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Luxury industry news, covering topics in business, law, beauty, apparel, technology, e-commerce, brick-and-mortar and fashion.
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Starting a business from the comfort of your home might seem daunting, but for 28-year-old Jenny Lei, it became a journey of resilience and growth. In a recent feature by CNBC News, Lei shares her inspiring story of transforming a…
As we navigate through 2024, the jewelry market continues demonstrating dynamic trends and consumer preferences. This year, specific jewelry categories have emerged as top sellers, driven by a mix of timeless appeal and modern innovation. The U.S. jewelry market is…
Hermès has established itself as a formidable player in the luxury market, achieving remarkable growth even as competitors like LVMH and Gucci face declines. The brand’s unique strategy of maintaining high demand while limiting supply has allowed it to thrive…
The luxury market in China, once a booming sector for European brands, is now facing a significant downturn. Despite expectations of a resurgence following the lifting of strict Covid restrictions, luxury spending in China has not only failed to rebound…
Tiffany & Co recently inaugurated a new flagship store at the prestigious Bal Harbour Shops in Miami Beach, FL. This flagship store will feature Tiffany’s latest and most coveted collections, aimed at captivating both long-time patrons and new customers. The…
The RealReal, a leader in the booming luxury resale market, has announced a major leadership shift as Rati Sahi Levesque takes over as CEO following John Koryl’s departure. Koryl, who served as CEO for less than two years, exits amid…
Warner Bros Discovery Global Consumer Products (WBDGCP) and Relevance International have launched sale allocations for the first-ever officially sanctioned replica of the Tumbler, the iconic vehicle driven by Batman in Christopher Nolan’s critically acclaimed The Dark Knight Trilogy. “Owning a Tumbler is the ultimate opportunity…
In 2024, the luxury beauty market has witnessed significant spending patterns across different regions, particularly in China and the United States. According to a recent survey, a substantial 58% of affluent respondents in China reported spending over $650 on luxury…
If you’re a fan of luxury handbags and frequently travel, one of the questions that come to mind is: “Where can I get the best deal on my favorite designer brands?” The cost of luxury handbags can vary greatly depending…
Bloomingdale’s, the iconic department store, is shaking up the luxury retail world with its latest move: teaming up with Rebag, a leader in luxury resale. Starting today, over 2,500 pre-owned designer handbags, watches, and jewelry will now be available on…