Luxury

Strong Luxury Demand Drives LVMH Sales
Strong Luxury Demand Drives LVMH Sales
October 13, 2021  |  Retail

Luxury products group LVMH Moët Hennessy Louis Vuitton on Tuesday (Oct. 12) said its revenue rose 46% from 2020 in the first nine months of...

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Consumers’ Subscription Limit, Walmart and Rachael Ray Livestream Shopping Event, Luxury Brands Seek New Connections
Consumers’ Subscription Limit, Walmart and Rachael Ray Livestream Shopping Event, Luxury Brands Seek New Connections
September 29, 2021  |  Today In Data

The end of the COVID-19 pandemic seems nowhere in sight, so luxury brands are trying new tactics to get and keep their customers. Plus, retailers...

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Luxury Brands Seek New Consumer Connections as End of Pandemic Remains Elusive
Luxury Brands Seek New Consumer Connections as End of Pandemic Remains Elusive
September 28, 2021  |  Retail

With consumers continuing to push back their expectations of when the pandemic will end, luxury brands are getting creative about how they reach consumers, trying...

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Digital-First Jewelry Startup Brilliant Earth Opens 40% up After Downsized IPO
Digital-First Jewelry Startup Brilliant Earth Opens 40% up After Downsized IPO
September 24, 2021  |  IPO

Digital-first jewelry startup Brilliant Earth debuted on Nasdaq at $12 per share under the ticker BRLT following a downsized initial public offering (IPO), according to...

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Rebag CEO Eyes $50B of Luxury Inventory That Is ‘Sitting in Closets’
Rebag CEO Eyes $50B of Luxury Inventory That Is ‘Sitting in Closets’
September 13, 2021  |  Retail

Though the luxury secondhand market is currently growing four times faster than the luxury market, Charles Gorra, founder and CEO of Rebag, says there’s still...

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RH Sees ‘Long Tail’ for Consumer Spending On the Home
RH Sees ‘Long Tail’ for Consumer Spending On the Home
September 09, 2021  |  Retail

Luxury furniture and home goods retailer RH remains bullish that strong consumer spending will continue despite serious supply chain issues, as the company tries to...

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NFT Marketplace OpenSea Sees $3.4B Transaction Volume in August
NFT Marketplace OpenSea Sees $3.4B Transaction Volume in August
September 06, 2021  |  Cryptocurrency

The nonfungible token marketplace OpenSea recorded a $3.4 billion transaction volume on Ethereum last month, a tenfold increase from July.   That’s according to MarketWatch, which...

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Amazon Stores, Luxury Expansions, Home Depot And Lowe’s Target Pros
Amazon Stores, Luxury Expansions, Home Depot And Lowe’s Target Pros
August 20, 2021  |  Today In Data

Lowe’s and Home Depot are both pushing to add more professionals to their customer base. Plus, Amazon is reportedly working on a department store rollout,...

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Farfetch Reports Over $1 Billion In Merchandise Volume For Q2
Farfetch Reports Over $1 Billion In Merchandise Volume For Q2
August 19, 2021  |  Retail

Farfetch, which works as a global platform for the luxury industry, has seen its gross merchandise volume (GMV) exceed $1 billion since last year. José...

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