Luxury Daily, May 12, 2022 – Inflation continues to fuel consumer, stock market anxiety
Your Message Subject or Title
Your Message Subject or Title
Your Message Subject or Title
Despite prolonged economic uncertainty during the COVID-19 pandemic, the population of consumers with net wealth above $1 million has grown globally as the income inequality gap has widened.
Your Message Subject or Title
As fresh COVID-19 outbreaks in China disrupt offline business once again, Farfetch finds itself at the forefront of a huge growth opportunity.
French luxury conglomerate Kering is conveying its commitment to sustainability through conversations with leaders in the fashion industry.
While luxury has often been associated with exclusivity and high prices, consumers are finding ways to connect with notable labels via off-price retailers — a fast-growing segment of the fashion industry.
Your Message Subject or Title
Richemont’s Yoox is announcing a new space within the Yooxygen edit dedicated to responsible fashion.
As more luxury fashion retailers and brands incorporate circular business models, such as resale and upcycling programs, they are beginning to innovate within this sustainable space.