Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further interest in offering cryptocurrencies as a means of payment to …
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Luxury
Executive Memo | Luxury Has a Pricing Problem. What Now?
Luxury has a pricing problem. Products at major luxury brands cost an average of 54 percent more than they did in 2019, according to HSBC. …
LVMH Extends Its Bet on Luxury Hospitality With Fontenille Deal
LVMH is betting on a small but high-end French hotel group with properties in tourist hot spots like Tuscany and Minorca for its latest expansion …
Is the Luxury Watch Market Turning a Corner?
Luxury watch enthusiasts are hoping that a two-year stretch of plunging prices and sagging demand is nearing an end. Hard evidence for a rebound is …
The Luxury Beauty Wellness Lovers Holiday Gift Guide
The Luxury Beauty Wellness Lovers Holiday Gift Guide With so many products on the market and new advancements every day, it can be hard to …
Hailey Bieber Just Took Cozy Luxury to the Next Level With a Very Practical Accessory
It only took one piece to turn Hailey Bieber’s basic outfit into a winning Thanksgiving look. Amid various Rhode product advertisements, the 28-year-old shared a …
The BoF Podcast | The Great Luxury E-Commerce Reckoning
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Can Mytheresa Keep Its Place at the Top of Luxury E-Commerce in 2025?
Opens in new window Being a multi-brand luxury retailer online has never been harder. There are the high costs to acquire new customers, the ever-present …
Thailand Is Becoming a Luxury Retail Powerhouse
Thailand’s booming luxury market is about to go into overdrive with the opening of a $3.2 billion upscale shopping district in the capital’s diplomatic quarter. …
Global Luxury Sales to Fall 2% in 2024, Bain Says
Sales of personal luxury goods are set to fall 2 percent this year, making it one of the weakest on record, with price hikes and …
Ralph Lauren Raises Outlook, Bucking Broader Luxury Slowdown
Ralph Lauren Corp. raised its outlook for the year, citing strong sales in Europe and Asia and expectations for a solid holiday shopping season. The …
Exclusive: Next Launches Luxury E-Commerce Site ‘Seasons’
UK retail giant Next has launched Seasons, a contemporary fashion and luxury e-commerce site. The launch comes less than a year after the collapse of …
Luxury Slowdown Could Last Longer Than Previous Crises, Chanel Watches and Jewellery President Warns
The biggest challenge for the luxury sector today is not the general macroeconomic context or the weakness of key markets like China, but customer fatigue …
The Next Chapter of Swarovski’s ‘Pop Luxury’ Turnaround
Ariana Grande has released three platinum singles this year, hosted “Saturday Night Live” and been gearing up for the November premiere of the film adaptation …
How Grand Seiko Is Seizing Japan’s Luxury Shopping Moment
While the Swiss watch industry is battered by the global luxury downturn, one Japanese watchmaking company is reporting an uptick in sales. According to its …
Is Zimmerli Luxury? Unveiling the True Status of Switzerland’s Finest Underwear
Zimmerli of Switzerland, a name whispered in exclusive circles, has long been associated with the pinnacle of underwear craftsmanship. But in a world where the …
Hermès Faces Slowest Quarter in Years as Luxury Woes Spread
Hermès, traditionally resilient in the face of challenges weighing down its luxury peers, will probably show the impact of the industry slowdown in its third-quarter …
The Debrief | How Dupe Culture is Challenging Traditional Luxury
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China’s Booming Grey Markets Add Woes to Luxury Brands
China’s second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to …
The Truth of Turnbull & Asser Shirts – Worth Every Penny or Overpriced Luxury?
Turnbull & Asser, a paragon of sartorial excellence, has been crafting shirts for the discerning gentleman since 1885. With a clientele that has included Sir …