Luxury Brands news and trends

Luxury Brands Shed 50 Million Customers as Prices Climb
Retail // November 27, 2024

Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. 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...

UK’s Sign of the Times to Expand Luxury Resale Platform
Retail // 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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Localized Solutions Simplify Global Logistics for Vintage Home Furnishings Marketplace
eCommerce // December 20, 2022

As the vintage home furnishings market moves online, bespoke luxury brands are driving growth. 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...

Pandemic Prompts Designer Bag Price Hikes
Retail // 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 to more countries as rumors began circulating that prices for luxury handbags were about to...

Interviews & Exclusives
BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time

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. […]

Localized Solutions Simplify Global Logistics for Vintage Home Furnishings Marketplace

December 20, 2022
As the vintage home furnishings market moves online, bespoke luxury brands are driving growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

The Lunar New Year Commerce Explosion Hits China (And Beyond)

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...

Can Digital Assistants Take Luxury Retail To The Next Omni Level?

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...

Quick Reads
Luxury Brands Shed 50 Million Customers as Prices Climb

November 27, 2024
Luxury brands have shed roughly 50 million customers over two years as shoppers seek lower prices. 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 this form, you agree to […]

UK’s Sign of the Times to Expand Luxury Resale Platform

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. Get the Full Story Complete the form to unlock...

Pandemic Prompts Designer Bag Price Hikes

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...

Teens Use TikTok To Fake Luxury Goods

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. Get the Full Story...