As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its...
Inflation-pressured consumers tend to cut back on their luxury purchases. At least, that’s what PYMNTS Intelligence data has found. However, the demand for Richemont’s jewelry...
There was a time last year when we heard luxury retailers say that the slowdown they were experiencing was a sign of “normalization,” but now...
Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. The two luxury department store chains have been engaged in negotiations...
Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to...
Retailers are recognizing that offering free shipping may not be sustainable in the long run. However, rather than eliminating it, they are raising the criteria...
Luxury is tactile, flooding the senses with feel, fit, look and other qualities not well conveyed by eCommerce. Be that as it may, luxury brands...
Today in retail, paper couponing is bouncing back to join digital savings programs, while lower grocery budgets mean shoppers are shying away from name brands....
The online luxury retail space got a big new player Tuesday (April 5), when U.K.-based Farfetch said it was investing $200 million into Neiman Marcus’...