Luxury

Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation
Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation
November 18, 2020  |  Retail

While the ongoing COVID-19 pandemic has hit the luxury goods market hard, it has also spurred underlying change in the business, according to a new...

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Amazon Takes Aim at Counterfeiters, Collaborators In Federal Lawsuit
Amazon Takes Aim at Counterfeiters, Collaborators In Federal Lawsuit
November 12, 2020  |  Legal

Luxury product rip-off artists and their social media accomplices beware: Amazon is coming after you. Amazon on Thursday (Nov. 12) filed a lawsuit in federal...

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Tiffany Upbeat On Sales, Operating Earnings Amid COVID-19 Comeback
Tiffany Upbeat On Sales, Operating Earnings Amid COVID-19 Comeback
October 15, 2020  |  Retail

Tiffany & Co. said that preliminary results for August and September 2020 are positive, even as its “worldwide net sales for the two-month period declined...

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WeWork Co-founder Invests In Residential Real Estate Service
WeWork Co-founder Invests In Residential Real Estate Service
October 14, 2020  |  Investments

WeWork Co-founder Adam Neumann, who left the flexible office-space company during its attempt to go public, has invested $30 million in Alfred Club, a startup...

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Movado Says It’s Time For Cross-Border eCommerce
Movado Says It’s Time For Cross-Border eCommerce
October 14, 2020  |  Retail

The luxury goods space is ramping up its digital presence for holiday sales. Case in point: Movado. The upscale watch and jewelry company announced on...

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Social Commerce And Livestreaming Attract Big Brands In Southeast Asia
Social Commerce And Livestreaming Attract Big Brands In Southeast Asia
October 09, 2020  |  Retail

People are shopping more and they’re shopping for more. That’s the current state of play in Southeast Asia where social commerce is growing rapidly as...

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The RealReal Partners With Gucci For Sustainability Effort
The RealReal Partners With Gucci For Sustainability Effort
October 07, 2020  |  Retail

The reCommerce luxury marketplace The RealReal announced a unique partnership this week, linking up with Gucci through the end of the year to launch an online...

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The RealReal, Gucci Link Up To Market Authenticated Consignment Goods
The RealReal, Gucci Link Up To Market Authenticated Consignment Goods
October 07, 2020  |  Retail

The RealReal, a marketplace for authenticated luxury consignment items, and Gucci, which produces some of the most popular goods sold on The RealReal, have inked...

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High-End Spirits Brands Embrace DTC Model
High-End Spirits Brands Embrace DTC Model
October 06, 2020  |  Retail

The luxury goods category continues to embrace the digital-first economy as ultra-high-end spirits company Louis XIII Cognac has opened a direct-to-consumer channel. The brand first...

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