As the topic of nonfungible tokens (NFTs) has permeated conversations from the dinner table to the boardroom, players in the luxury space have developed varied attitudes toward this fluctuating market.
In the booming age of ecommerce, flexible payment provider Klarna is looking to reconnect online shoppers with retail associates through its newly launched virtual shopping service.
U.S. beauty group Coty saw double-digit sales growth in the third quarter of its 2022 fiscal year, with its prestige portfolio seeing acceleration.
While vaccines have been distributed for more than a year and most safety restrictions have been lifted, the COVID-19 pandemic continues to shape how people live, what they value and how they shop.
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From ecommerce to the metaverse, the fashion industry is experiencing rapid technological shifts across all points in the value chain.
Luxury streetwear brand Off-White has announced Ibrahim Kamara as its newest art and image director five months since the passing of the brand’s founder, Virgil Abloh.
A joint report by China’s University of International Business and Economics and Isheyipai estimated that sales of pre-owned luxury items in the Chinese mainland accounted for 5 percent of the overall luxury market in the same year.
While the first months of 2022 have been marked with uncertainty, one thing remains certain: strong demand for French fashion house Balenciaga.
Through social media efforts and nonprofit collaborations, luxury brands are honoring Earth Day, but as climate change poses a threat to all ecosystems, the messaging is not overwhelmingly celebratory.
