Luxury

Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
Report: LVMH Tells Analysts Demand Remains Weak in Luxury Sector
May 21, 2025  |  Retail

Luxury conglomerate LVMH reportedly told investors and analysts that demand remains soft due to weaker consumer confidence in China and other markets. Get the Full Story Complete...

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Richemont Aims to Avoid Price Backlash Seen in Luxury Sector
Richemont Aims to Avoid Price Backlash Seen in Luxury Sector
May 16, 2025  |  Retail

Luxury group Richemont will reportedly continue to limit its price increases, even in the face of new U.S. tariffs. Get the Full Story Complete the form to unlock...

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Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
Saks Says Plan to Pay Past-Due Bills Improved Vendor Relationships
April 28, 2025  |  Retail

Saks Global Enterprises reportedly told creditors that it has improved its relationships with vendors and built up its inventory since implementing a plan in February...

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LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
LVMH Ready to Launch Mitigation Strategies if Tariff Talks Fail
April 14, 2025  |  Earnings

Luxury goods retailer LVMH Moët Hennessy Louis Vuitton said it is prepared to increase prices on its products and take other mitigation strategies if negotiations...

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Airlines Boost Premium Offerings as Demand for Main Cabin Seats Slows
Airlines Boost Premium Offerings as Demand for Main Cabin Seats Slows
April 14, 2025  |  Travel Payments

Airlines are reportedly focusing on roomier seats and other perks for wealthier leisure travelers as other customer segments cut back on their spending. Get the...

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New PYMNTS Data Shows Affluent Shoppers Use Pay Later for Gucci and Groceries
New PYMNTS Data Shows Affluent Shoppers Use Pay Later for Gucci and Groceries
April 03, 2025  |  Buy Now Pay Later

Covet that designer dress at Bergdorf Goodman, but can’t pay for it because you’ve maxed out your credit cards? Increasingly, there’s another way. Get the...

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Affirm Teams With Stitch Fix as Fashion Sales Climb 20%
Affirm Teams With Stitch Fix as Fashion Sales Climb 20%
February 27, 2025  |  Partnerships

Affirm has launched a partnership with online personal styling service Stitch Fix. Get the Full Story Complete the form to unlock this article and enjoy...

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Shift4 Explores Tencent and Ant Pacts After Acquiring Global Blue
Shift4 Explores Tencent and Ant Pacts After Acquiring Global Blue
February 19, 2025  |  Partnerships / Acquisitions

Payments company Shift4 acquired tax-free shopping provider Global Blue in a deal that represents about $2.5 billion in enterprise value. Get the Full Story Complete...

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Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
Saks Seeks Suppliers’ Patience on Payments as Luxury Brands Struggle
February 16, 2025  |  Retail

Luxury retailer Saks is reportedly warning its suppliers that it may take some time to get paid. Get the Full Story Complete the form to...

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