Luxury

Oscar de la Renta CEO Picks Amazon Over Fashion Week for Customer Acquisition
Oscar de la Renta CEO Picks Amazon Over Fashion Week for Customer Acquisition
December 15, 2022  |  Retail

Oscar de la Renta is using Amazon rather than fashion weeks for customer acquisition. The New York-based luxury fashion house has found that by streaming a...

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Young Luxury Shoppers Often Still Living With Mom and Dad
Young Luxury Shoppers Often Still Living With Mom and Dad
December 13, 2022  |  Retail

Half of young adults are buying luxury goods because they still live rent-free with parents. The shock findings come in a new research note from...

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RH Sales Slide as High-End Retailer Rejects Promotions
RH Sales Slide as High-End Retailer Rejects Promotions
December 09, 2022  |  Retail

In a declining market for home furnishings, RH is targeting upscale buyers.  RH Chairman and CEO Gary Friedman said Thursday (Dec. 8) during a quarterly earnings call that the...

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Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
Rebag Debuts Wallet Feature to Help Break Resale Supply Bottleneck
December 07, 2022  |  Retail

Rebag wants to turn secondhand luxury buyers into sellers and investors to boost its inventory. In announcing its new Wallet feature Wednesday (Dec. 7), the...

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Le Collectionist Raises $63M for Luxury Vacation Rental Platform
Le Collectionist Raises $63M for Luxury Vacation Rental Platform
December 02, 2022  |  Investments

French startup Le Collectionist has raised 60 million euros (about $63 million) for its vacation rental platform. Users of Le Collectionist can browse luxury properties...

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Rolex Will Certify Its Pre-Owned Watches
Rolex Will Certify Its Pre-Owned Watches
December 01, 2022  |  Retail

Swiss luxury watchmaker Rolex says it will begin certifying its pre-owned timepieces. With this move, Rolex joins a number of luxury brands who have tapped...

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BitPay Offers More Crypto Car-Buying Opportunities
BitPay Offers More Crypto Car-Buying Opportunities
November 30, 2022  |  Cryptocurrency

Luxury auto dealer Exclusive Automotive Group (EAG) has teamed with BitPay to accept cryptocurrency payments. The Virginia-based dealer — which calls itself the mid-Atlantic region’s...

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NYC’s Luxury Retail Scene Gets ‘Jolt’ With New Sabyasachi Boutique
NYC’s Luxury Retail Scene Gets ‘Jolt’ With New Sabyasachi Boutique
November 28, 2022  |  Retail

While most retailers are cutting prices and focusing more on essentials, a new Sabyasachi boutique in New York City is attracting buzz for its curated,...

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NYC Dethrones Hong Kong as Most Expensive Retail Center
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022  |  Retail

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that...

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