Boreout in luxury retail: The silent drain on employee and brand success
Boreout ≠ Burnout Boreout, a state of chronic boredom and lack of purpose at work, poses a significant and often overlooked challenge within the luxury…
Category: Luxury Retail
Golden Goose reports Q1 2025 sales increase of 11 %
Golden Goose Group SpA continued to grow in the first quarter of the year, posting an 11 percent increase in revenues totalling 164.5 million euros, compared with…
LONGCHAMP Soho store in NY reopens newly renovated
Built in 1950, its classic brick exterior blends into the streetscape with quiet ease. That is, until your eyes land on the towering, 42-foot-high wall…
Luxury (Retail) Recruiting takes quality & time
Discover Elite Talent, Uncover Exceptional Opportunities Listen to our 5 minutes presentation: Beyond the Resume Joblux.com: Your Global Partner in Luxury (Retail) Recruitment In the…
Luxury consumer confidence drops
According to the latest SAKS Global Luxury Pulse survey, 45 percent of luxury consumers reported “feeling calm about the economy” which, while down 12 percentage points on…
Let me walk you through new Tiffany & Co’s largest store in Europe in Milan …
Tiffany & Co. announces the opening of the House’s highly anticipated new store on Via Montenapoleone in Milan. Inspired by the jeweler’s iconic Fifth Avenue flagship,…
De Beers launch Diamondproof verification device in boutiques
In a move aimed at bolstering consumer confidence and transparency, De Beers Group has launched its groundbreaking DiamondProof device in select retail stores across the…
BVLGARI opens new store in Riyadh
BVLGARI, the magnificent Roman jeweler and master of colored gems, celebrates the opening of a new boutique at Solitaire in Riyadh on the February 12,…
FERRAGAMO CEO is stepping down
Ferragamo announces CEO Marco Gobbetti is to step down from the helm of the company and the board by “mutual agreement”. The company said the board met on…
Audemars Piguet to open first-ever AP Café in Singapore
Audemars Piguet will be launching the world’s first-ever AP Café right here in Singapore, located at the new AP House at the iconic Raffles Hotel Singapore. The…
Saks acquires Neiman Marcus for a total of $2.7 billion
Late Monday afternoon, Saks Global disclosed that it has finalized its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion, as has been expected. The…
GUCCI appoints new CEO
GUCCI has appointed Stefano Cantino as new CEO, succeeding Jean-François Palus. Cantino climbed the ranks at Prada over the course of two decades, working closely with executive chairman…
French department store opens second-hand watch and jewelry Space, including Rolex
The novelty at Galeries Lafayette is pre-owned watches and jewels, with the opening of a dedicated shop-in-shop in the department store’s Haussmann flagship. The 320-square-foot space, which…
Zegna Group sales increase 6 % first half 2024
Italian luxury fashion group Ermenegildo Zegna NV was able to achieve an increase in sales in the first half of the 2024 financial year. However,…