LVMH

Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
Citi Ventures’ Zec: ReCommerce Helps Luxury Brands See Second-Life Revenues
August 18, 2023  |  Merchant Innovation

Etsy, eBay and Craigslist marked the “first generation” of ReCommerce sites — where anybody could sell just about anything to anyone.  Etsy, Poshmark and Depop...

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Luxury Brands Want the Aspirational Shopper, But Not at a Discount
Luxury Brands Want the Aspirational Shopper, But Not at a Discount
August 01, 2023  |  Retail

When consumers don’t spend, retailers typically think to offer a discount. But discounts, as we all know, can become a slippery slope. What lengths will...

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Birkenstock Preparing for September IPO in the US
Birkenstock Preparing for September IPO in the US
July 31, 2023  |  Retail

German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton,...

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Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
July 30, 2023  |  Retail

After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline.  For years, luxury retailers enjoyed a post-pandemic boom thanks to...

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LVMH Reports Unexpected Slowdown 
LVMH Reports Unexpected Slowdown 
July 26, 2023  |  Retail

During the second quarter of 2023, LVMH’s portfolio brand Loewe secured the top spot on Lyst Index — a quarterly report that considers Lyst shoppers’ behavior,...

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Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
Why a VIP Membership at Luxury Department Store Harrods Will Cost Shoppers $21,000
July 19, 2023  |  Retail

While Richmont has essentially declared that China isn’t buying, prestigious London department store Harrods is preparing to unveil an exclusive club in Shanghai. This step not...

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LVMH Partners With Epic Games to Unleash Immersive Experiences
LVMH Partners With Epic Games to Unleash Immersive Experiences
June 14, 2023  |  Retail

LVMH Moët Hennessy Louis Vuitton has forged a partnership with the creators of Fortnite, Epic Games, to launch immersive experiences for customers within the virtual world.  ...

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Report: Chanel Sees Slowdown in Luxury Sector Sales in US
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023  |  Retail

Chanel has reportedly seen a slowdown in the United States. The privately-held luxury brand’s sales growth in the U.S. has dipped from about 10% in 2022 to “in...

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China Seeks Spike in Travel and Shopping Following Pandemic
China Seeks Spike in Travel and Shopping Following Pandemic
April 30, 2023  |  International

China is reportedly seeing a sharp increase in post-COVID travel and consumer activity. A Sunday (April 30) report by Bloomberg News, citing data from local...

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