luxury retail

Social Media Influencers Behind Lavish Wedding Comeback
Social Media Influencers Behind Lavish Wedding Comeback
November 20, 2023  |  Retail

The COVID-19 pandemic drastically reshaped the landscape of weddings, giving rise to the trend of micro weddings. These smaller-scale celebrations, with trimmed guest lists and...

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Main Street Meets Luxury Consignment Shops With a High-Tech Update
Main Street Meets Luxury Consignment Shops With a High-Tech Update
November 08, 2023  |  Retail

Luxury consignment is a thriving niche within the fashion industry, offering a sustainable and cost-effective way for consumers to access high-end, designer products at more...

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The RealReal Gets Real Revenue From Advertising
The RealReal Gets Real Revenue From Advertising
November 07, 2023  |  Retail

The RealReal has been doing a lot of cleanup in 2023, and the luxury consignment shop is hopeful to see the fruits of its labor...

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Estée Lauder’s Sales Hit by Asian Headwinds, Mainly in China and Travel Retail 
Estée Lauder’s Sales Hit by Asian Headwinds, Mainly in China and Travel Retail 
November 01, 2023  |  Retail

Change is a constant factor, a reality that can even unsettle the most renowned brands, forcing them to confront various challenges, as is the case...

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Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue
Kering Says Macroeconomic Conditions and Distribution Changes Lowered Revenue
October 24, 2023  |  Retail

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...

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Can Alo Yoga Persuade Consumers to Pay Couture Prices? 
Can Alo Yoga Persuade Consumers to Pay Couture Prices? 
October 20, 2023  |  Retail

Premium and luxury are not the same.  In the world of fashion, premium brands strut their stuff by offering top-tier products that outshine mass-market alternatives,...

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As Inflation Tightens Wallets, Hermès Expands With Makeup to Win Consumers 
As Inflation Tightens Wallets, Hermès Expands With Makeup to Win Consumers 
October 18, 2023  |  Retail

Luxury fashion brand Hermès has broadened its offerings in the beauty sector, introducing a new line of products that includes mascara, eyeshadow, and makeup brushes. ...

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RBC Capital Markets Predicts Luxury Sector Downturn
RBC Capital Markets Predicts Luxury Sector Downturn
October 11, 2023  |  Retail

The luxury goods sector may be facing a potential downturn, according to RBC Capital Markets. The investment bank said in a recent note that one of...

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Inflation Keeps Aspirational Shoppers Deflated, LVMH Observes 
Inflation Keeps Aspirational Shoppers Deflated, LVMH Observes 
October 11, 2023  |  Retail

The state of the aspirational shopper has remained the same since the last quarter, according to LVMH.   As a refresher of the unchanged shopper, in...

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