Luxury

BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time

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...

READ MORE >
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. As The Wall Street Journal (WSJ) reported Thursday (Dec. 19), sales for the luxury resale website have...

READ MORE >
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. As Reuters reported Wednesday (Dec. 18), until recently just a...

READ MORE >
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. As The Wall Street Journal (WSJ) reported Monday (Dec. 16), retailers, and...

READ MORE >
‘I Do’ Delivered: DoorDash’s Bridal Offering Shows eCommerce Knows No Limits
‘I Do’ Delivered: DoorDash’s Bridal Offering Shows eCommerce Knows No Limits
December 14, 2024  |  Delivery

Competition is a click away in commerce, and traditional barriers to purchase can send customers shopping elsewhere. Even the once-sacred tradition of wedding dress shopping...

READ MORE >
What Are Consumers Buying With Crypto This Black Friday?
What Are Consumers Buying With Crypto This Black Friday?
November 29, 2024  |  Cryptocurrency

Video killed the radio star, but could cryptocurrency payments kill credit and debit cards? Even though bitcoin hit a record high this month, the chances...

READ MORE >
Luxury Brands Shed 50 Million Customers as Prices Climb
Luxury Brands Shed 50 Million Customers as Prices Climb
November 27, 2024  |  Retail

Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. A report Wednesday (Nov. 27) by The Wall Street Journal —...

READ MORE >
China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
China’s Secondhand Luxury Market Blooms as Consumers Feel Pinched
November 24, 2024  |  Retail

While Chinese consumers are struggling, the country’s secondhand luxury market is reportedly thriving. As the Financial Times (FT) reported Sunday (Nov. 24), companies such as...

READ MORE >