Luxury

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

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.

Are luxury brands cheaper in Dubai?

Dubai, a city known for its stunning beaches, impressive architecture, and massive shopping malls, attracts tourists from all around the world.

The Biggest Luxury Conglomerates in the World

The fashion and luxury industry is dominated by several major corporations that have established themselves as leaders in the market.

Why The Super Rich Love Understated Dressing

The super-rich have a penchant for understated dressing, often opting for simple and elegant styles that don’t scream wealth.

Mastering High Value Item Shipping: A Guide for Success

When it comes to shipping high-end items, ensuring their safety and security during transit is of utmost importance.

eBay launches 'Certified by Brand' luxury resale platform

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.

Tiffany & Co. reopened its New York flagship store

Tiffany & Co., the renowned American luxury jewelry brand, has recently reopened its New York flagship store as “The Landmark.”

The Rise of Designer Resale Sites

The rise of designer resale websites has revolutionized the luxury goods market, offering a sustainable and accessible alternative to traditional retail. 

The allure of counterfeit goods among Gen Z shoppers

The rise of counterfeit goods among Generation Z has become a significant concern for luxury brands.