luxury retail

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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Wealthy Shoppers Swap Quiet Luxury for Festive Flair This Holiday 
Wealthy Shoppers Swap Quiet Luxury for Festive Flair This Holiday 
September 28, 2023  |  Retail

According to affluent shoppers, quiet luxury — understated refinement, subtlety, and minimalist elegance — is out. So what exactly does that mean for retailers, especially...

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Will Rebag Get Consignment Right? 
Will Rebag Get Consignment Right? 
September 25, 2023  |  Retail

In March, The RealReal, revealed that it would be looking to consign its way to near-term profitability. Since its establishment in 2011, this platform dedicated...

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Affordable Luxury Sales Gets Caught in Middle-Tier Crunch
Affordable Luxury Sales Gets Caught in Middle-Tier Crunch
September 03, 2023  |  Retail

Some brands continue to seek market share for shoppers seeking lower-priced luxury, even as competitive sales slow.  After decades of defining themselves through exclusivity and personalized services...

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Chanel’s Diner: Where Customers Don’t Go for the Food
Chanel’s Diner: Where Customers Don’t Go for the Food
September 02, 2023  |  Retail

Chanel is opening a diner in Williamsburg, Brooklyn — but don’t expect the typical diner-esqe grubs — burgers and french fries, as it wouldn’t be...

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