Luxury news and trends

Installment Payments Come to Luxury Retail as Wealthy Buyers Feel Price Pressures

February 25, 2026
luxury, retail, prices, consumer spending
Luxury Resale Market Tops $59 Billion Driven by Side Hustles
Retail // February 24, 2026

The value of the luxury resale space reportedly grew to $59 billion last year. 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...

Saks Global Pledges $600 Million to Vendors After Court Win
Retail // February 20, 2026

Saks Global received court approval Friday (Feb. 20) for a $1 billion bankruptcy loan, Reuters reported Friday. 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...

Saks Global to Shutter Majority of off-Price Stores in Shift to Luxury Focus
Retail // January 29, 2026

Saks Global will wind down the majority of its off-price operations, including most Saks OFF 5TH locations and all Neiman Marcus Last Call stores, Reuters reported Thursday (Jan. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Luxury Consumers Turn to Outlet Stores Amid Rising Prices
Retail // January 02, 2026

Luxury goods sellers are reportedly facing a tough market after raising their prices significantly after the pandemic. 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...

Interviews & Exclusives
Earnings Tariff Tally Headlined by Shein, Aston Martin, Levi Strauss and More

October 15, 2025
The tit-for-tat of global tariffs is back on. 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 PYMNTS and to the […]

Mandarin Oriental Grand Cayman Tests Bitcoin as Payment for Multimillion-Dollar Homes

September 30, 2025
User choice is the dominant behavior when it comes to retail payments. For much of cryptocurrency’s history, users haven’t chosen it at checkout. Get the Full Story Complete the form...

New PYMNTS Data Shows Affluent Shoppers Use Pay Later for Gucci and Groceries

April 03, 2025
Covet that designer dress at Bergdorf Goodman, but can’t pay for it because you’ve maxed out your credit cards? Increasingly, there’s another way. Get the Full Story Complete the form...

BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time

January 01, 2025
The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and being able to afford necessities....

Quick Reads
Luxury Resale Market Tops $59 Billion Driven by Side Hustles

February 24, 2026
The value of the luxury resale space reportedly grew to $59 billion last year. 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 […]

Saks Global Pledges $600 Million to Vendors After Court Win

February 20, 2026
Saks Global received court approval Friday (Feb. 20) for a $1 billion bankruptcy loan, Reuters reported Friday. Get the Full Story Complete the form to unlock this article and enjoy...

Saks Global to Shutter Majority of off-Price Stores in Shift to Luxury Focus

January 29, 2026
Saks Global will wind down the majority of its off-price operations, including most Saks OFF 5TH locations and all Neiman Marcus Last Call stores, Reuters reported Thursday (Jan. 29). Get...

Luxury Consumers Turn to Outlet Stores Amid Rising Prices

January 02, 2026
Luxury goods sellers are reportedly facing a tough market after raising their prices significantly after the pandemic. Get the Full Story Complete the form to unlock this article and enjoy...