luxury retail

Luxury Firms Compete for Buildings on Fifth Avenue

Luxury Firms Compete for Buildings on Fifth Avenue
Luxury Firms Compete for Buildings on Fifth Avenue
April 08, 2024  |  Retail

Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Get the Full Story Complete the form to unlock...

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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. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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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...

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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...

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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...

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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...

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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,...

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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.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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

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