When I heard Hudson’s Bay announcing the liquidation of its entire business in Canada, I wasn’t surprised.
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When I heard Hudson’s Bay announcing the liquidation of its entire business in Canada, I wasn’t surprised.
As of March 2025, Hudson’s Bay, Canada’s oldest company, is facing a critical juncture. The iconic department store chain, which has been in operation since 1670, has announced plans to liquidate its entire business unless it secures additional financing.
As of 2025, Generation Z—the 70 million Americans born between 1997 and 2012—has solidified its role as the most influential demographic in American fashion.
Tennis legend and entrepreneur Serena Williams has debuted her inaugural children’s clothing line, Serena Williams x Janie and Jack, a 35-piece spring collection celebrating family bonds and vibrant self-expression.
The global luxury market is walking a tightrope between tradition and transformation as it approaches 2030.
Charlotte Tilbury Beauty, the award-winning global luxury makeup, skincare, and fragrance brand, has launched at Bluemercury, a leading US luxury beauty retailer, marking a strategic expansion to deepen its reach in one of its largest markets.
Actress and entrepreneur Millie Bobby Brown has expanded her Florence By Mills Coffee brand with four new ready-to-drink (RTD) iced lattes, available exclusively at Walmart starting March 5, 2025.
Ultra Violette, the Australian sunscreen pioneer credited with revolutionizing SPF as a skincare hybrid, has officially launched in the USA via Sephora, marking its 30th global market.
The global luxury fashion industry, once buoyed by relentless post-pandemic demand, now faces a prolonged slowdown with growth projected at just 1–3% annually through 2027, according to McKinsey & Company’s State of Luxury 2025 report.
Over the past two years, the luxury industry’s customer base has contracted by approximately 50 million consumers, shrinking from 400 million to around 350 million by the end of 2024.
A recent Statista report published yesterday reveals significant disparities in enthusiasm for the metaverse across global markets, with emerging economies showing substantially higher interest than developed nations.
The luxury goods titan LVMH, founded in 1987 through the merger of Louis Vuitton with Moët Hennessy and now home to 75 iconic luxury brands, continues to dominate the global luxury market.
Gucci has reclaimed its position as the most successful luxury brand on Douyin, China’s popular short video app, surpassing Ralph Lauren.
REVOLVE has unveiled plans for its 8th Annual REVOLVE Festival, set to take place April 10–12, 2025, in Thermal, California.
A recent report from Statista provides a detailed breakdown of the market share of women’s luxury apparel sales in Canada for 2019.
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