As the vintage home furnishings market moves online, bespoke luxury brands are driving growth. In fact, today’s vintage furniture sellers are tapping into demand for high-end, one-of-a-kind pieces and are using online marketplaces to reach a global audience. What’s more, in the clogged-up supply chains...
Lines outside of Chanel in China started growing when lockdowns eased and people clamored to trade sweatpants for luxury. But now those lines are just getting longer and branching out to more countries as rumors began circulating that prices for luxury handbags were about to...
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 luxury brands are switching manufacturing to assist in the coronavirus crisis. For example, LVMH, which owns high-end brands Louis Vuitton,...
Teens are using the popular social media app TikTok to show each other how to find fake luxury products, called “dupes,” according to a report by CNBC. One woman, named Holly Yazdi, put up a video on how to fake a Cartier ring that cost $1,650,...
December 20, 2022
As the vintage home furnishings market moves online, bespoke luxury brands are driving growth. In fact, today’s vintage furniture sellers are tapping into demand for high-end, one-of-a-kind pieces and are using online marketplaces to reach a global audience. What’s more, in the clogged-up supply chains of post-pandemic international commerce, “having something that is right there […]
January 24, 2020
In 2019, Chinese consumers spent $149 billion across the Chinese New Year holiday, according to China’s Ministry of Commerce — a sum widely expected to be exceeded in 2020 to...
February 11, 2019
A common, enduring fantasy for many consumers — a group that likely includes many PYMNTS readers and writers — is walking into a high-end retail store, chain or boutique that sells luxury...
October 12, 2023
London-based luxury resale platform Sign of the Times, has recently received new investment from industry leaders, including BrandAlley and Sweaty Betty founder Tamara Hill-Norton. This investment round will enable Sign of the Times to expand its operations in the second-hand market. The partnership with BrandAlley will involve a white label “take back service,” aligning with BrandAlley’s commitment to […]
May 14, 2020
Lines outside of Chanel in China started growing when lockdowns eased and people clamored to trade sweatpants for luxury. But now those lines are just getting longer and branching out...
March 02, 2020
Teens are using the popular social media app TikTok to show each other how to find fake luxury products, called “dupes,” according to a report by CNBC. One woman, named Holly...
January 28, 2020
European luxury brands are asking EU regulators to be harder on online tech giants like Amazon and Alibaba regarding fakes and privacy, Reuters reported on Tuesday (Jan. 28). Andreas Kaufmann,...
