Luxury

Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle

Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
February 16, 2025  |  Retail

Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. Get the Full Story Complete the form to...

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Mytheresa Credits ‘High-Spending’ Shoppers for 13% Sales Growth
Mytheresa Credits ‘High-Spending’ Shoppers for 13% Sales Growth
February 11, 2025  |  eCommerce

Online luxury fashion retailer Mytheresa says “high-spending, wardrobe-building” consumers helped drive a strong quarter. Get the Full Story Complete the form to unlock this article...

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Luxury’s Lost Luster: Brands Grapple With Shifting Tastes, Economic Headwinds
Luxury’s Lost Luster: Brands Grapple With Shifting Tastes, Economic Headwinds
February 07, 2025  |  Retail

As 2025 unfolds, the luxury market is undergoing a period of mixed results and shifting dynamics. Recent news and earnings reports reveal a sector experiencing...

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Cerence and Jaguar Land Rover Partner on AI-Powered in-Car Experience
Cerence and Jaguar Land Rover Partner on AI-Powered in-Car Experience
January 02, 2025  |  Partnerships

Cerence and luxury automaker Jaguar Land Rover (JLR) partnered to develop JLR’s next-generation in-car experience. Get the Full Story Complete the form to unlock this...

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BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time
BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time
January 01, 2025  |  BNPL

The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and...

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The RealReal Soars as Luxury Shoppers Cut Back
The RealReal Soars as Luxury Shoppers Cut Back
December 19, 2024  |  Retail

The luxury fashion world’s loss has been The RealReal’s gain this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Luxury Brands Consider Accepting Crypto Payments
Luxury Brands Consider Accepting Crypto Payments
December 18, 2024  |  Bitcoin

With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. Get the Full Story Complete the form to unlock this...

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Luxury Brands Turn to Outlet Stores as Consumers Cut Back
Luxury Brands Turn to Outlet Stores as Consumers Cut Back
December 16, 2024  |  Retail

With their sector facing a downturn, luxury brands are reportedly pinning their hopes on outlets. Get the Full Story Complete the form to unlock this...

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