According to a new report from McKinsey, exploring the rapidly growing resale market not only opens a new revenue stream for luxury labels but could also have a positive effect on brand loyalty and desirability.
U.S. shoppers headed to stores over the Thanksgiving weekend fell 3.5%, the NRF said on Tuesday, as fewer holiday promotions and tight supplies took the shine off some of the biggest shopping days of the year.
The lifestyle company has announced the release of Our Planet Matters, a sustainable footwear collection for men, women and children, as well as a new commitment with environmental non-profit The Nature Conservancy.
The New York eyewear brand has moved its head office to 94 Orchard Street, in Manhattan's Lower East Side, also home to a flagship store and optician's lab, and is planning another two openings in December.
In this Luxurynsight X FashionNetwork French-language podcast, the managing director of champagne producer Krug talks about her executive career, from her early days in Venezuela to working in the luxury industry.
The American owner of brands including Vans, The North Face and Supreme has appointed Nina Flood to the role of president of its global packs business, which brings together the Eastpak, JanSport and Kipling labels.
How’s this for a positive trading statement opening: “Confidence, footfall, trading recovering; rebound in occupier demand driving vacancy down towards pre-pandemic levels; valuation recovery in second half”.