Le Printemps à New York
Le Printemps a annoncé mercredi qu’il ouvrirait son premier magasin américain à New York, visant le marché américain dans le cadre d’une expansion mondiale plus…
Category: Business
GUCCI’s crypto payments booming in the USA
Gucci began accepting cryptocurrency in a few U.S. stores in May, and now it’s going all-in on the blockchain-based payments. As BitPay — the Italian luxury…
Luxury Industry Events Calendar – 2022/23
Frank Müller established The Bridge To Luxury in 2009. Since then he has supported a large number of companies from the world of luxury in…
Hugo Boss to launch a pre-owned items platform
Hugo Boss announced on Thursday that it will offer its customers the opportunity to buy second-hand items from a high-end resale platform scheduled to launch…
Those luxury goods cost more used than new
Buying second-hand an exceptional watch or designer piece of leather goods is now a trend. The craze is such that some of these objects of…
Russian-owned London based auction house to donate proceed of sales to Ukrainian red cross
Phillips has raised £5.8 million ($7.7 million) for the Ukrainian Red Cross Society after announcing this morning, March 3, that it will give the whole…
Moncler group sales rise +44 %
Moncler Group reports revenues that surpassed the 2-billion-euro mark, rising 44 percent compared with 1.4 billion euros in 2020, eight years after its initial public offering…
Farfetch acquires luxury resale startup Luxclusif
Farfetch, the luxury clothing retailer, has announced the acquisition of Luxclusif, a resale site, for an unknown sum, expanding its resale presence. Luxclusif’s technological platform…
Thailand based conglomerate eyeing on UK department stores Selfridges
London November 2021 Central Group, a Thai conglomerate that owns the Italian department store chain La Rinascente and the German department store chain KaDeWe, is…
Chloé : first B-Corp in the luxury industry
Since announcing its intention to become a B-Corp last year, the Paris-based handbag maker has accelerated its use of materials with a lower environmental impact,…
Luxury market too dependent on China
China, the second largest market in the luxury industry, worries industry players. The country’s economic dynamics have been less good since the upsurge in the…
China global luxury index reaches its peak record
Index Moves is the monthly analysis of the biggest climbs and drops on The Jing Daily KraneShares China Global Luxury Index, which tracks the global market…
Luxury sets out to conquer male customers
The big luxury players want to conquer the men’s market, the most promising segment of the sector, and take their share of explosive Asian demand.…
European luxury retail profits shrank
Covid-19 has profoundly impacted retail industries across Europe elevating ‘digital’ to new heights across the entire customer journey, according to a report by Alvarez & Marsal…
Longchamp to export luxury goods to the US by sail boat
The Longchamp company, specializing in leather goods, announced on Monday that it had entered into a partnership with the Nantes start-up Neopolia to export its…