The Ultra Wealthy Are Spooked, and Losing Interest in Luxury Goods
LONDON – Since the pandemic ended, ultra high-net-worth customers has been the driving force behind luxury sales as the less-affluent, aspirational shoppers have put the brakes on spending. But…
Intent to Spend on Luxury Softens
America’s luxury consumers are down on the economy — and that’s no surprise to Saks Global. On Tuesday, the retailer detailed the results of the latest Saks Global Luxury Pulse…
Luxury Shoppers Are Investing in Handbags and Luxury Goods Over Stocks
In a new report, Whatnot, the live shopping marketplace, looks at how shoppers are spending on luxury goods. A Censuswide survey commissioned by Whatnot polled 2,000 luxury goods shoppers in…
Must Read: Rebag Partners With Luxury Stores at Amazon, Shakira Launches Hair-Care Brand Isima
Photo: Edward Berthelot/Getty Images These are the stories making headlines in fashion on Tuesday. Rebag partners with Luxury Stores at Amazon Luxury resale platform Rebag is launching on Amazon to…
Seeing Beyond: Prada CMO Lorenzo Bertelli on Ocean — and Luxury — Education
Vogue: You are making this first deposit of €2 million in the fund. Have you already approached other entities you work with to tell them about this initiative and maybe…
How CMO Carina Ertl Is Revitalizing Luxury Watch Retailers Tourneau | Bucherer
Carina Ertl Photo: Courtesy of Tourneau | Bucherer Watch the full conversation between Carina Ertl and Fashionista’s Editor in Chief Dhani Mau on The Fashionista Network. Though German-born Carina Ertl…
Is Being Offline the Latest Luxury? Here Are the Best Digital Detox Resorts in the World
Six Senses resorts are known for their focus on rejuvenation, as well as their incredible, usually remote locations and minimalist design marked by light woods, clean lines, and harmony with…
Farfetch Pushes Into South Korea, a Major Luxury Goods Market
LONDON — Farfetch is pushing into South Korea, one of the world’s hottest luxury markets, through an integration with the R.Lux app, Coupang’s luxury vertical in the country. Farfetch is…
Circular Materials Hub for Sustainable Luxury
PARIS — Chanel is opening new doors to sustainability with the launch of Nevold, a business-to-business hub dedicated to circular material development. Chanel teased the entity last November with the…