Luxury Retailer

A luxury retailer is a business that specializes in selling high-end, premium products that are often synonymous with opulence and high quality. These retailers typically offer goods from top-tier brands known for their craftsmanship, exclusivity, and design. The products sold by luxury retailers range from clothing and accessories to jewelry, watches, and sometimes even gourmet foods and home decor. Luxury retailers cater to an affluent clientele that seeks items that convey status, taste, and a level of wealth. They are characterized by their superior customer service, personalized shopping experiences, and often opulent retail environments. Examples of luxury retailers include Saks off 5th, Nordstrom, Holt Renfrew, Neiman Marcus, and Harrods.

Hermès showcases its new collections for the home in Milan

Hermès has unveiled its new home collections for 2021-2022 at Milan Design Week. The showcase took place at La Pelota, where the brand displayed its latest creations inside four monumental structures.

LVMH, Prada & Cartier partner on Aura Blockchain Consortium

An unprecedented collaboration between luxury industry giants LVMH, Prada Group, and Cartier (part of Richemont) led to the creation of the Aura Blockchain Consortium.