Saks Faces High-stakes Reset Amid Luxury Retail Challenges
The year since Saks and Neiman Marcus Group cut their landmark $2.7 billion deal has been dominated not by talk of a new luxury retail giant or a modern merchant…
How Paris Agency 1889 Helps Luxury Brands Woo Ultra-Wealthy VICs
PARIS — The luxury sector is grappling with its first slowdown in 15 years, but one segment is thriving: the VIC. An acronym for “very important customer,” the term designates…
Fendi Casa Returns to Luxury Living Group, Ends Flos B&B Italia Deal
MILAN – Milan-based Luxury Living Group said Fendi, which originally terminated its agreement with Luxury Living Group in 2021, has returned and signed an agreement for the production of its…
A Luxury Retreat and Creative Hub in Ibiza
Located in the area of San José, just 15 minutes from Ibiza’s city center and Cala Jondal, Can (home in ibicenco) Nikita is a traditional 19th-century finca that offers a…
Slow Fashion Bags Gain Momentum as ‘Luxury Fatigue’ Continues
As some shoppers grow weary of heritage designs and macroeconomic instability continues to push consumers away from the luxury market, slow fashion brands are attracting those seeking freshness when it…
Luxury Retreat Villa Pétrusse Aims to Redefine Tourism in Luxembourg
If the mention of Luxembourg conjures visions of banks, European institutions and a vague whiff of royalty, most people struggle to place the tiny country on a map. The nation…
Luxury Resort Architect Crafts ‘Y Le Yacht’ Concept with New York in Mind
The architect and explorer Jean-Pierre Heim is crafting plans for an electric yacht that would be used for tourist purposes. A member of the Explorer’s Club in New York, he…
U.S., Global Markets Drive Luxury Design’s Online Sales
MILAN — U.S. consumers of luxury design furnishings and decor remain a driving force behind e-commerce sales for the global industry, with the rest of the world expected to increasingly…