Luxury brands have begun lowering their prices to win back middle-income shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
With the high cost of maintaining a luxury brand, key players are making major decisions, changing the way they operate to navigate the current challenging economic climate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Inflation-pressured consumers tend to cut back on their luxury purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
February 02, 2026
Consumer spending among millennials and Generation Z is not merely holding up. It’s underwriting earnings growth across financial services and retail, while pulling daily financial life deeper into mobile channels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]
July 21, 2024
Luxury brands have begun lowering their prices to win back middle-income shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]
June 14, 2024
Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. Get the Full Story Complete the form to unlock this article...
August 07, 2023
Private equity firm SKKY Partners has added former Apple Retail executive Angela Ahrendts as senior operating adviser. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
January 18, 2023
After a COVID-inspired sales drop, luxury brands Burberry and Richemont see hope in China’s reopening. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
