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 they are warning that profits are continuing down. So, is this truly “normalization” or just inflation at its finest? Get...
Over the past year, the focus in retail has been delivering the value that customers seek. While many assume this means offering the lowest prices, Brunello Cucinelli, a brand recognized for its understated luxury and discreet pricing, is demonstrating that if consumers perceive value in...
Luxury retailers have established a reputation for their exclusive and upscale offerings, catering to a limited clientele characterized by discerning preferences and substantial financial resources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Quiet luxury is the epitome of exclusivity, transcending ostentatious displays of wealth, and that’s a realm Brunello Cucinelli is determined to stay in. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
January 16, 2024
Is it a case of normalization, inflation, or simply a need for brands and retailers to put in extra effort to connect with consumers, particularly those who could become lifelong customers? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]
September 05, 2023
Luxury retailers have established a reputation for their exclusive and upscale offerings, catering to a limited clientele characterized by discerning preferences and substantial financial resources. Get the Full Story Complete...
