Luxury

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
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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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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