Luxury

Chinese Millennials May Save Luxury Brands
Chinese Millennials May Save Luxury Brands
January 18, 2018  |  Retail

Sales of luxury goods in China are skyrocketing — up around 20 percent from 2016 — in its sharpest growth since 2011, as Chinese millennials seek products...

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Saks President Says Firm Doesn’t Need In-Store AI
Saks President Says Firm Doesn’t Need In-Store AI
January 12, 2018  |  Retail

Luxury retailer Saks Fifth Avenue is taking a stand against the ongoing push for artificial intelligence (AI) in the brick and mortar shopping experience. In a...

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Neiman Marcus Finds New CEO In Former Ralph Lauren Executive
Neiman Marcus Finds New CEO In Former Ralph Lauren Executive
January 08, 2018  |  News

In the wake of the retirement of Karen Katz as CEO of Neiman Marcus, the company has said she will be succeeded by Geoffroy van Raemdonck, who...

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Bringing Luxury To The Humble Vending Machine
Bringing Luxury To The Humble Vending Machine
January 08, 2018  |  Retail

The word “vending machine” elicits a few typical images: candy bars, chips and soft drinks — though if one spends enough time in an airport personal...

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Neiman Marcus CEO Stepping Down
Neiman Marcus CEO Stepping Down
January 04, 2018  |  Retail

Karen Katz, CEO of Neiman Marcus Group, will be stepping down from her post, where she has served since 2010, according to news from The...

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Hitting Reset On Real World Retail Design
Hitting Reset On Real World Retail Design
December 12, 2017  |  Retail

Brick-and-mortar retail is often written off as a casualty of the digital age, but the numbers tell a different story. While there are a variety...

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The RealReal Face Investigation Over Goods Authenticity
The RealReal Face Investigation Over Goods Authenticity
December 12, 2017  |  Retail

Luxury consignment retailer The RealReal is facing a federally-filed lawsuit alleging the eCommerce site systematically inflates the weights of diamonds and other precious gems on...

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Today In Data: Consumer Spend, Venture Capital And Bitcoin Reach Record Highs
Today In Data: Consumer Spend, Venture Capital And Bitcoin Reach Record Highs
December 11, 2017  |  Today In Data

Today in PYMNTS’ data, consumers are spending billions on holiday preparations, venture capital (VC) funding is helping luxury eTail expand, subscription-based fitness class models are...

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The Increasingly Global Luxury Game
The Increasingly Global Luxury Game
December 11, 2017  |  Retail

Bringing in $165 million in venture funding is a major event in the life of any startup, particularly if the startup in question says it...

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