Luxury

Ferrari Partners With Blockchain Firm Velas to Launch Digital Assets

Ferrari Partners With Blockchain Firm Velas to Launch Digital Assets
Ferrari Partners With Blockchain Firm Velas to Launch Digital Assets
December 28, 2021  |  Partnerships

Ferrari has launched a partnership the Swiss blockchain and NFT company Velas Network, the car maker announced Monday (Dec. 27).  Get the Full Story Complete...

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Digital Spin-Offs Are Suddenly in Fashion as Ailing Dept Stores Seek Easy Fixes
Digital Spin-Offs Are Suddenly in Fashion as Ailing Dept Stores Seek Easy Fixes
December 21, 2021  |  Retail

Forget about faux fur, puffy vests or warm woolen knits; the most fashionable trend at department stores this holiday season has nothing to do with...

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Zegna Goes Public Through $3.1B SPAC Deal with Investindustrial 
Zegna Goes Public Through $3.1B SPAC Deal with Investindustrial 
December 20, 2021  |  SPAC

Italian luxury fashion company Zegna is making its debut on the New York Stock Exchange Monday (Dec. 20) under the ticker symbol ZGN after a...

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From Armani to Zegna, B2B Marketplaces Transform High-Touch World of Luxury Wholesale
From Armani to Zegna, B2B Marketplaces Transform High-Touch World of Luxury Wholesale
December 20, 2021  |  B2B Payments

Digital wholesale management platform JOOR has added another outfit to its wardrobe. Already serving business-to-business (B2B) buyers and sellers in the luxury spaces, it’s now...

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Luxury Retailers Look to a Comfortable 2022
Luxury Retailers Look to a Comfortable 2022
December 16, 2021  |  Retail

Luxury brands in Europe and the U.S. are looking forward to a robust 2022 following 18 months of strong sales, even in the midst of...

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Sotheby’s Sells $7.3B in Art in 2021 Thanks Partly to First-Time Bidders
Sotheby’s Sells $7.3B in Art in 2021 Thanks Partly to First-Time Bidders
December 15, 2021  |  Earnings

Sotheby’s has sold $7.3 billion in art sales this year, a new high for the 277-year-old company, The Wall Street Journal (WSJ) reported Wednesday (Dec....

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Luxury Reseller Rebag Bags $33M in Series E
Luxury Reseller Rebag Bags $33M in Series E
December 15, 2021  |  Investments

The online luxury goods reseller Rebag says it has raised $33 million through a Series E round, bringing the firm’s total funding to $101 million....

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Chanel Hires Leena Nair as Youngest, First Female CEO
Chanel Hires Leena Nair as Youngest, First Female CEO
December 15, 2021  |  Retail

Chanel has appointed Leena Nair as global chief executive officer, grabbing the company’s youngest and first female CEO after her 30-year tenure at consumer goods...

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