luxury retail

Driving Sales Through Exclusivity Takes Time, Says Brunello Cucinelli  
Driving Sales Through Exclusivity Takes Time, Says Brunello Cucinelli  
August 30, 2023  |  Retail

Quiet luxury is the epitome of exclusivity, transcending ostentatious displays of wealth, and that’s a realm Brunello Cucinelli is determined to stay in.  “Exclusivity and...

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Rolex to Acquire Watch Retailer Bucherer
Rolex to Acquire Watch Retailer Bucherer
August 24, 2023  |  Retail

Luxury watchmaker Rolex plans to boost its presence in the retail space by acquiring watch merchant Bucherer. This acquisition will ensure the continuation of Bucherer’s success and strengthen...

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Marc Jacobs Beauty Reemerges to Cater to the Aspirational Shopper 
Marc Jacobs Beauty Reemerges to Cater to the Aspirational Shopper 
August 24, 2023  |  Retail

With the impact of inflation causing changes in consumer behavior and their preferences in extravagances, — with some opting for travel and others exploring luxury...

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Wealthy Travelers’ Vacation Spending Bumps Harrods Sales 
Wealthy Travelers’ Vacation Spending Bumps Harrods Sales 
August 17, 2023  |  Earnings

Although inflation has improved, worries about prices continue to trouble 82% of consumers. The remaining 18%, however, might be playing a role in the increase...

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Luxury Brands Want the Aspirational Shopper, But Not at a Discount
Luxury Brands Want the Aspirational Shopper, But Not at a Discount
August 01, 2023  |  Retail

When consumers don’t spend, retailers typically think to offer a discount. But discounts, as we all know, can become a slippery slope. What lengths will...

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Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
Luxury Retailers Say Slowdown Is a Sign of ‘Normalization’
July 30, 2023  |  Retail

After going “bonkers” during the pandemic, the luxury retail sector is returning to its baseline.  For years, luxury retailers enjoyed a post-pandemic boom thanks to...

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Hollister Overhauls to Tap Impulse Buying Opportunity
Hollister Overhauls to Tap Impulse Buying Opportunity
July 18, 2023  |  Retail

Opinions may vary, but Hollister Co. has left a lasting impression on those who came of age in the early 2000s. Renowned for its beach-inspired...

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Richemont Confirms China’s Diminishing Role in Luxury Retail 
Richemont Confirms China’s Diminishing Role in Luxury Retail 
July 18, 2023  |  Retail

China, once hailed as the savior of the luxury sector, is no longer providing the same support as before, at least for now. The industry...

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The Jane Birkin Effect: From Hermès to Brunello Cucinelli and the Rise of Quiet Luxury 
The Jane Birkin Effect: From Hermès to Brunello Cucinelli and the Rise of Quiet Luxury 
July 17, 2023  |  Retail

Jane Birkin, the British-born actress and singer, and the inspiration behind the iconic Hermès handbag that bears her name, died on Sunday (July 16) at...

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