At a time when the pandemic is reshaping the luxury industry, LVMH Moët Hennessy Louis Vuitton SE indicated on Wednesday (Sept. 9) it is withdrawing...
COVID-19 continues to take the shine off luxury goods. Despite some signs of improvement this month, LVMH, the world’s biggest luxury goods group, admitted that...
LVMH is considering walking back its deal to purchase Tiffany & Co. for $16.2 billion due to the effects the pandemic and recent U.S. social...
The luxury business is going the distance for COVID-19. While many luxury retailers have found themselves needing to slash prices to keep inventory moving, some...
As the retail luster of Hong Kong dissipates, luxury fashion retail brands LVMH and Prada are dropping their leases. At the same time, prime retail...
Barney’s has given way to Saks Fifth Avenue, directing shoppers to the latter’s sites in these last days of the year, one of the latest...
Makers of luxury goods, as well as beauty firms, are aiming to bring in shoppers who are moving away from malls and other venues. Some...
Restaurants that are driving food innovation with carefully chosen ingredients focused on health are seeking funding to help power their growth. True Food Kitchen, in one...