The RealReal’s latest earnings message is less about a single quarter’s sales tally and more about how the luxury reseller thinks artificial intelligence can rewire the work behind every listing, from deciding which sellers to pursue to getting more items authenticated, described and priced fast...
Bankrupt department store company Saks Global is ending its eCommerce partnership with Amazon. That’s according to a Friday (Jan. 30) report from Reuters, which noted that the arrangement between the two companies had already been strained when Saks filed for bankruptcy last month, even though...
Global lifestyle footwear brand Allbirds will close its remaining full-price stores in the United States by the end of February. The company will devote its resources to its eCommerce platform, wholesale partnerships and international distributorships, it said in a Wednesday (Jan. 28) press release. Allbirds...
Luxury goods makers are reportedly hoping wealthy American shoppers can buoy their business in 2026. This comes after a year in which sales in the sector flatlined, the Financial Times (FT) reported Sunday (Jan. 25). Now, analysts at Barclays and HSBC are forecasting organic growth...
November 20, 2025
Watch more: What It Takes to Modernize a 75-Year-Old Brand In a market of dupes and downshifts, luxury has to earn its price tag all over again. “Luxury has gotten so outrageously expensive.” That’s Alex Angelchik’s blunt diagnosis of the current moment, a time when a blazer that once cost $3,000 can now run to $7,000 […]
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....
October 11, 2024
The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down on collaboration to fortify their...
August 28, 2024
Italist is tapping into the growing American enthusiasm for Italian luxury fashion with a strategic approach that blends seasonal discounts and curated selections. By expanding into the U.S. market, italist...
February 01, 2026
Bankrupt department store company Saks Global is ending its eCommerce partnership with Amazon. That’s according to a Friday (Jan. 30) report from Reuters, which noted that the arrangement between the two companies had already been strained when Saks filed for bankruptcy last month, even though the retailer hadn’t specified whether it would exercise its right […]
January 28, 2026
Global lifestyle footwear brand Allbirds will close its remaining full-price stores in the United States by the end of February. The company will devote its resources to its eCommerce platform,...
January 25, 2026
Luxury goods makers are reportedly hoping wealthy American shoppers can buoy their business in 2026. This comes after a year in which sales in the sector flatlined, the Financial Times...
January 15, 2026
Amazon is reportedly challenging luxury retailer Saks Global’s bankruptcy filing. The eCommerce giant accuses the company of breaking an agreement on the sale of Saks products on its website, Bloomberg...
