Luxury

Nike Tries to Outrun Snags With D2C and Concept Retail

Nike Tries to Outrun Snags With D2C and Concept Retail
Nike Tries to Outrun Snags With D2C and Concept Retail
December 19, 2022  |  Retail

Nike shoes are running hard as the famed footwear brand hustles to reverse a 2022 slide. As the Oregon-based athletic footwear, apparel and equipment maker...

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Oscar de la Renta CEO Picks Amazon Over Fashion Week for Customer Acquisition
Oscar de la Renta CEO Picks Amazon Over Fashion Week for Customer Acquisition
December 15, 2022  |  Retail

Oscar de la Renta is using Amazon rather than fashion weeks for customer acquisition. The New York-based luxury fashion house has found that by streaming a...

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Young Luxury Shoppers Often Still Living With Mom and Dad
Young Luxury Shoppers Often Still Living With Mom and Dad
December 13, 2022  |  Retail

Half of young adults are buying luxury goods because they still live rent-free with parents. The shock findings come in a new research note from...

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RH Sales Slide as High-End Retailer Rejects Promotions
RH Sales Slide as High-End Retailer Rejects Promotions
December 09, 2022  |  Retail

In a declining market for home furnishings, RH is targeting upscale buyers.  RH Chairman and CEO Gary Friedman said Thursday (Dec. 8) during a quarterly earnings call that the...

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Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
December 07, 2022  |  Retail

Rebag wants to turn secondhand luxury buyers into sellers and investors to boost its inventory. In announcing its new Wallet feature Wednesday (Dec. 7), the...

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Le Collectionist Raises $63M for Luxury Vacation Rental Platform
Le Collectionist Raises $63M for Luxury Vacation Rental Platform
December 02, 2022  |  Investments

French startup Le Collectionist has raised 60 million euros (about $63 million) for its vacation rental platform. Users of Le Collectionist can browse luxury properties...

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Rolex Will Certify Its Pre-Owned Watches
Rolex Will Certify Its Pre-Owned Watches
December 01, 2022  |  Retail

Swiss luxury watchmaker Rolex says it will begin certifying its pre-owned timepieces. With this move, Rolex joins a number of luxury brands who have tapped...

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BitPay Offers More Crypto Car-Buying Opportunities
BitPay Offers More Crypto Car-Buying Opportunities
November 30, 2022  |  Cryptocurrency

Luxury auto dealer Exclusive Automotive Group (EAG) has teamed with BitPay to accept cryptocurrency payments. The Virginia-based dealer — which calls itself the mid-Atlantic region’s...

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