luxury goods

B2B Resale Platform LePrix Focuses on Wholesale, Expands to Europe
B2B Resale Platform LePrix Focuses on Wholesale, Expands to Europe
August 18, 2022  |  B2B Payments

Aiming to make it easier for merchants to tap into what it says is one of the fastest growing sectors in retail, LePrix has expanded...

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Luxury Home Slowdown Takes Toll on RH Furniture Sales
Luxury Home Slowdown Takes Toll on RH Furniture Sales
June 29, 2022  |  Retail

RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). This was...

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BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
BNPL Offers Luxury Sales Lifeline as Economic Storm Gathers
June 28, 2022  |  BNPL

When the recession hits — and a recession is looking more and more like a matter of when, not if — spending on luxury retail...

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The RealReal Says Luxury Is ‘Tremendously Resilient’, Inflation Driving ‘Strong Year’
The RealReal Says Luxury Is ‘Tremendously Resilient’, Inflation Driving ‘Strong Year’
May 10, 2022  |  Earnings

Rising prices and tight supply for designer goods are pushing more buyers and sellers into the secondhand market, luxury resale platform The RealReal said Tuesday...

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Appetite For Luxury Prompts Forecast Boost By Versace Parent
Appetite For Luxury Prompts Forecast Boost By Versace Parent
June 29, 2021  |  Retail

The post-pandemic appetite for luxury goods has prompted Capri Holdings — parent to Michael Kors, Versace and Jimmy Choo — to increase its profit and...

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The Pandemic’s Effect On Subscriptions And Luxury Goods
The Pandemic’s Effect On Subscriptions And Luxury Goods
July 02, 2020  |  Today In Data

Orders to stay at home have consumers spending more on subscriptions – from streaming services to purchasing retail merchandise for day-to-day use. Merchants that provide subscription offerings...

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Pandemic Continues To Dull Allure Of Luxury Goods
Pandemic Continues To Dull Allure Of Luxury Goods
July 01, 2020  |  Retail

COVID-19 continues to take the shine off luxury goods. Despite some signs of improvement this month, LVMH, the world’s biggest luxury goods group, admitted that...

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Evidence For Major Retail Digital Shift Grows
Evidence For Major Retail Digital Shift Grows
June 03, 2020  |  Retail

The digital shift in the during the pandemic has been substantial. But the retail industry may need new and bigger adjectives as the COVID-19 crisis...

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RH CEO: No Time To Shelter And Shrink
RH CEO: No Time To Shelter And Shrink
June 03, 2020  |  Retail

No one ever said RH Chairman and CEO Gary Friedman was shy. His ringing endorsement of the luxury goods market, released yesterday as his annual...

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