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...
The global perfume market is expected to grow to $69.25 billion by 2030. This promising trend has piqued Richemont’s interest, leading the company to invest more in the luxury fragrance sector and establish a beauty division. Get the Full Story Complete the form to unlock...
How do you convince a generation unused to wearing wristwatches to change their habits? 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...
If you’ve ever shopped in midtown Manhattan, you know that you can buy a Louis Vuitton bag for $2,000 in Neiman Marcus or $20 from the guy across the street with a blanket full of “Louis Vuitton” bags. And without a close inspection, they often...
May 16, 2025
Luxury group Richemont will reportedly continue to limit its price increases, even in the face of new U.S. tariffs. 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 […]
April 06, 2023
How do you convince a generation unused to wearing wristwatches to change their habits? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
April 20, 2021
LVMH is joining forces with two other big names, Prada and Cartier, in order to put out the world’s first global luxury blockchain, according to a Tuesday (April 20) press...
June 24, 2019
Luxury brands are increasingly using chat app WeChat in China to reach customers and sell big-ticket items, according to a report by TechCrunch. Get the Full Story Complete the form...
