Luxury

Report: Burberry’s Markdowns Hurt Its Luxury Image

Report: Burberry’s Markdowns Hurt Its Luxury Image
Report: Burberry’s Markdowns Hurt Its Luxury Image
September 30, 2022  |  Retail

United Kingdom-based Burberry is reportedly facing the challenges of being a luxury brand whose image is not as upmarket as some of its rivals as...

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Snap Luxury Boss: Augmented Reality Is the Future of Fashion
Snap Luxury Boss: Augmented Reality Is the Future of Fashion
September 28, 2022  |  Technology

Snap’s head of luxury is touting the promise of augmented reality (AR) to show off branded products such as clothing. Snap’s Geoffrey Perez made the...

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Luxury Retail Follows Money and Shoppers to the ‘Burbs
Luxury Retail Follows Money and Shoppers to the ‘Burbs
September 28, 2022  |  Retail

There was a time not long ago when fashion fiends living in the hinterlands made trips to “the city” to shop the most glittering brands...

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Luxury Brands Take Second Look at Secondhand Sales
Luxury Brands Take Second Look at Secondhand Sales
September 27, 2022  |  Retail

If you can’t beat ‘em, join ‘em. That’s the retail response that a growing list of luxury apparel brands and designers are taking as a...

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Estée Lauder Teams With Balmain to Tap High-End Beauty Spending
Estée Lauder Teams With Balmain to Tap High-End Beauty Spending
September 26, 2022  |  Retail

The Estée Lauder Companies and Balmain are partnering on a line of beauty products meant for luxury consumers around the world. With this new licensing...

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Luxury Brands Prepare for ‘Millennial Domination’
Luxury Brands Prepare for ‘Millennial Domination’
September 12, 2022  |  Retail

As much as luxury apparel brands are mapping out their omnichannel future to tap into changing demographic trends and more brand-engaged consumers, there’s one big...

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RH Says Luxury Brands Don’t Discount, Resists Promos Despite Slumping Sales
RH Says Luxury Brands Don’t Discount, Resists Promos Despite Slumping Sales
September 09, 2022  |  Retail

Luxury lifestyle retailer RH won’t sacrifice its image and margins to keep its sales growing as consumers tighten their wallets, RH Chairman and CEO Gary...

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French Luxury Retailer Printemps Plans ‘Experiential’ NYC Store
French Luxury Retailer Printemps Plans ‘Experiential’ NYC Store
September 07, 2022  |  Retail

French luxury department store Printemps is coming to America. The 150-year-old retailer announced in a Wednesday (Sept. 7) press release that it will move into...

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