Luxury

Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures

Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures
Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures
March 20, 2024  |  Retail

As financial pressures prompt consumers to make difficult decisions about what they can afford when it comes to luxuries such as diamonds, Signet Jewelers is seeing increased...

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As Shoppers Cut Back, Retailers Focus on Big Spenders
As Shoppers Cut Back, Retailers Focus on Big Spenders
March 18, 2024  |  Retail

With economic pressures squeezing the lower and middle classes’ budgets, brands and retailers are setting their sights on the shoppers who still have cash to...

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Would You Sell Your House for Bitcoin? People Do
Would You Sell Your House for Bitcoin? People Do
March 14, 2024  |  Cryptocurrency

It is 2024, and the $2.9 trillion cryptocurrency sector doesn’t appear to be going anywhere. Get the Full Story Complete the form to unlock this article and...

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Oreo Courts a Higher-End Customer as Snacks Put on the Ritz
Oreo Courts a Higher-End Customer as Snacks Put on the Ritz
March 02, 2024  |  Retail

Oreo is getting fancy as snack foods sprinkle in a little bit of affordable luxury to appeal to today’s belt-tightening shoppers. Get the Full Story...

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Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
Macy’s Shuttering 150 Stores With Shoppers ‘Still Under Pressure’
February 27, 2024  |  Retail

Macy’s plans to close 150 of its stores as it focuses on its luxury brands. Get the Full Story Complete the form to unlock this article...

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Macy’s Looks to Digital to Mitigate Impact of Store Closures on Loyalty
Macy’s Looks to Digital to Mitigate Impact of Store Closures on Loyalty
February 27, 2024  |  Retail

As Macy’s closes locations by the hundreds, the retailer is turning to digital to keep customers engaged even as they lose their local, physical stores....

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LVMH Takes on Hollywood as Luxury Brands Step up Media Efforts
LVMH Takes on Hollywood as Luxury Brands Step up Media Efforts
February 23, 2024  |  Retail

LVMH is making its way to Tinseltown, establishing a foothold in film and television to drive brand visibility and relevance. Get the Full Story Complete...

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Mytheresa Focuses on Big Spenders Over Deal Seekers
Mytheresa Focuses on Big Spenders Over Deal Seekers
February 15, 2024  |  Earnings

As consumers’ financial pressures continue, luxury eCommerce platform Mytheresa is resisting the trend of catering to those seeking offers and discounts, instead increasing its focus...

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Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
February 12, 2024  |  Retail

As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Get the Full Story...

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