luxury retail

Kering Acquires Luxury Fragrance House Creed 
Kering Acquires Luxury Fragrance House Creed 
June 26, 2023  |  Retail

Kering, the French luxury brand, said Monday it has acquired Creed, the high-end niche fragrance house. Prior to this acquisition, Creed was under the ownership...

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Can Exclusive 48-Hour Product Preview Access Save J.Crew? 
Can Exclusive 48-Hour Product Preview Access Save J.Crew? 
June 15, 2023  |  Retail

J.Crew once had a chokehold on a cohort of consumers who seemingly loved the preppy vibe along with brands like Abercrombie & Fitch and Hollister...

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Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
Louis Vuitton Channels Hermes by Creating Neverfull Bag Waiting List  
June 13, 2023  |  Retail

Is Louis Vuitton luxury? Depends who you ask and what products you’re looking at. With that even a question among luxury consumers, Louis Vuitton is...

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Chanel Signs Largest Retail Lease Agreement Since the Pandemic in Hong Kong 
Chanel Signs Largest Retail Lease Agreement Since the Pandemic in Hong Kong 
June 05, 2023  |  Retail

Chanel has signed one of the largest lease agreements since the onset of the pandemic — a prominent retail space in the bustling shopping district...

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Estée Lauder Lowers Outlook but Continues to Bet Big on Chinese Market 
Estée Lauder Lowers Outlook but Continues to Bet Big on Chinese Market 
May 04, 2023  |  Retail

Despite lowering its sales outlook for the third straight quarter due to a slower-than-expected recovery in Asia, cosmetics company Estée Lauder remains optimistic about the...

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China Seeks Spike in Travel and Shopping Following Pandemic
China Seeks Spike in Travel and Shopping Following Pandemic
April 30, 2023  |  International

China is reportedly seeing a sharp increase in post-COVID travel and consumer activity. A Sunday (April 30) report by Bloomberg News, citing data from local...

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Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
Nordstrom Rack Takes On Renewed Focus as Luxury Retailer Departs Canada
March 02, 2023  |  Retail

Nine years after taking its high-end brand north of the border, luxury retailer Nordstrom says it will now shutter all 13 of its Canadian locations...

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BNPL Moves In-Store as Installment Payments Evolve With the Times
BNPL Moves In-Store as Installment Payments Evolve With the Times
February 28, 2023  |  Payment Methods

The recovery of physical retail after the massive rise in eCommerce is bringing about cross-pollination of sorts as popular online payment methods migrate to in-store...

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Mytheresa Sees Widening Gap Among Luxury Shoppers
Mytheresa Sees Widening Gap Among Luxury Shoppers
February 23, 2023  |  Retail

For Mytheresa, the high-end retail segment is diverging. This, as the newly listed luxury brand marketplace says it sees a difference between what it calls...

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