Luxury

Blacklane To Take On Uber, Lyft In Short-Range Trips
Blacklane To Take On Uber, Lyft In Short-Range Trips
February 28, 2021  |  Ridesharing

Berlin-based chauffeur service Blacklane is directly challenging Uber and Lyft in the short-distance passenger trip business, beginning Monday (March 1) in New York City, The...

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Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
Hermès Outpaces Luxury Rivals As Q4 Results Show Chinese Demand For $15K Purses
February 19, 2021  |  Retail

Strong Asian demand for leather bags, wallets and even $900 sneakers saw the French luxury design house and retailer Hermès post a 12.3 percent increase...

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Luxury Retailers May Burn Returned Items Instead of Dealing With Post-Brexit Red Tape
Luxury Retailers May Burn Returned Items Instead of Dealing With Post-Brexit Red Tape
January 25, 2021  |  Retail

Call it a designer pothole, the Gucci gap or a Burberry bump in the road — whatever name you choose, the reality is that the...

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Saks Fifth Avenue CEO Lauds Holiday Luxury Buying Binge
Saks Fifth Avenue CEO Lauds Holiday Luxury Buying Binge
January 21, 2021  |  Retail

Saks Fifth Avenue CEO Marc Metrick said luxury retail could be called “comfort food” for those mired in pandemic-related stress, CNBC reported. Metrick asked “why...

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Why Designer Handbag Reseller Marque Luxury Is Opening Brick-and-Mortar Showrooms
Why Designer Handbag Reseller Marque Luxury Is Opening Brick-and-Mortar Showrooms
January 07, 2021  |  Retail

High-end goods reseller Marque Luxury is bucking the trend of moving away from brick-and-mortar sites, augmenting its online platform for used designer handbags, accessories and...

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Luxury Goods Poised For Comeback In Asia; Digital Sales Gain Traction
Luxury Goods Poised For Comeback In Asia; Digital Sales Gain Traction
January 05, 2021  |  Retail

COVID-19’s hit to brick-and-mortar shopping and the broader global economy slammed worldwide luxury goods sales in 2020, but purchases are actually soaring among Asian, Gen...

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Luxury Retail’s 2020 Journey Goes From Up To Down To East And Online
Luxury Retail’s 2020 Journey Goes From Up To Down To East And Online
December 07, 2020  |  Retail

If you happen to be sitting on an extra $200,000 and are looking for a special gift for that certain someone, you’d better hustle over...

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Parent Company Of Luxury Online Retailer Mytheresa Files For IPO
Parent Company Of Luxury Online Retailer Mytheresa Files For IPO
November 25, 2020  |  IPO

MYT Netherlands Parent B.V. has filed for an initial public offering (IPO) of stock. MYT is the parent company of Mytheresa Group, the German-based online...

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Luxury eCommerce Retailer Farfetch Officially Opens For Used Goods
Luxury eCommerce Retailer Farfetch Officially Opens For Used Goods
November 19, 2020  |  Retail

Online retailer Farfetch is out to prove that the market for luxury merchandise fits fine with used goods. The eCommerce company is launching its Farfetch...

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