
Direct-to-consumer (DTC) online purchases rose 17% year-on-year in 2021, powered by a massive 114% global increase in luxury sales, according to new survey data from global DTC e-commerce specialist ESW.
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Direct-to-consumer (DTC) online purchases rose 17% year-on-year in 2021, powered by a massive 114% global increase in luxury sales, according to new survey data from global DTC e-commerce specialist ESW.
A study reveals that even more than the older generations, buyers from these generations have taken a major turn towards purchasing luxury items in the past year.
The RealReal released its 2022 Luxury Consignment Report on Thursday, highlighting the growing popularity of the luxury resale market.
The UK’s cost of living squeeze is making Millennials and younger demographics more sensitive to pricing and promotions, research from antuit.ai claims.
Concerned about the well-being of the planet, Gen Z consumers appear to be influencing the eco-friendly purchasing decisions of their elders.
After Nike and Adidas, luxury fashion houses are entering the metaverse.
We've seen more evidence of how younger consumers have changed their shopping habits since the onset of the pandemic with a report saying that many continue the online behaviour they developed during lockdown.
LVMH's quarterly results have revealed a very promising dynamic at Tiffany, just as the American jeweler announces two major appointments, and a collaboration with Supreme looks to be on the cards.
The founder of Gymshark is reportedly preparing for a stock market float in London as the lifestyle-to-performance sportswear firm continues to grow fast.
Rémy Baume, who has been at the French label's helm for 18 months, said on October 6 that in four years he plans to reach 60 stores in China, and grow the label's online business from €60 million to €160 million.