Business ❯Retail

Luxury Retail

Department Stores Brand Management Acquisitions Saks Fifth Avenue E-commerce Designer Brands Consumer Behavior Neiman Marcus Store Closures Consumer Spending

Saks Global Secures $600M Financing and Shifts Focus to Stem Plunging Sales

Leadership is focusing on inventory optimization with digital expansion to counter steep luxury sales headwinds.

Luxury Jewelry Tops U.S. Market with 10.1% May Gain as Other Segments Slide

Saks Global Secures $600 Million Bondholder Financing, Reshuffles Creditor Claims

Prestbury Boutique Burgled Again, £260,000 of Luxury Handbags Taken

Saks Global Secures $350 Million Financing, Boosting Liquidity to $700 Million

Canada Goose Stock Soars 30% After Q4 Earnings Beat Expectations

Richemont Reports Strong Jewelry Sales Growth Despite Watch Division Challenges

Dior Faces Legal Scrutiny Over Reporting Lapses in Data Breach Impacting South Korea and China

Saks Fifth Avenue Launches Curated Storefront on Amazon Luxury Stores

Saks Fifth Avenue to Close San Francisco Union Square Store in May

Hermès to Raise U.S. Prices to Offset New Import Tariffs

Darshan Mehta, Visionary Behind India’s Luxury Retail Boom, Dies at 63

Neiman Marcus Dallas Flagship Secures Temporary Reprieve Through 2025 Holidays

Printemps Opens First U.S. Store in New York's Financial District

Erewhon’s $19 Strawberry Becomes Viral Sensation and Internet Flashpoint

Saks Global to Close Neiman Marcus’ Historic Dallas Flagship Store

Mytheresa Reports 13% Sales Growth and Prepares for YNAP Acquisition

Trial Begins for Four Men Accused of High-Value Smash-and-Grab Robberies in Germany

LVMH Reports Modest Growth as Luxury Sector Faces Ongoing Challenges

66-Year-Old Charged After Armed Robbery Attempt at Vancouver's Holt Renfrew