Department store chain Saks Fifth Avenue is adding more than 1,200 fitness classes to the available in-store amenities at its New York flagship as wellness takes hold of luxury retail.
Swiss watchmaker IWC Schaffhausen is popping up at Harrods to showcase its newly dual gender approach to timepiece design.
Luxury conglomerate Moët Hennessy Louis Vuitton has confirmed months-long rumors of its creation of a multi-brand flagship.
NEW YORK – Although attention is beginning to shift from Gen Y, more commonly referred to as millennials, toward younger Gen Z consumers, the idealism of the former demographic has redefined what luxury means.
Apparel and accessories brands need to progress much further in an omnichannel strategy, as millennials’ shopping experience spans a multitude of channels, starting online for product discovery and ending with purchasing on any given platform.
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Immediacy is one of the most important aspects of the modern retail process, according to a report from Euromonitor, and for luxury brands this presents a challenge in balancing convenience with exclusivity.
High-end beauty and personal care products will likely dominate the beauty sector for the foreseeable future, since they have outperformed the standard two years in a row, according to a new report from Euromonitor.
Britain’s prime minister Theresa May has triggered Article 50 of the Lisbon Treaty, formally beginning the process of leaving the European Union.
