Luxury

Luxury industry news, covering topics in business, law, beauty, apparel, technology, e-commerce, brick-and-mortar and fashion.

18 Commercial Real Estate Terms You Should Understand

When it comes to investing in commercial real estate, understanding the terminology is crucial. Without a solid grasp of the key terms and concepts, navigating the complex world of commercial real estate can be overwhelming and potentially costly.

Sotheby's and Louis Vuitton Join Forces for a Charitable Cause

Louis Vuitton has partnered with the prestigious auction house Sotheby’s for an extraordinary charity auction. This collaboration aims to raise funds for various charities and NGOs chosen by the participating artists.

Saint Laurent, Versace, Jimmy Choo and Tag Heuer will open stores in Montreal

Montreal, known for its vibrant culture and thriving fashion scene, is about to welcome three iconic luxury brands to its retail landscape.

LVMH Partners with Epic Games to Transform Customer Experiences

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has announced a strategic partnership with American video game and software developer Epic Games, the creator of Fortnite and Unreal Engine.

Louis Vuitton Embraces Web3 with Exclusive Digital Trunk Collection

French luxury brand Louis Vuitton is venturing into the world of non-fungible tokens (NFTs) and Web3 with the launch of its exclusive digital trunk collection, the VIA Treasure Trunk.

Louis Vuitton's Iconic Neverfull Tote: A Shift in Availability and Exclusivity

Louis Vuitton, a renowned luxury brand, has recently made a significant change to the availability of its iconic Neverfull Tote.

Where To Buy Brand-New Luxury Goods For Less

The luxury goods market is a thriving industry, with revenue expected to reach US$354.80 billion in 2023 and an annual growth rate of 3.38% from 2023 to 2028.

Jacquemus Teams Up With Nike, J Force 1 Collection

Nike has joined forces with French designer Simon Porte Jacquemus to create the highly anticipated J Force 1 collection.

Lightbox Unveils New Retail Store Concept

Lab-Grown Diamond Brand Lightbox Unveils New Retail Concept Shop at HOUSE OF SHOWFIELDS in Williamsburg. The innovative lab-grown diamond brand Lightbox announced the opening of its new retail concept shop at HOUSE OF SHOWFIELDS in the trendy Williamsburg neighborhood of Brooklyn, New York.

The Webster Expands its Retail Empire with Simons Partnership

The luxury fashion retailer, The Webster, is set to open three new locations by the end of 2024, in a strategic partnership with Simon, a global leader in retail real estate.

What is Consignment: Business Model Explained

Consignment selling is a business model that allows individuals or businesses to lend out their items to a shop that contracts to sell them at an agreed price and split the proceeds in accordance with an agreed formula.

Chanel reported revenues of $17.2 billion dollars

Chanel, the iconic French luxury fashion house, has reported a remarkable 17 percent increase in its revenue for 2022, reaching a staggering $17.22 billion.

Kering opens new Italian headquarters located in Milan

Kering, a renowned luxury group, has recently opened its new Italian headquarters in the bustling city of Milan.

Becoming a Luxury Retail Buyer: Everything You Need To Know

If you have a passion for fashion and want to work in the luxury retail industry, becoming a luxury retail buyer might be the perfect career path for you.

Elizabeth Arden opens first virtual store with Obsess

Elizabeth Arden, the iconic beauty brand, has taken a bold step into the future of retail by launching a shoppable virtual store in partnership with experiential eCommerce platform Obsess.

Selfridges Targets Sustainable Shoppers with New 'Stock Market' Concept

In a bid to appeal to environmentally conscious and sustainable shoppers, luxury department store Selfridges has introduced an innovative concept called ‘The Stock Market’ in its Corner Shop space.

Chloé and Teva Collaborate on Shoe Capsule

Chloé, a renowned luxury fashion brand, has collaborated with popular footwear brand Teva to create a unique line of summer sandals.

Chanel opens largest U.S. store on Rodeo Drive

Chanel, the iconic French luxury brand, has recently opened its largest store in the United States on the prestigious Rodeo Drive in Beverly Hills, California.

What luxury brand is the oldest?

Hermès holds the title of the world’s oldest luxury brand still in operation today. Established in 1837 by Thierry Hermès, the French fashion house initially produced saddles and other equestrian supplies.

Where is the cheapest place to buy Louis Vuitton?

Louis Vuitton, a luxury brand known for its iconic Monogram canvas, has been a symbol of elegance and sophistication since its inception in 1854.