luxury retail

Luxury Brands Spend Billions for High-End Shopping Real Estate
Luxury Brands Spend Billions for High-End Shopping Real Estate
April 07, 2024  |  Retail

Luxury brands like Gucci are reportedly spending billions to stay at high-profile addresses. As The Wall Street Journal (WSJ) reported Saturday (April 6), these companies are worried...

READ MORE >
Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
February 27, 2024  |  eCommerce

Korean eCommerce giant Coupang announced fourth-quarter earnings on Tuesday (Feb. 27), reporting a year of accelerated growth, record profits and a strong cash balance of over...

READ MORE >
LVMH Sees Strong Growth With Kohl’s-Sephora Partnership 
LVMH Sees Strong Growth With Kohl’s-Sephora Partnership 
January 25, 2024  |  Retail

Luxury goods giant LVMH, best known for brands like Louis Vuitton, Dior and Tiffany, reported a 10% surge in sales for the fourth quarter on...

READ MORE >
Zalando Doubles Down on Luxury and Exclusivity to Capture High-Earner Potential 
Zalando Doubles Down on Luxury and Exclusivity to Capture High-Earner Potential 
January 23, 2024  |  Retail

Zalando, the European fashion and lifestyle eTailer, is elevating the “designer experience” on its website and app by introducing a luxury boutique-style space dedicated to...

READ MORE >
Is the Luxury Slowdown Normalization or Inflation? 
Is the Luxury Slowdown Normalization or Inflation? 
January 16, 2024  |  Retail

There was a time last year when we heard luxury retailers say that the slowdown they were experiencing was a sign of “normalization,” but now...

READ MORE >
Brunello Cucinelli: When Consumers Recognize Product Value, They Spend 
Brunello Cucinelli: When Consumers Recognize Product Value, They Spend 
January 09, 2024  |  Retail

Over the past year, the focus in retail has been delivering the value that customers seek. While many assume this means offering the lowest prices,...

READ MORE >
Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
December 21, 2023  |  eCommerce

Matchesfashion has officially changed hands.   Frasers Group, the British retail conglomerate, has acquired the luxury multibrand retailer for £52 million ($65 million) from private equity...

READ MORE >
China’s Once-Dependable Tourists Are Growing Younger and Spending Less
China’s Once-Dependable Tourists Are Growing Younger and Spending Less
December 17, 2023  |  Consumer Insights

Chinese tourists are traveling again, but reportedly aren’t spending like they did before the pandemic. There was a time when the retail world catered to...

READ MORE >
Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
Luxury Spending Continues to Slow Amid Geopolitical Uncertainty and Inflation
December 13, 2023  |  Retail

A slowdown in luxury spending, combined with excessive inventory levels for the holiday season, has reportedly prompted fears of a discounting spiral that could cheapen...

READ MORE >