Luxury

Signet Jewelers Buys Blue Nile to Tap Bridal Market, Expand Digital
Signet Jewelers Buys Blue Nile to Tap Bridal Market, Expand Digital
August 09, 2022  |  Retail

Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring...

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Luxury Brands Spread Out Across US as New Wealth Centers Emerge
Luxury Brands Spread Out Across US as New Wealth Centers Emerge
August 07, 2022  |  Retail

Luxury brands like Gucci and Chanel have been expanding their horizons, opening locations in U.S. cities where they never used to do business. Get the...

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Tiffany NFTs to Hit the Market at $50K
Tiffany NFTs to Hit the Market at $50K
August 01, 2022  |  NFTs

At a time when the non-fungible token (NFT) market is in some state of upheaval, LVMH-owned Tiffany & Co. is jumping into the fray this...

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Saks Off 5th, Rent the Runway Team on Pre-Owned Fashion Offering
Saks Off 5th, Rent the Runway Team on Pre-Owned Fashion Offering
July 28, 2022  |  Partnerships

Saks Off 5th has teamed up with pre-owned fashion retailer Rent the Runway to give Saks customers access to secondhand designer fashion, according to a...

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Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
July 28, 2022  |  Retail

A rebound in travel combined with increased demand for luxury apparel pushed Kering to new financial heights in the first half of 2022, with the...

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LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
July 27, 2022  |  Retail

In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the...

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LVMH Overcomes China Slowdown With First-Half Sales Surge
LVMH Overcomes China Slowdown With First-Half Sales Surge
July 26, 2022  |  Retail

French luxury retailer LVMH on Tuesday (July 26) reported 21% organic sales growth in the first half of 2022, despite rising concerns about increasing inflation...

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Burberry Joins Tiffany, Valentino and Coach in Closing Hong Kong Flagship
Burberry Joins Tiffany, Valentino and Coach in Closing Hong Kong Flagship
July 11, 2022  |  Retail

British luxury fashion brand Burberry is closing its flagship store in Hong Kong in a move that marks the latest in big-name fashion brands that...

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Diesel Jeans Founder Creating Italian Version of French Luxury Conglomerates LVMH, Kering
Diesel Jeans Founder Creating Italian Version of French Luxury Conglomerates LVMH, Kering
July 11, 2022  |  Retail

Diesel founder Renzo Rosso told Financial Times he envisions his Italian luxury fashion empire, including sister brands Jil Sander and Marni, as one that’s modeled...

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