Luxury

Saks Debuts Online Wellness Shop 
Saks Debuts Online Wellness Shop 
January 06, 2022  |  Retail

Luxury eCommerce platform Saks on Thursday (Jan. 6) launched The Wellness Shop on Saks.com, with both men’s and women’s spaces in the top navigation on...

READ MORE >
Ferrari Partners With Blockchain Firm Velas to Launch Digital Assets
Ferrari Partners With Blockchain Firm Velas to Launch Digital Assets
December 28, 2021  |  Partnerships

Ferrari has launched a partnership the Swiss blockchain and NFT company Velas Network, the car maker announced Monday (Dec. 27).  The agreement “provides for the...

READ MORE >
Digital Spin-Offs Are Suddenly in Fashion as Ailing Dept Stores Seek Easy Fixes
Digital Spin-Offs Are Suddenly in Fashion as Ailing Dept Stores Seek Easy Fixes
December 21, 2021  |  Retail

Forget about faux fur, puffy vests or warm woolen knits; the most fashionable trend at department stores this holiday season has nothing to do with...

READ MORE >
Zegna Goes Public Through $3.1B SPAC Deal with Investindustrial 
Zegna Goes Public Through $3.1B SPAC Deal with Investindustrial 
December 20, 2021  |  SPAC

Italian luxury fashion company Zegna is making its debut on the New York Stock Exchange Monday (Dec. 20) under the ticker symbol ZGN after a...

READ MORE >
From Armani to Zegna, B2B Marketplaces Transform High-Touch World of Luxury Wholesale
From Armani to Zegna, B2B Marketplaces Transform High-Touch World of Luxury Wholesale
December 20, 2021  |  B2B Payments

Digital wholesale management platform JOOR has added another outfit to its wardrobe. Already serving business-to-business (B2B) buyers and sellers in the luxury spaces, it’s now...

READ MORE >
Luxury Retailers Look to a Comfortable 2022
Luxury Retailers Look to a Comfortable 2022
December 16, 2021  |  Retail

Luxury brands in Europe and the U.S. are looking forward to a robust 2022 following 18 months of strong sales, even in the midst of...

READ MORE >
Sotheby’s Sells $7.3B in Art in 2021 Thanks Partly to First-Time Bidders
Sotheby’s Sells $7.3B in Art in 2021 Thanks Partly to First-Time Bidders
December 15, 2021  |  Earnings

Sotheby’s has sold $7.3 billion in art sales this year, a new high for the 277-year-old company, The Wall Street Journal (WSJ) reported Wednesday (Dec....

READ MORE >
Luxury Reseller Rebag Bags $33M in Series E
Luxury Reseller Rebag Bags $33M in Series E
December 15, 2021  |  Investments

The online luxury goods reseller Rebag says it has raised $33 million through a Series E round, bringing the firm’s total funding to $101 million....

READ MORE >
Chanel Hires Leena Nair as Youngest, First Female CEO
Chanel Hires Leena Nair as Youngest, First Female CEO
December 15, 2021  |  Retail

Chanel has appointed Leena Nair as global chief executive officer, grabbing the company’s youngest and first female CEO after her 30-year tenure at consumer goods...

READ MORE >