Luxury Retail news and trends

Saks Global Winds Down eCommerce Deal With Amazon
eCommerce // February 01, 2026

Bankrupt department store company Saks Global is ending its eCommerce partnership with Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Allbirds to Close Full-Price Stores in US and Devote Resources to eCommerce
Retail // January 28, 2026

Global lifestyle footwear brand Allbirds will close its remaining full-price stores in the United States by the end of February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Luxury Sector Turns to Wealthy Americans to Boost Business
Retail // January 25, 2026

Luxury goods makers are reportedly hoping wealthy American shoppers can buoy their business in 2026. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Amazon Blasts Saks, Objects to Bankruptcy
Amazon // January 15, 2026

Amazon is reportedly challenging luxury retailer Saks Global’s bankruptcy filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Interviews & Exclusives
The 75-Year-Old Brand Winning Over Today’s Luxury-Minded Men

November 20, 2025
Watch more: What It Takes to Modernize a 75-Year-Old Brand Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and […]

BNPL Makes Inroads With Luxury Brands as High Earners Pay Over Time

January 01, 2025
The conventional wisdom may be that buy now, pay later (BNPL) options are best suited for lower- to middle-income consumers, for smaller ticket items, and being able to afford necessities....

Luxury Retailers Merge and Partner Their Ways Through Economic Uncertainty

October 11, 2024
The luxury goods market is witnessing a notable trend toward strategic partnerships. Rather than retreating in the face of challenges, industry players are doubling down on collaboration to fortify their...

Italian Luxury Fashion at a Discount: Italist’s US Expansion

August 28, 2024
Italist is tapping into the growing American enthusiasm for Italian luxury fashion with a strategic approach that blends seasonal discounts and curated selections. Get the Full Story Complete the form...

Quick Reads
Saks Global Winds Down eCommerce Deal With Amazon

February 01, 2026
Bankrupt department store company Saks Global is ending its eCommerce partnership with Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Allbirds to Close Full-Price Stores in US and Devote Resources to eCommerce

January 28, 2026
Global lifestyle footwear brand Allbirds will close its remaining full-price stores in the United States by the end of February. Get the Full Story Complete the form to unlock this...

Luxury Sector Turns to Wealthy Americans to Boost Business

January 25, 2026
Luxury goods makers are reportedly hoping wealthy American shoppers can buoy their business in 2026. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Amazon Blasts Saks, Objects to Bankruptcy

January 15, 2026
Amazon is reportedly challenging luxury retailer Saks Global’s bankruptcy filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...