Luxury/page/2 news and trends

Easter’s Gone Luxe and the Chocolate Is Driving

April 04, 2026
Easter, chocolate, retail, luxury
Saks Global Secures $500 Million Commitment for Summer Bankruptcy Exit
Business // April 03, 2026

Saks Global has secured $500 million in exit financing from a group of its senior secured bondholders and expects to emerge from Chapter 11 this summer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Uber Acquires Blacklane to Expand Luxury and Executive Travel Offerings
Acquisitions // March 30, 2026

Uber Technologies plans to acquire Blacklane, a company that provides an app and web booking platform that connects guests with independent local chauffeur services in 500 cities across 60 countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Wheely Expands On-Demand Chauffeur Service to New York City
Transportation // March 23, 2026

Wheely, a luxury services company that provides chauffeuring and concierge services through its app, has expanded to New York City, according to its website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Installment Payments Come to Luxury Retail as Wealthy Buyers Feel Price Pressures
Retail // February 25, 2026

About a hundred years ago, so the story goes, F. Scott Fitzgerald, chronicler of the Jazz Age, turned to Ernest Hemingway and remarked, “The rich are different from you and me.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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
Saks Global Secures $500 Million Commitment for Summer Bankruptcy Exit

April 03, 2026
Saks Global has secured $500 million in exit financing from a group of its senior secured bondholders and expects to emerge from Chapter 11 this summer. 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, […]

Uber Acquires Blacklane to Expand Luxury and Executive Travel Offerings

March 30, 2026
Uber Technologies plans to acquire Blacklane, a company that provides an app and web booking platform that connects guests with independent local chauffeur services in 500 cities across 60 countries....

Wheely Expands On-Demand Chauffeur Service to New York City

March 23, 2026
Wheely, a luxury services company that provides chauffeuring and concierge services through its app, has expanded to New York City, according to its website. Get the Full Story Complete the...

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...