauty partnership. Get the Full Story Complete the form to unlock this article...

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Nordstrom Rack Undercuts Luxury Retailer’s Holiday Sales
Nordstrom Rack Undercuts Luxury Retailer’s Holiday Sales
January 20, 2023  |  Retail

Consumers pulled back on their spending during the holiday shopping season, according to Nordstrom. Get the Full Story Complete the form to unlock this article...

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Burberry and Richemont Look to Reopened China After 25% Sales Drop
Burberry and Richemont Look to Reopened China After 25% Sales Drop
January 18, 2023  |  Retail

After a COVID-inspired sales drop, luxury brands Burberry and Richemont see hope in China’s reopening. Get the Full Story Complete the form to unlock this...

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LVMH Tops $430B Market Cap
LVMH Tops $430B Market Cap
January 17, 2023  |  Retail

LVMH’s share price rose to over 800 euros on Tuesday (Jan. 17). Get the Full Story Complete the form to unlock this article and enjoy...

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Flush With Cash, Chinese Tourists Will Boost Spending in Fashion Capitals
Flush With Cash, Chinese Tourists Will Boost Spending in Fashion Capitals
January 09, 2023  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Rolls-Royce Says Continued Luxury Demand Fuels Record Sales
Rolls-Royce Says Continued Luxury Demand Fuels Record Sales
January 09, 2023  |  Retail

Rolls-Royce says it sees no sign of a slowdown in demand for its high-end vehicles. Get the Full Story Complete the form to unlock this...

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