42pc of American luxury shoppers buying high-end items as ‘rewards’: YouGov
These U.S. consumers are driven by emotion more often than functional factors such as quality when making designer purchases, according to a new report.
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YSL Beauty adds Bahamas, Colombia to rewilding project scope
The French brand’s charitable effort enters Latin America and the Caribbean, where luxury markets are blossoming.
LVMH revenues dip 2pc in Q1
Leaders at the French conglomerate cite inflation and luxury spenders leaning toward the experiential among the factors impacting sales.
Luxury Unfiltered: Brand stories are the secret to creating desirability
Luxury Unfiltered is a weekly column by Daniel Langer, an expert in luxury branding, hospitality and activations who was named a “Global Top 5 Luxury Key Opinion Leader” by Netbase Quid.
Nearly 50pc of consumers prefer secondhand shopping online: ThredUp
In 2023, the used apparel segment grew at seven times the rate of the retail market and 15 times faster than the apparel market, per the resale platform’s findings.
History brought to life at Harrods for 175th anniversary
The British department store is celebrating nearly two centuries of business via special edition drops, branded spaces, LED light shows, toy design competitions and more.
Neiman Marcus, Loewe unveil exclusive capsule
The U.S. retailer and Spanish fashion label are coming together to celebrate the achievements of the maison’s creative director though apparel and in-store activations.
Kering issues profit warning as Gucci sales drop
Ahead of the April release date for its Q1 earnings, the French luxury conglomerate’s shares are slipping steadily.
Bally lets simplicity shine for spring/summer 2024
Creative director Simone Bellotti’s debut collection for the Swiss apparel and accessories label leans into the 1970s sensibilities taking modern closets by storm.
Bulgari applies golden touch to South Korea
Activations across Seoul platform the B.zero1 jewelry line through pop-ups, exhibitions and campaigns starring local talent.