Luxury brand Hermes said it plans to raise prices next year, after reporting what it called “very good sales momentum” Thursday (Oct. 20) and continued...
eCommerce fashion platform GOAT Group has agreed to acquire apparel reseller Grailed, combining their forces amid a projected boom in second-hand luxury sales. The companies...
Unlocking potential in the burgeoning market for luxury goods in the Asia-Pacific region isn’t a job for payments lightweights. It’s serious business with major challenges....
In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell...
Within hours of posting slump-defying third quarter results that starkly reflected wealthy consumers’ continued insulation from the effects of inflation, French luxury giant LVMH then...
Online luxury and fashion retailer YOOX Net-a-Porter (YNAP) has named Alison Loehnis as its interim CEO. Loehnis will take the reins of the company beginning...
Waterford, a 200-year-old crystal brand, wants to update its image with a new creative campaign and is opening its first standalone retail store in the...
Six cryptocurrencies are now being accepted as payment options for customers in 37 countries using the luxury fashion industry platform Farfetch. Bitcoin, Ethereum, USD Coin...