Luxury

Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
Luxury Retailers Neiman Marcus and Saks Fifth Avenue Discuss Potential Merger
August 28, 2023  |  Retail

Luxury retailers Neiman Marcus and Saks Fifth Avenue are reportedly in talks to merge. This potential merger comes as Neiman Marcus has been actively seeking a buyer due to...

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Luxury Retail’s Loyalty Programs Give Big Box Retailers an In-Store Roadmap 
Luxury Retail’s Loyalty Programs Give Big Box Retailers an In-Store Roadmap 
August 22, 2023  |  Retail

For success in retail, innovation can stem from — if not outright imitation — then keen observation. And applying the proven success of others to...

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StockX’s Luxury Resale Dominance: Can Everday Sneakers Step Up?
StockX’s Luxury Resale Dominance: Can Everday Sneakers Step Up?
August 19, 2023  |  Retail

Sneaker rental platform Kyx World learned a hard lesson in January. Demand for its shoes dropped, and it had to abruptly cease operations just a month after securing a...

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Platterful Co-Founder: Subscribers Still Seek Luxury at-Home Experiences
Platterful Co-Founder: Subscribers Still Seek Luxury at-Home Experiences
August 18, 2023  |  Subscriptions

Years after quarantine, consumers continue to look for ways to create meaningful experiences from the comfort of their homes, having grown accustomed to those luxuries, Platterful posits....

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Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
August 18, 2023  |  Merchant Innovation

Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone.  Etsy, Poshmark and Depop...

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Capital One Ventures Invests $25 Million in Luxury Travel Subscription Brand Inspirato
Capital One Ventures Invests $25 Million in Luxury Travel Subscription Brand Inspirato
August 08, 2023  |  Investments

Luxury travel subscription brand Inspirato has entered into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures. The funding will provide the brand the...

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The Aspiration Shopper May Be Straying From Luxury and Turning to Travel
The Aspiration Shopper May Be Straying From Luxury and Turning to Travel
August 08, 2023  |  Retail

The aspirational shopper, once a core target demographic for high-end brands, seems to be in a state of flux. As the traditional luxury market contends...

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Luxury Brands Want the Aspirational Shopper, But Not at a Discount
Luxury Brands Want the Aspirational Shopper, But Not at a Discount
August 01, 2023  |  Retail

When consumers don’t spend, retailers typically think to offer a discount. But discounts, as we all know, can become a slippery slope. What lengths will...

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Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
July 30, 2023  |  Retail

After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline.  For years, luxury retailers enjoyed a post-pandemic boom thanks to...

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