PYMNTS-MonitorEdge-May-2024

Valentino

Fashion Brands Drop Virtual Goods to Drive Omnichannel Engagement
Fashion Brands Drop Virtual Goods to Drive Omnichannel Engagement
July 15, 2024  |  Retail

From the metaverse to video game worlds, fashion companies are releasing digital clothing and accessories to create new sales opportunities and get consumers to engage...

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Birkenstock Preparing for September IPO in the US
Birkenstock Preparing for September IPO in the US
July 31, 2023  |  Retail

German footwear brand Birkenstock is reportedly getting set for a listing in the U.S. as soon as September. The brand’s owner, private equity firm L Catterton,...

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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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Valentino Sees Sales Climb 10% Despite ‘Shaky’ China
Valentino Sees Sales Climb 10% Despite ‘Shaky’ China
April 24, 2023  |  Retail

Italian luxury brand Valentino has seen sales rise thanks to its directly-owned stores. As Reuters reported Monday (April 24), Valentino enjoyed an 18% increase in...

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Amazon And Valentino Sue Over Alleged Counterfeits
Amazon And Valentino Sue Over Alleged Counterfeits
June 19, 2020  |  Retail

Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18),  alleging the company sold counterfeit goods as the trade in...

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Valentino Bumps Its Omnichannel Platform Up A Notch
Valentino Bumps Its Omnichannel Platform Up A Notch
April 11, 2017  |  Retail

No matter how high end or low end the brand may be, the digital revolution of the personalization-seeking consumer is impacting all retailers. As such,...

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