Struggling luxury retailer Farfetch has been purchased by Coupang, the South Korean eCommerce giant. The deal gives Coupang greater access to the personal luxury goods space, while offering...
We exist at the intersection of behavior and technology. When innovation meets expectation, that’s where the magic happens — particularly as today’s consumers increasingly expect...
The luxury industry is reportedly facing a slowdown as shoppers sober up after their pandemic spending spree. This slowdown has left luxury brands with a...
Neiman Marcus has reportedly rejected a $3 billion takeover bid from Saks Fifth Avenue. The two luxury department store chains have been engaged in negotiations...
Cartier owner Richemont reportedly has no intention of investing in luxury retailer Farfetch. The company made that announcement Wednesday (Nov. 29) following the news that Farfetch could be...
The founder of online luxury fashion retailer Farfetch, José Neves, reportedly aims to take the company private. Neves, who has a 15% stake and 77% of the...
Although the aspirational shopper appears to have paused extravagant spending, MyTheresa is cashing in on the enthusiasm of savvy shoppers who still have some serious...
As inflation takes its toll on consumer spending, luxury consignment stores are grappling with the effects, witnessing a notable increase in the challenges associated with...
Members-only travel service Essentialist launched a new smartphone app that serves as a travel concierge. The Essentialist app allows travelers to manage their entire planning...