Luxury

High Fashion’s Digital Transformation Taking More Measured, Experimental Approach

High Fashion’s Digital Transformation Taking More Measured, Experimental Approach
High Fashion’s Digital Transformation Taking More Measured, Experimental Approach
April 27, 2022  |  Retail

Luxury is tactile, flooding the senses with feel, fit, look and other qualities not well conveyed by eCommerce. Be that as it may, luxury brands...

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More Fashion Retailers Take Resale in-House to Control Experience, Data and Dollars
More Fashion Retailers Take Resale in-House to Control Experience, Data and Dollars
April 14, 2022  |  Retail

Fashion brands are retaking resale, having watched a host of players make it big in the burgeoning “pre-loved” segment that’s putting green into apparel —...

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Farfetch to Pump Money and Punch Into Neiman Marcus and Bergdorf eCommerce Ops
Farfetch to Pump Money and Punch Into Neiman Marcus and Bergdorf eCommerce Ops
April 05, 2022  |  Retail

The online luxury retail space got a big new player Tuesday (April 5), when U.K.-based Farfetch said it was investing $200 million into Neiman Marcus’...

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Luxury Label Off-White Embraces Crypto Payments
Luxury Label Off-White Embraces Crypto Payments
April 04, 2022  |  Cryptocurrency

Luxury label Off-White has begun accepting bitcoin, Ethereum, Binance Coin and Ripple cryptocurrency payments at its stores in London, Paris and Milan, Vogue Business reported...

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Movado Group’s Online Retail Growth Leads to 15.5% Net Sales Increase
Movado Group’s Online Retail Growth Leads to 15.5% Net Sales Increase
March 24, 2022  |  Retail

Luxury is going online, at least for Movado Group in the fourth quarter of fiscal 2022, as the company called out growth in online retail...

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BNPL Curious: 56% of Luxury, Specialty Store Shoppers Enticed
BNPL Curious: 56% of Luxury, Specialty Store Shoppers Enticed
March 03, 2022  |  BNPL

Buy now, pay later (BNPL) is like the layaway of long ago only better, because shoppers get to take merchandise home upon purchase — not...

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Gucci, Sandbox Metaverse Team on Store, Event Space
Gucci, Sandbox Metaverse Team on Store, Event Space
February 27, 2022  |  Metaverse

Luxury fashion house Gucci has partnered with The Sandbox to purchase an undisclosed amount of virtual land, PSFK wrote Sunday (Feb. 27). Get the Full...

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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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