Luxury
Caution Remained Key for Consumers in Holiday Spending
Reports by M1 and Accrue Savings find that consumers prioritized spending on everyday necessities while…
Prada Buys Fifth Avenue Store, Building and All, for $425 Million
The brand, which wrapped up a years-long legal battle with the owner earlier this year, had leased space at…
Canada Goose Taps Beth Clymer as President, Finance, Strategy, Admin
The parka-maker turns to a former Bain Capital operating partner who helped the company transition to the…
Mike Ashley’s Frasers Group Acquires Matches
Frasers has acquired Matches from private equity firm Apax Partners in a deal valued at 52 million pounds.
Gucci Supports UNICEF Education Program With Donation
The Italian luxury company is donating 300,000 euros to the organization's Education Thematic Fund to ensure…
Sotheby’s Launches Signature Media With Kristina O’Neill at the Helm
The former editor in chief at WSJ. Magazine announced her departure earlier this year.
Meet Coupang, the Company Rescuing Farfetch
The global retailer sometimes referred to as "the Amazon of South Korea" is moving further into luxury…
Top 10 Stories of 2023: Navigating China’s Luxury Slowdown
With no "short-term positive surprises" in sight, analysts believe luxury brands should continue to double…
Top 10 Stories of 2023: The Curious Case of Quiet Luxury
The movement was a palate cleanser following maximalism and logomania and the fallout from a global cost of…
Manual Craftsmanship Is More Than Quiet Luxury, Says Brunello Cucinelli
In a trading update, Cucinelli raised his company's 2023 sales guidance again, citing success driven by his…
Farfetch Hit by Moody’s Debt Downgrade
The cut to the luxury platform's credit rating, to "Caa2," comes amid growing uncertainty about the company's…
Ralph Lauren Links With Haworth for Luxe Furniture
The high-end furniture specialist will produce most of the brand's pieces on a made-to-order basis in Italy.
EXCLUSIVE: EBay Launches Limited-time Consignment Concierge With Handbags From Jenna Lyons’ Closet
The company's 'Luxe Line' bus will invite consumers to shop and consign luxury items across the West Coast.
5 Luxury Handbag Gifts That Top Our Holiday Wish List
Unbox a childlike sense of wonder with the most coveted designer bags this season.
LVMH Signs Deal to Sell Majority of Cruise Retail Business
The luxury giant is keeping a minority stake while handing control over to Jim Gissy and a group of investors.