Luxury

Mytheresa CEO Says Luxury’s Online Shift Growing, Resilient
Mytheresa CEO Says Luxury’s Online Shift Growing, Resilient
May 13, 2022  |  Retail

Even when times are tough and budgets are tight, shoppers are willing to splurge if they find an item they think will give them a...

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Luxury Brand Tapestry Reports Positive Q3
Luxury Brand Tapestry Reports Positive Q3
May 12, 2022  |  Retail

The luxury resale market has become a popular way for budget-conscious shoppers to get the hottest brand name products for a discount, but luxury brand...

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Gucci Joins Crypto Acceptance Craze, Will Launch 10-Currency Payment Program This Month
Gucci Joins Crypto Acceptance Craze, Will Launch 10-Currency Payment Program This Month
May 05, 2022  |  Retail

Luxury fashion brand Gucci will become the latest retailer to accept cryptocurrency payments when it launches the program in some U.S. stores at the end...

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How Vestiaire Collective Uses BNPL to Make High-End Fashion Accessible to All
How Vestiaire Collective Uses BNPL to Make High-End Fashion Accessible to All
April 29, 2022  |  BNPL

Resale platforms and buy now, pay later (BNPL) options offer a sustainable way for discerning consumers to make upmarket purchases in a financially responsible way....

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High Fashion’s Digital Transformation Taking More Measured, Experimental Approach
High Fashion’s Digital Transformation Taking More Measured, Experimental Approach
April 27, 2022  |  Retail

Luxury is tactile, flooding the senses with feel, fit, look and other qualities not well conveyed by eCommerce. Be that as it may, luxury brands...

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More Fashion Retailers Take Resale in-House to Control Experience, Data and Dollars
More Fashion Retailers Take Resale in-House to Control Experience, Data and Dollars
April 14, 2022  |  Retail

Fashion brands are retaking resale, having watched a host of players make it big in the burgeoning “pre-loved” segment that’s putting green into apparel —...

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Farfetch to Pump Money and Punch Into Neiman Marcus and Bergdorf eCommerce Ops
Farfetch to Pump Money and Punch Into Neiman Marcus and Bergdorf eCommerce Ops
April 05, 2022  |  Retail

The online luxury retail space got a big new player Tuesday (April 5), when U.K.-based Farfetch said it was investing $200 million into Neiman Marcus’...

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Luxury Label Off-White Embraces Crypto Payments
Luxury Label Off-White Embraces Crypto Payments
April 04, 2022  |  Cryptocurrency

Luxury label Off-White has begun accepting bitcoin, Ethereum, Binance Coin and Ripple cryptocurrency payments at its stores in London, Paris and Milan, Vogue Business reported...

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Movado Group’s Online Retail Growth Leads to 15.5% Net Sales Increase
Movado Group’s Online Retail Growth Leads to 15.5% Net Sales Increase
March 24, 2022  |  Retail

Luxury is going online, at least for Movado Group in the fourth quarter of fiscal 2022, as the company called out growth in online retail...

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