Luxury

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. Get the Full Story Complete the form to...

READ MORE >
Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
Report: Negotiations Continue After Neiman Marcus Rejects Saks Takeover Bid
December 01, 2023  |  Retail

Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. Get the Full Story Complete the form to unlock this article...

READ MORE >
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Report: Farfetch Founder José Neves Aims to Take Company Private 
Report: Farfetch Founder José Neves Aims to Take Company Private 
November 28, 2023  |  Economy

The founder of online luxury fashion retailer Farfetch, José Neves, reportedly aims to take the company private.  Get the Full Story Complete the form to unlock this...

READ MORE >
MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
MyTheresa Pivots to Savvy Shoppers With Serious Spending Power
November 28, 2023  |  Retail

Although the aspirational shopper appears to have paused extravagant spending, MyTheresa is cashing in on the enthusiasm of savvy shoppers who still have some serious...

READ MORE >
Rebag CEO on Why the Future of Resale Is Diversification
Rebag CEO on Why the Future of Resale Is Diversification
November 23, 2023  |  Retail

As inflation takes its toll on consumer spending, luxury consignment stores are grappling with the effects, witnessing a notable increase in the challenges associated with...

READ MORE >
Essentialist Launches AI-Powered App for Planning Luxury Travel
Essentialist Launches AI-Powered App for Planning Luxury Travel
November 08, 2023  |  Mobile Applications

Members-only travel service Essentialist launched a new smartphone app that serves as a travel concierge. Get the Full Story Complete the form to unlock this...

READ MORE >
TikTok Teams With Real Authentication for Handbag Verification
TikTok Teams With Real Authentication for Handbag Verification
November 06, 2023  |  Retail

TikTok is offering authentication services for pre-owned handbags on its American eCommerce marketplace. Get the Full Story Complete the form to unlock this article and...

READ MORE >
How Caviar Became Everyone’s Catch of the Day
How Caviar Became Everyone’s Catch of the Day
October 14, 2023  |  Social Commerce

Caviar is now mainstream. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

READ MORE >