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....
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....
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...
Two wrongs don’t make a right, as the old adage goes — but in some cases, the latter retaliatory act does provide a sense of...
Any college-level Business 101 course makes at least a cursory mention of cannibalization, in which companies can inflict unintentional harm as new products edge out...
Luxury retail platform Farfetch has acquired resale platform Luxclusif for an undisclosed sum, Farfetch announced Thursday (Dec. 9). The deal gives Farfetch control of Luxclusif’s...
Luxury brands are getting more involved with the resale market. Plus, the omicron variant of the COVID-19 pandemic could put another crimp in the economic...
In today’s top retail news, luxury brands are actively curating their own selections of secondhand items to attract their niche of customers, while the new...