Luxury

Estée Lauder Teams With Balmain to Tap High-End Beauty Spending
Estée Lauder Teams With Balmain to Tap High-End Beauty Spending
September 26, 2022  |  Retail

The Estée Lauder Companies and Balmain are partnering on a line of beauty products meant for luxury consumers around the world. With this new licensing...

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Luxury Brands Prepare for ‘Millennial Domination’
Luxury Brands Prepare for ‘Millennial Domination’
September 12, 2022  |  Retail

As much as luxury apparel brands are mapping out their omnichannel future to tap into changing demographic trends and more brand-engaged consumers, there’s one big...

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RH Says Luxury Brands Don’t Discount, Resists Promos Despite Slumping Sales
RH Says Luxury Brands Don’t Discount, Resists Promos Despite Slumping Sales
September 09, 2022  |  Retail

Luxury lifestyle retailer RH won’t sacrifice its image and margins to keep its sales growing as consumers tighten their wallets, RH Chairman and CEO Gary...

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French Luxury Retailer Printemps Plans ‘Experiential’ NYC Store
French Luxury Retailer Printemps Plans ‘Experiential’ NYC Store
September 07, 2022  |  Retail

French luxury department store Printemps is coming to America. The 150-year-old retailer announced in a Wednesday (Sept. 7) press release that it will move into...

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Luxe Retailers Look to Connect Payments, Data — and High-Touch Service
Luxe Retailers Look to Connect Payments, Data — and High-Touch Service
September 06, 2022  |  Retail

Luxury consumers accustomed to highly personalized experiences still expect them regardless of where and how they shop and buy. Data shows those insights today, but...

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EMEA Daily: BLIK Goes International With VIAMO Acquisition; Zuora to Acquire Zephr for $44M to Expand Subscription Solutions
EMEA Daily: BLIK Goes International With VIAMO Acquisition; Zuora to Acquire Zephr for $44M to...
August 26, 2022  |  emea

Today in Europe, the Middle East and Africa, the company that operates Poland’s BLIK mobile payment solution is set to acquire the Slovakian FinTech VIAMO....

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The RealReal CFO Looks to Trim Costs, Sell Higher-Margin Goods
The RealReal CFO Looks to Trim Costs, Sell Higher-Margin Goods
August 26, 2022  |  Retail

Luxury goods reseller The RealReal is looking to cut costs and sell higher-margin products in an effort to turn its first profit. That’s according to...

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Luxury Industry Digitization Drives YOOX Net-a-Porter, Farfetch Partnership
Luxury Industry Digitization Drives YOOX Net-a-Porter, Farfetch Partnership
August 24, 2022  |  Partnerships

In what is said to be a landmark move in the digitalization of the luxury industry, fashion industry platform Farfetch has acquired a 47.5% stake...

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Outperformance of Luxury Retail Sector Sparks Global Payments and eCommerce Pact
Outperformance of Luxury Retail Sector Sparks Global Payments and eCommerce Pact
August 24, 2022  |  Retail

Omnichannel digital commerce platform XY Retail has partnered with FinTech business payments company Adyen to help luxury retailers manage in-person and online payments globally. With...

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