Luxury

Signet Jewelers Buys Blue Nile to Tap Bridal Market, Expand Digital

Signet Jewelers Buys Blue Nile to Tap Bridal Market, Expand Digital
Signet Jewelers Buys Blue Nile to Tap Bridal Market, Expand Digital
August 09, 2022  |  Retail

Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring...

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Luxury Brands Spread Out Across US as New Wealth Centers Emerge
Luxury Brands Spread Out Across US as New Wealth Centers Emerge
August 07, 2022  |  Retail

Luxury brands like Gucci and Chanel have been expanding their horizons, opening locations in U.S. cities where they never used to do business. Get the...

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Tiffany NFTs to Hit the Market at $50K
Tiffany NFTs to Hit the Market at $50K
August 01, 2022  |  NFTs

At a time when the non-fungible token (NFT) market is in some state of upheaval, LVMH-owned Tiffany & Co. is jumping into the fray this...

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Saks Off 5th, Rent the Runway Team on Pre-Owned Fashion Offering
Saks Off 5th, Rent the Runway Team on Pre-Owned Fashion Offering
July 28, 2022  |  Partnerships

Saks Off 5th has teamed up with pre-owned fashion retailer Rent the Runway to give Saks customers access to secondhand designer fashion, according to a...

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Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
July 28, 2022  |  Retail

A rebound in travel combined with increased demand for luxury apparel pushed Kering to new financial heights in the first half of 2022, with the...

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LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
July 27, 2022  |  Retail

In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the...

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LVMH Overcomes China Slowdown With First-Half Sales Surge
LVMH Overcomes China Slowdown With First-Half Sales Surge
July 26, 2022  |  Retail

French luxury retailer LVMH on Tuesday (July 26) reported 21% organic sales growth in the first half of 2022, despite rising concerns about increasing inflation...

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Burberry Joins Tiffany, Valentino and Coach in Closing Hong Kong Flagship
Burberry Joins Tiffany, Valentino and Coach in Closing Hong Kong Flagship
July 11, 2022  |  Retail

British luxury fashion brand Burberry is closing its flagship store in Hong Kong in a move that marks the latest in big-name fashion brands that...

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Diesel Jeans Founder Creating Italian Version of French Luxury Conglomerates LVMH, Kering
Diesel Jeans Founder Creating Italian Version of French Luxury Conglomerates LVMH, Kering
July 11, 2022  |  Retail

Diesel founder Renzo Rosso told Financial Times he envisions his Italian luxury fashion empire, including sister brands Jil Sander and Marni, as one that’s modeled...

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