Luxury

Boomers To Boost Spending On Luxury Goods, Healthcare
Boomers To Boost Spending On Luxury Goods, Healthcare
June 13, 2021  |  Consumer Insights

Senior citizens, a demographic whose spending was significantly curtailed by the pandemic, are expected to spend substantially across a number of sectors as COVID-19 restrictions...

READ MORE >
Luxury Goods Sales Returning To Pre-COVID Levels, Bain Says
Luxury Goods Sales Returning To Pre-COVID Levels, Bain Says
May 17, 2021  |  Retail

Sales of luxury goods could rebound from the effects of the coronavirus as early as this year, thanks to shoppers in the U.S. and China,...

READ MORE >
Vogue Editor Anna Wintour Foresees ‘Roaring Twenties’ Luxury Boom
Vogue Editor Anna Wintour Foresees ‘Roaring Twenties’ Luxury Boom
April 21, 2021  |  Retail

The pandemic and the resultant world economic crisis meant hard times for the sale of luxury goods. But around the start of 2021, the luxury...

READ MORE >
Rebag’s AI Solution Brings Transparency, Confidence To Luxury Resale Market
Rebag’s AI Solution Brings Transparency, Confidence To Luxury Resale Market
April 21, 2021  |  Retail

If you were poised to spend $1,000, $2,000 or even $5,000 or more on a secondhand designer purse, you’d want to be pretty darn sure...

READ MORE >
LVMH, Prada, Cartier Team On Aura Blockchain Consortium For Luxury Goods
LVMH, Prada, Cartier Team On Aura Blockchain Consortium For Luxury Goods
April 20, 2021  |  Blockchain

LVMH is joining forces with two other big names, Prada and Cartier, in order to put out the world’s first global luxury blockchain, according to...

READ MORE >
Luxury Beauty Retailer Bluemercury To Offer BNPL With Klarna
Luxury Beauty Retailer Bluemercury To Offer BNPL With Klarna
April 08, 2021  |  Buy Now Pay Later

Luxury beauty retailer Bluemercury has partnered with buy now, pay later (BNPL) firm Klarna to offer its flexible installment payments in-store and online, Klarna announced...

READ MORE >
Burberry’s Better-Than-Expected Rebound Spurs Confidence In Luxury Retail Sector
Burberry’s Better-Than-Expected Rebound Spurs Confidence In Luxury Retail Sector
March 12, 2021  |  Retail

A short but optimistic 100-word “unscheduled trading update” issued by British designer and retailer Burberry on Friday (March 12) gave a lift to the company,...

READ MORE >
Blacklane To Take On Uber, Lyft In Short-Range Trips
Blacklane To Take On Uber, Lyft In Short-Range Trips
February 28, 2021  |  Ridesharing

Berlin-based chauffeur service Blacklane is directly challenging Uber and Lyft in the short-distance passenger trip business, beginning Monday (March 1) in New York City, The...

READ MORE >
Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
February 19, 2021  |  Retail

Strong Asian demand for leather bags, wallets and even $900 sneakers saw the French luxury design house and retailer Hermès post a 12.3 percent increase...

READ MORE >