Luxury

Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty
October 11, 2024  |  Retail

The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down...

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Richemont Hands Off YNAP to Mytheresa for $608 Million
Richemont Hands Off YNAP to Mytheresa for $608 Million
October 07, 2024  |  eCommerce

Cartier owner Richemont is selling its luxury eCommerce platform Yoox Net-a-Porter to online retailer Mytheresa. Get the Full Story Complete the form to unlock this...

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DIY Diamonds: Luxury Gemstones Are Becoming More Accessible
DIY Diamonds: Luxury Gemstones Are Becoming More Accessible
September 14, 2024  |  Retail

Give someone a diamond, they have a diamond; give someone a machine that makes diamonds, they have diamonds for a lifetime. Get the Full Story...

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Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
Planned Saks Fifth Avenue-Neiman Marcus Deal Passes Regulatory Hurdle
August 21, 2024  |  Acquisitions

The planned acquisition of Neiman Marcus Group (NMG) by HBC, the parent company of Saks Fifth Avenue, is one step nearer to closing. Get the Full Story Complete the...

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Creators Turn to Nontraditional Platforms Like Substack for Luxury Social Commerce
Creators Turn to Nontraditional Platforms Like Substack for Luxury Social Commerce
August 14, 2024  |  Social Commerce

As influencers experiment with the best platforms to monetize their followings, some find that to reach a luxury audience, Instagram and TikTok do not quite...

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India’s Axis Bank and Visa Partner on ‘Ultra-Premium’ Credit Card
India’s Axis Bank and Visa Partner on ‘Ultra-Premium’ Credit Card
August 12, 2024  |  Credit Cards

Axis Bank has partnered with Visa to launch an “ultra-premium” credit card in India. Get the Full Story Complete the form to unlock this article and...

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Macy’s VP: Restructuring Aims to Elevate Customer Experience and Drive Growth
Macy’s VP: Restructuring Aims to Elevate Customer Experience and Drive Growth
August 09, 2024  |  Retail

Earlier this year, Macy’s launched a restructuring initiative called “A Bold New Chapter,” aimed at reinvigorating the company and driving growth. Get the Full Story...

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The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
August 06, 2024  |  Earnings

As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for...

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Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
August 05, 2024  |  Retail

Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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