Sluggish first quarter for US luxury retail sales
For the first quarter of 2023, the majority of luxury brands and groups saw a decline in sales in America (Kering, Burberry, Prada, Richemont etc). Hermès is one…
Tag: USA
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…
US Luxury Retailer Nordstrom launching massive recruiting campaign
While retailers of all types have put out help wanted signs in response to the nation’s labor shortage, Nordstrom needs to be adequately staffed to…
Ermenegildo Zegna headed to Wall Street
The Italian luxury brand will be listed in New York by the end of the year. With an approximate 62% stake, the Zegna family will…