Majority of luxury shoppers favor ecommerce over bricks-and-mortar
Two-thirds of luxury consumers say they increased their online shopping over last year, and they show a greater preference for ecommerce than the average population.
Search Results for: net-a-porter
Sharing economy comes to luxury retail with Bloomingdale’s rental service
Department store chain Bloomingdale’s is set to debut its own rental subscription service, becoming the first luxury retailer to enter the increasingly competitive space.
Sneakers, streetwear dominate Q2 in fashion
Gucci, Balenciaga, Valentino and Prada are some of the most sought-after brands this season, as the popularity of their luxury streetwear and logo-focused handbags are pushing them forward.
Mr Porter’s new commitment to health exhibits how prolific wellness has become
As wellness culture infiltrates the majority of industry sectors, the trend has made its way to men’s fashion, as online retailer Mr Porter pivots to commit to men’s mental and physical health.
Top 10 retail headlines of H1
Luxury retailers have been reorganizing and developing new strategies to gain better traction as modern retail becomes vastly different than the past.
Bricks-and-mortar still reigns for jewelry retail: report
Despite jewelry retailers’ expanded adoption of ecommerce, most consumers are still making their purchases in-store.
Top 10 apparel and accessories headlines of H1
With consumers’ minds focusing on the health of the planet, social justices and the treatment of workers and animals, the apparel and accessories sector has had a turbulent year attempting to adapt.
Optimism falls among US fashion brands as costs climb
Fashion executives are feeling less optimistic about their industry, as the extended trade war and economic uncertainties continue to impact the sector.
How Prada is transforming itself for the Digital Age
Italian luxury brand Prada is rethinking its business strategy, embarking on a bold overhaul of its digital offering that includes brand collaborations, ecommerce partnerships and dedicated online campaigns.
Double-digit growth in Asia helps drive Richemont’s Q1 sales
Swiss luxury conglomerate Richemont’s sales were up 12 percent in the first quarter of the fiscal year, thanks in part to double-digit growth in Asia and its jewelry houses.