Luxury Easter eggs are a popular item in some European markets. Can this trend make its way stateside?
Designers are marking up the price of their signature bags to preserve exclusivity as the industry grows.
With the rise of online luxury resellers such as Vestiaire Collective and TheRealReal, an opportunity has opened up for consumers to cash in on goods they no longer want.
Kering’s acquisition of a 30% stake in Valentino for $1.9 billion failed to boost its shares, as the move is seen…
Shares of Kering, the luxury group that owns Gucci, rose over 6% as investors reacted positively to a major management reshuffle…
An associate at a Gucci store in Los Angeles was recently fired for unboxing everything the luxury store gave her on her first day of work on TikTok and joking about keeping the loot and not returning to work.
“I think the strategy for Millennials is actually not to have any strategy for Millennials, because they can smell it,” said Laurent Claquin, president of Kering Americas, the major European designer brand group, at a recent event. Which traditional approaches should luxury retailers keep the same and what adjustments should they make to attract Millennials?
Luxury fashion houses, once fearful that the internet’s mass access would damage their exclusivity, are now racing to embrace digital, whether by partnering with multi-brand websites, developing their own platforms or both. Why is online selling of luxury goods finally taking off?
At least at luxury stores, the ruder the sales staff, the better for sales, according to new research from the University of British Columbia’s Sauder School of Business. Do you think the approach and attitudes of associates at luxury stores should differ from those at mainstream stores? Do you see being snooty as beneficial when it comes to selling luxury?
Can a luxury brands be too luxurious? Gucci believes so. The Italian brand blamed its rare sales decline in the first quarter on too ritzy advertising and plans to market lower-priced goods going forward. Gucci faced tough conditions in the U.S. and Europe and the impact of currency exchange. The brand also suffered from a slowdown in tourist traffic in Europe and soft business in Hawaii. What do you think of Gucci’s move to market more accessible, or lower-priced brands, in its advertisements?
Many luxury retailers would prefer to avoid the headaches that come with selling coats and other apparel made of real fur. That general sense of reluctance did not stop designers from houses including Gucci, Roberto Cavalli, Armani, Junya Watanabe and John Galliano from having models hit the catwalks at recent European shows wearing a variety of fashions that included mink, fox and sable. Is the time right for fur to make a comeback in U.S. luxury stores?
Designer logos are no longer hip, says a New York Times article. Once a symbol of prestige, designer logos are becoming increasingly hard to find on apparel and other accessories. Does the seeming rejection of designer logos speak to any broader consumer trends and/or retail marketplace issues?
© 2025 RetailWire · Privacy Policy · Terms & Conditions · Community Guidelines · Sitemap · Do Not Sell My Data
RetailWire.com is not affiliated with any of the brands, retailers, or companies discussed on this site.