The tit-for-tat of global tariffs is back on. That reality is shifting profits around and increasingly off companies’ balance sheets. The trade spat with China...
User choice is the dominant behavior when it comes to retail payments. For much of cryptocurrency’s history, users haven’t chosen it at checkout. However, that...
Visa has introduced Visa Private, an offering designed for wealthier cardholders. Rolling out in the United Arab Emirates (UAE) before a wider launch in the...
Luxury lifestyle company Ralph Lauren is rolling out an artificial intelligence-powered conversational shopping experience that is designed to serve as a stylist. Dubbed “Ask Ralph,”...
Tariffs have reportedly led to an increase in the number of wealthy Americans traveling to Europe to buy luxury goods. Some consumers make these trips to...
Affluent travelers, not middle-class vacationers, appear poised to keep the world’s tourism engine humming even as the broader economy cools. Visa’s July “Global Travel Insight”...
Tariffs and a decline in tourism in Japan and Europe are reportedly hurting the luxury sector. That’s according to a report late Sunday (Aug. 3) by the...
Luxury conglomerate LVMH is reportedly looking to sell fashion brand Marc Jacobs for about $1 billion. LVMH is discussing deals with multiple parties and could reach a deal soon,...