Archive
Luxury industry news, covering topics in business, law, beauty, apparel, technology, e-commerce, brick-and-mortar and fashion.
Saks, a premier luxury e-commerce platform, announced its partnership with Lucid Motors, an American manufacturer of luxury electric vehicles. This collaboration, launched in February 2024, is…
Luxury brands’ outlet stores have become increasingly popular, allowing consumers to purchase high-end products at discounted prices. These stores are typically owned and operated by luxury…
The iconic Oakridge shopping centre in Vancouver is undergoing a redevelopment, and with it comes an impressive lineup of new luxury tenants. Among the first to…
Chanel has prevailed in a trademark case against the reseller What Goes Around Comes Around (WGACA), a company selling vintage and pre-owned luxury goods. The New…
The RealReal, a luxury resale marketplace, has recently partnered with Eon Exchange to enhance the transparency and trust in the luxury resale market. This collaboration is…
The luxury retail industry has long been at war with counterfeit goods, which undermine brand integrity and represent a significant loss in revenue. Over the years,…
As we step into 2024, discerning consumers are increasingly seeking out brands that offer an understated elegance, brands that don’t shout for attention but rather whisper…
Luxury brands are companies that sell high-end, premium products and services that are perceived by consumers as being of superior quality and craftsmanship. These brands target…
Italian luxury fashion house Prada has purchased the building housing its flagship store on New York City’s prestigious Fifth Avenue. The transaction, valued at $425 million,…
A mountain of unsold inventory is a multifaceted issue facing high-end luxury retailers this holiday season. Retailers and brands alike grapple with the issue of unsold…