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Thieves Steal More Than $200K in Rare Sneakers

Days later, a coordinated group entered The RealReal's Palo Alto store and made off with $50,000 worth of…

GOAT Snags $195 Million as Apparel Thrives

GOAT's apparel sales skyrocketed 500 percent in the past 12 months while community-based sneaker startup…

Torrid Files for IPO (Again) as Ssense Gets a Shot in the Arm

As Sycamore-owned Torrid takes steps to go public, a new Sequoia investment values streetwear seller Ssense…

$13M Financing Helped Moda Operandi Secure New Investment Round

After naming former Neiman executive Jim Gold as CEO, Moda Operandi has raised new funding from new and…

Capri Narrows Q4 Loss as it Looks to Higher Prices for Kors

CEO John D. Idol explains why he expects to see "depressed wholesale numbers" for the foreseeable future.

Why Kering Is Backing Away From Puma

The French luxury titan reduced its ownership stake in the German sneaker giant to just 4 percent after once…

Burberry Minimizes Markdowns to Foster Full-Price Sales

The luxury icon said sales are beginning to recover, with key regions driving the resurgence.

With Rentals, Selfridges Helps Shoppers ‘Try Out a Different Kind of Style’

As consumer appetites evolve, the British department store is modernizing along with them.

Faux Woes: The RealReal Lawsuit Reveals ‘Shortcuts’ and ‘Smoke and Mirrors’

The RealReal's shareholders are taking the company to task with newly amended class action lawsuit regarding…

Chinese Consumers Drove Lion’s Share of 2020’s Luxury Growth

According to the NPD Group, domestic retail in particular surged, rising to 80 percent of Chinese luxury…

Success Story: How Peruvian Connection Saved Jobs and Acquired New Customers Via Virtual Selling

Upon closing its stores, the luxury apparel retailer leveraged Salesfloor to keep its store managers and…

State of Emergency in Japan Threatens Golden Week Sales

A spike in Covid cases has led fashion stores in Tokyo, Osaka, Kyoto and Hyogo to close just before Japan's…

Tod’s Seen as Takeover Target After LVMH Raises Stake

Following the close of the transaction, LVMH will own a 10 percent stake in Tod's, up from its previous 3.2…

Asia Powers Q1 Sales Gains at Hermès

An acceleration in sales in Asia Pacific helped Hermès post first quarter organic revenue growth of 33% above…

What Farfetch Shoppers Want From ‘Conscious’ Luxury

The digital luxury platform is taking stock of the market's growing efforts to become more environmentally…