As 2025 unfolds, the luxury market is undergoing a period of mixed results and shifting dynamics. Recent news and earnings reports reveal a sector experiencing notable evolution, per a ModernRetail report, requiring flexibility and strategic adjustments from its key players. Get the Full Story Complete...
The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and being able to afford necessities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Luxury brands like Gucci are reportedly spending billions to stay at high-profile addresses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Brand partnerships have long been a strategic element in the retail playbook, aiming to elevate brand image and reach out to untapped audiences. The recent collaboration between French luxury brand Longchamp and the department store Harrods in London exemplifies how such alliances can reshape customer...
January 01, 2025
The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and being able to afford necessities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. […]
March 31, 2025
Covision Media raised €5 million (about $5.4 million) in a funding round to continue developing its technology for 3D scanning and artificial intelligence (AI)-powered 3D content creation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]
April 07, 2024
Luxury brands like Gucci are reportedly spending billions to stay at high-profile addresses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
October 24, 2023
Luxury group Kering reported a 9% decline in revenue on a comparable basis in the third quarter, attributing the drop to macroeconomic conditions and its own changes in distribution. Get the Full...
April 18, 2023
Payments and cryptocurrency ecosystem Wirex has launched a private service aimed at wealthier consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
