Luxury

Luxury Retailers Like Saks and Gucci Lean Into Exclusivity
Luxury Retailers Like Saks and Gucci Lean Into Exclusivity
April 22, 2023  |  Retail

Luxury retailers are promoting exclusivity as a way to focus on their core customers and keep them engaged. Following in the footsteps of iconic brands...

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Luxury Brand Brunello Cucinelli Grows Sales Despite Inflation
Luxury Brand Brunello Cucinelli Grows Sales Despite Inflation
April 19, 2023  |  Retail

In the first quarter of the year, Italian luxury group Brunello Cucinelli, most renowned for its cashmere apparel, witnessed sales growth of 33% at constant...

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Mytheresa Hopes to Carve Space in China’s Luxury Market
Mytheresa Hopes to Carve Space in China’s Luxury Market
April 18, 2023  |  Retail

Germany’s Mytheresa is reportedly hoping to court shoppers in China’s busy luxury space. CEO Michael Kliger said the upscale eCommerce company will begin employing personal...

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Gucci’s New Melrose Place Store Doubles Down on Exclusivity
Gucci’s New Melrose Place Store Doubles Down on Exclusivity
April 17, 2023  |  Retail

Los Angeles is now home to an impressive new luxury storefront by Gucci that is exclusively reserved for big-spending clients and A-list celebrities. Following the...

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Luxury Hotels Embrace Embedded Beauty
Luxury Hotels Embrace Embedded Beauty
April 14, 2023  |  Retail

When guests check in to a luxury hotel, they expect to enjoy ultimate comfort, exceptional customer service, access to high-end amenities and facilities, and the...

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LVMH ‘Extremely Optimistic’ on China as Luxury Sales Leap
LVMH ‘Extremely Optimistic’ on China as Luxury Sales Leap
April 13, 2023  |  Retail

Consumer desire for luxury goods in post-COVID China has meant good news for LVMH. The Louis Vuitton owner on Wednesday (April 12) reported a 17%...

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Why Shein Thinks Quiet Luxury Will Drive More Sales
Why Shein Thinks Quiet Luxury Will Drive More Sales
April 12, 2023  |  Retail

In recent years, the concept of quiet luxury has become a trend in the fashion industry. The term refers to the subtle but expensive garments...

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Constellation Brands Bypasses Stores to Boost High-End Liquor Sales
Constellation Brands Bypasses Stores to Boost High-End Liquor Sales
April 06, 2023  |  Earnings

As many consumers pull back, Constellation Brands is leveraging D2C to attract higher-income customers. The beer, wine and spirits giant, parent company of a wide...

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Luxury Watch Brands Go Digital to Target Young Consumers
Luxury Watch Brands Go Digital to Target Young Consumers
April 06, 2023  |  Retail

How do you convince a generation unused to wearing wristwatches to change their habits? If you’re a luxury brand like Rolex and Cartier, you apparently...

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