luxury retail

Luxury Brands Seek Discreet Ways to Move Goods During Slowdown
Luxury Brands Seek Discreet Ways to Move Goods During Slowdown
December 08, 2023  |  Retail

The luxury industry is reportedly facing a slowdown as shoppers sober up after their pandemic spending spree. This slowdown has left luxury brands with a...

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Should Brands and Retailers Go All-In With High Spenders? 
Should Brands and Retailers Go All-In With High Spenders? 
December 04, 2023  |  Retail

As the global economy navigates the twists and turns of inflation, brands and retailers are at a checkout counter of decisions: which aisle to stroll...

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The Year That Led to Farfetch’s Earnings Call No-Show 
The Year That Led to Farfetch’s Earnings Call No-Show 
November 30, 2023  |  Retail

After a year filled with surprising developments, Farfetch appears to be continuing its trend of unexpected moves. The online luxury retailer revealed this week that...

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Richemont Has No Plan to Invest in Luxury Brand Farfetch
Richemont Has No Plan to Invest in Luxury Brand Farfetch
November 29, 2023  |  Retail

Cartier owner Richemont reportedly has no intention of investing in luxury retailer Farfetch. The company made that announcement Wednesday (Nov. 29) following the news that Farfetch could be...

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Social Media Influencers Behind Lavish Wedding Comeback
Social Media Influencers Behind Lavish Wedding Comeback
November 20, 2023  |  Retail

The COVID-19 pandemic drastically reshaped the landscape of weddings, giving rise to the trend of micro weddings. These smaller-scale celebrations, with trimmed guest lists and...

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Main Street Meets Luxury Consignment Shops With a High-Tech Update
Main Street Meets Luxury Consignment Shops With a High-Tech Update
November 08, 2023  |  Retail

Luxury consignment is a thriving niche within the fashion industry, offering a sustainable and cost-effective way for consumers to access high-end, designer products at more...

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The RealReal Gets Real Revenue From Advertising
The RealReal Gets Real Revenue From Advertising
November 07, 2023  |  Retail

The RealReal has been doing a lot of cleanup in 2023, and the luxury consignment shop is hopeful to see the fruits of its labor...

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Estée Lauder’s Sales Hit by Asian Headwinds, Mainly in China and Travel Retail 
Estée Lauder’s Sales Hit by Asian Headwinds, Mainly in China and Travel Retail 
November 01, 2023  |  Retail

Change is a constant factor, a reality that can even unsettle the most renowned brands, forcing them to confront various challenges, as is the case...

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Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue
Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue
October 24, 2023  |  Retail

Luxury group Kering reported a 9% decline in revenue on a comparable basis in the third quarter, attributing the drop to macroeconomic conditions and its own changes...

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