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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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The fashion and luxury industry is dominated by several major corporations that have established themselves as leaders in the market. These conglomerates have diversified their portfolios to include a wide range of high-end brands, catering to various segments within the…
The super-rich have a penchant for understated dressing, often opting for simple and elegant styles that don’t scream wealth. This preference for “quiet luxury” or “stealth wealth” is driven by various factors, including psychological reasons, decision fatigue, and the desire…
When it comes to shipping high-end items, ensuring their safety and security during transit is of utmost importance. High-value items can range from precious metals and stones, oversized products, luxury items, or any item worth $100 per pound or more.…
eBay, a global online marketplace with nearly 28 years of expertise, has announced the launch of its new brand platform, “Certified by Brand,” on April 27, 2023. This program aims to expand eBay’s luxury offerings by partnering directly with brands…
Tiffany & Co., the renowned American luxury jewelry brand, has recently reopened its New York flagship store as “The Landmark.” Located at 727 Fifth Avenue, this iconic ten-story retail building has been a symbol of luxury and elegance since its…
The rise of designer resale websites has revolutionized the luxury goods market, offering a sustainable and accessible alternative to traditional retail. The global luxury resale market was valued at US$32.61 billion in 2021 and is expected to reach US$51.77 billion by…
The rise of counterfeit goods among Generation Z has become a significant concern for luxury brands. This tech-savvy generation, born between the mid-1990s and early 2010s, is increasingly attracted to fake products due to various factors such as affordability, easy…
Luxury brands have always been associated with exclusivity, quality, and prestige. To effectively sell to affluent customers, these brands must employ a combination of marketing strategies that cater to the unique tastes and preferences of their target audience. One such…
The iconic Palazzo Versace hotel on the Gold Coast of Australia is set to undergo a significant transformation as the House of Versace, an international fashion powerhouse, has decided not to renew its branding agreement with the hotel’s owner, Dong…
The future of fashion resale is looking promising as the industry continues to evolve and adapt to the changing needs and preferences of consumers. The global secondhand market is expected to nearly double by 2027, driven by factors such as…
Luxury French fashion house Balmain and water brand Evian have recently unveiled the second phase of their ongoing partnership with the launch of a ready-to-wear capsule collection. This collaboration features 19 pieces, including hooded sweatshirts, shorts, t-shirts, bomber jackets, jeans,…