As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its part, reported Thursday (Feb. 8) that it saw global direct-to-consumer (D2C) comparable store sales rise 9% in the third quarter...
At a Skechers location in Gardena, Calif., shoppers can buy not only shoes, but also a burger and fries — the latest instance of a non-food company opening up a restaurant to build brand loyalty. The footwear brand’s “Food Spot” quietly opened back in May,...
Even though the media has shifted its focus away from the metaverse, consumers’ interaction with the virtual realm is far from over. At least that’s what Patrice Louvet, the chief executive of Ralph Lauren, has to say about it. “We are investing in the metaverse....
American companies in several industries are banking on increased post-pandemic consumer demand from China. A report Sunday (Feb. 26) by The Wall Street Journal (WSJ) cites a number of examples of this trend, including Starbucks and McDonald’s opening new locations, “I remain more confident than...
February 12, 2024
As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its part, reported Thursday (Feb. 8) that it saw global direct-to-consumer (D2C) comparable store sales rise 9% in the third quarter of fiscal year 2024, gaining 1.7 million new D2C customers. […]
August 11, 2017
Turns out we’ve been doing passwords wrong and that in almost any fashion, short or long, rife with symbols or your dog’s birthday, the protection is just not there. Passwords...
April 08, 2024
Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Both companies have been in talks to buy the location on the luxury shopping corridor, Bloomberg reported Monday (April 8). Global luxury retailers have been competing to buy buildings on Fifth Avenue for months, according to the report. Kering bought one for […]
February 26, 2023
American companies in several industries are banking on increased post-pandemic consumer demand from China. A report Sunday (Feb. 26) by The Wall Street Journal (WSJ) cites a number of examples...
February 09, 2023
Ralph Lauren is offering the Fortnite llama alongside its iconic polo pony. While reporting 1% revenue growth during the quarter ended Dec. 31, the luxury lifestyle brand announced some contemporary collaborations...
October 31, 2022
Ralph Lauren is expanding into gaming and the metaverse by lending its Polo brand to Fortnite’s character customization roster. On Monday (Oct. 31), Fortnite announced that it partnered with the...
