Luxury

Hermes Slumps on Handbag Supply-Demand Imbalance
Hermes Slumps on Handbag Supply-Demand Imbalance
February 18, 2022  |  Retail

Paris-based luxury accessory producer Hermes struggled to meet customer demand during the 2021 holiday period, Reuters reported Friday (Feb. 18). Get the Full Story Complete...

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Louis Vuitton Shows Pricing Power Amid Strong Demand for Luxury Goods
Louis Vuitton Shows Pricing Power Amid Strong Demand for Luxury Goods
February 15, 2022  |  Retail

Fashion brand Louis Vuitton is joining other high-fashion competitors in raising its prices Wednesday (Feb. 16) because of increased manufacturing and transportation costs, a spokesperson...

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Access-as-Luxury Takes off With Private-Jet-Flown Meals From International Restaurants
Access-as-Luxury Takes off With Private-Jet-Flown Meals From International Restaurants
February 02, 2022  |  Delivery

For the ultra-rich, their favorite restaurant’s delivery radius just got a whole lot wider. Private jet company Farringdon Jets announced in a news release Tuesday...

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Luxury Watchmaker HYT Emerges From Bankruptcy With Improved Quality Controls
Luxury Watchmaker HYT Emerges From Bankruptcy With Improved Quality Controls
January 28, 2022  |  Retail

It looks like HYT’s time wasn’t up after all. The luxury watch seller — with prices in excess of $70,000 — that boasts it was...

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Today in Data: Retail Returns Outpace Online Sales, Fashion Industry Sets Resale Trends, Walmart Super App Takes Shape
Today in Data: Retail Returns Outpace Online Sales, Fashion Industry Sets Resale Trends, Walmart Super...
January 27, 2022  |  Today In Data

Oscar de la Renta is the latest luxury fashion brand to jump into the resale sector. Plus, Walmart makes a pair of acquisitions to enhance...

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Called It! Why Oscar de la Renta’s Embrace of Luxury Resale Won’t Be the Last
Called It! Why Oscar de la Renta’s Embrace of Luxury Resale Won’t Be the Last
January 26, 2022  |  Retail

The New Year habit of making year-ahead predictions, not unlike the business of forecasting the weather, is fraught with risk and a high probability that...

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Oscar de la Renta Adds Vintage Items to Resale Offerings
Oscar de la Renta Adds Vintage Items to Resale Offerings
January 25, 2022  |  Retail

Luxury fashion brand Oscar de la Renta is taking a deeper step into the resale business by allowing its customers to buy vintage dresses from...

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Yoox Debuts Online High-End Fashion Marketplace
Yoox Debuts Online High-End Fashion Marketplace
January 24, 2022  |  Retail

Online high-end fashion retailer Yoox launched its first marketplace in 30 countries across Europe on Jan. 20, saying it will integrate small businesses and brands...

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Today in Data: Walmart Fulfills Shoppers’ Needs, Cloud Reshaping Retail, Luxury Brands Immune From Slump
Today in Data: Walmart Fulfills Shoppers’ Needs, Cloud Reshaping Retail, Luxury Brands Immune From Slump
January 21, 2022  |  Today In Data

Today in Data, the cloud is at the center of retail’s digital transformation. Plus, luxury brands continue to find success in a retail market that’s...

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