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