MyTheresa

As Shoppers Cut Back, Retailers Focus on Big Spenders
As Shoppers Cut Back, Retailers Focus on Big Spenders
March 18, 2024  |  Retail

With economic pressures squeezing the lower and middle classes’ budgets, brands and retailers are setting their sights on the shoppers who still have cash to...

READ MORE >
Mytheresa Focuses on Big Spenders Over Deal Seekers
Mytheresa Focuses on Big Spenders Over Deal Seekers
February 15, 2024  |  Earnings

As consumers’ financial pressures continue, luxury eCommerce platform Mytheresa is resisting the trend of catering to those seeking offers and discounts, instead increasing its focus...

READ MORE >
Launch of Apple Vision Pro Supercharges Retailers’ Adoption of VR
Launch of Apple Vision Pro Supercharges Retailers’ Adoption of VR
February 02, 2024  |  Retail

Mixed-reality technology is reshaping the landscape of the retail industry, ushering in an era of immersive experiences for consumers that blend the digital and physical....

READ MORE >
Should Brands and Retailers Go All-In With High Spenders? 
Should Brands and Retailers Go All-In With High Spenders? 
December 04, 2023  |  Retail

As the global economy navigates the twists and turns of inflation, brands and retailers are at a checkout counter of decisions: which aisle to stroll...

READ MORE >
MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
November 28, 2023  |  Retail

Although the aspirational shopper appears to have paused extravagant spending, MyTheresa is cashing in on the enthusiasm of savvy shoppers who still have some serious...

READ MORE >
Chanel’s Diner: Where Customers Don’t Go for the Food
Chanel’s Diner: Where Customers Don’t Go for the Food
September 02, 2023  |  Retail

Chanel is opening a diner in Williamsburg, Brooklyn — but don’t expect the typical diner-esqe grubs — burgers and french fries, as it wouldn’t be...

READ MORE >
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
July 30, 2023  |  Retail

After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline.  For years, luxury retailers enjoyed a post-pandemic boom thanks to...

READ MORE >
Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
July 19, 2023  |  Retail

While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not...

READ MORE >
Richemont Confirms China’s Diminishing Role in Luxury Retail 
Richemont Confirms China’s Diminishing Role in Luxury Retail 
July 18, 2023  |  Retail

China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry...

READ MORE >