#luxury-retail

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A year in wealth: The biggest billionaire winners and losers of 2024

2024 saw billionaires, especially in tech, significantly increase their net worth, while others in luxury retail faced substantial losses.
#customer-experience

Making Omnichannel Work for Luxury Retail

Luxury retail requires high-touch customer experiences, complicating the achievement of omnichannel excellence across various distribution channels.

Council Post: What Luxury Retail Brands Should Know About In-Store Technology

The luxury retail market remains resilient, focusing on human connections in-store rather than online transactions.

Paris's department stores transformed urban life. What can they teach today's struggling shops?

Department store La Samaritaine in Paris, despite its luxurious renovation and unique offerings, struggles to attract customers amidst a declining trend in footfall for department stores globally.

Central Chidlom Unveils "The Store of Bangkok" Transformation with Bold Luxury Vision | stupidDOPE

Central Chidlom's redesign blends modern luxury with Thai heritage, showcasing a commitment to customer experience and cultural significance.

Apple's Vision Pro isn't just a headset; it heralds a new era of spatial commerce

Mixed reality is revolutionizing the customer shopping experience with brands like J. Crew and Mytheresa embracing spatial commerce.
The Apple Vision Pro is a key player in mainstreaming mixed-reality headsets and creating new revenue streams for businesses.

Making Omnichannel Work for Luxury Retail

Luxury retail requires high-touch customer experiences, complicating the achievement of omnichannel excellence across various distribution channels.

Council Post: What Luxury Retail Brands Should Know About In-Store Technology

The luxury retail market remains resilient, focusing on human connections in-store rather than online transactions.

Paris's department stores transformed urban life. What can they teach today's struggling shops?

Department store La Samaritaine in Paris, despite its luxurious renovation and unique offerings, struggles to attract customers amidst a declining trend in footfall for department stores globally.

Central Chidlom Unveils "The Store of Bangkok" Transformation with Bold Luxury Vision | stupidDOPE

Central Chidlom's redesign blends modern luxury with Thai heritage, showcasing a commitment to customer experience and cultural significance.

Apple's Vision Pro isn't just a headset; it heralds a new era of spatial commerce

Mixed reality is revolutionizing the customer shopping experience with brands like J. Crew and Mytheresa embracing spatial commerce.
The Apple Vision Pro is a key player in mainstreaming mixed-reality headsets and creating new revenue streams for businesses.
morecustomer-experience

The Art Of Storytelling Marketing: Per Neiman Marcus's Fantasy Guide

Neiman Marcus excels in storytelling marketing, enhancing customer engagement through curated gift experiences that boost average order value.
#real-estate

This London street is officially one of the world's most expensive shopping destinations

London's New Bond Street is now the third most expensive shopping area globally with significant rent increases post-pandemic.

Two new tenants at famed NYC Midtown towers bolster luxury retail market

Two significant new retail leases in Midtown are expected to boost the luxury retail market in Manhattan.

This street in Milan has the world's most upscale shopping

Via MonteNapoleone in Milan is now the world's most expensive retail location, surpassing New York's Fifth Avenue.
High-end luxury sales remain strong in Milan, especially during the holiday season.

New York City's Fifth Avenue has been dethroned as the world's most expensive shopping street - here's the new Top 10

Milan's Via Monte Napoleone is now the world's most expensive retail street, overtaking New York City's Fifth Avenue.

This London street is officially one of the world's most expensive shopping destinations

London's New Bond Street is now the third most expensive shopping area globally with significant rent increases post-pandemic.

Two new tenants at famed NYC Midtown towers bolster luxury retail market

Two significant new retail leases in Midtown are expected to boost the luxury retail market in Manhattan.

This street in Milan has the world's most upscale shopping

Via MonteNapoleone in Milan is now the world's most expensive retail location, surpassing New York's Fifth Avenue.
High-end luxury sales remain strong in Milan, especially during the holiday season.

New York City's Fifth Avenue has been dethroned as the world's most expensive shopping street - here's the new Top 10

Milan's Via Monte Napoleone is now the world's most expensive retail street, overtaking New York City's Fifth Avenue.
morereal-estate
#leadership

Design E-commerce Lumens Widens Luxury Reach With Former Net-a-porter Chief Marketing Officer

Lumens hires Dana Gers to enhance luxury market presence and leverage her extensive retail experience for brand strategy and growth.

Burberry shares soar as new CEO Josh Schulman admits 'lack of focus on outerwear,' vowing to turn losses around

Burberry's new CEO aims to rejuvenate the brand and address significant challenges amid a luxury market downturn. The 'Burberry Forward' plan is a key strategy.

Tapestry's CEO focuses on strengthening consumer connections

Tapestry CEO Joanne Crevoiserat remains optimistic about the luxury market despite challenges and emphasizes adapting to consumer trends like sustainability.

Design E-commerce Lumens Widens Luxury Reach With Former Net-a-porter Chief Marketing Officer

Lumens hires Dana Gers to enhance luxury market presence and leverage her extensive retail experience for brand strategy and growth.

Burberry shares soar as new CEO Josh Schulman admits 'lack of focus on outerwear,' vowing to turn losses around

Burberry's new CEO aims to rejuvenate the brand and address significant challenges amid a luxury market downturn. The 'Burberry Forward' plan is a key strategy.

Tapestry's CEO focuses on strengthening consumer connections

Tapestry CEO Joanne Crevoiserat remains optimistic about the luxury market despite challenges and emphasizes adapting to consumer trends like sustainability.
moreleadership
#louis-vuitton

Louis Vuitton Lights Up Fifth Avenue with a Mesmerizing Holiday Display | stupidDOPE

Louis Vuitton's Fifth Avenue flagship store features a dazzling holiday light show, celebrating the brand's heritage and creativity during renovations.

Exclusive | NYC shoppers marvel at Louis Vuitton's ornate temp store during flagship's reno: 'It's phenomenal'

Louis Vuitton's temporary Fifth Avenue store impresses customers with its size, detail, and unique shopping experience during ongoing renovations.
The new space features the brand's first-ever cafe and aims to provide an experiential shopping journey, drawing both locals and tourists.

Louis Vuitton's 57th Street NYC Store Brings Culture, Chocolate, and Couture | stupidDOPE

Louis Vuitton's new flagship redefines luxury retail, integrating fashion, gourmet experiences, and art.

Inside Louis Vuitton's New Flagship N.Y.C. Store

Louis Vuitton's new store in New York integrates luxury fashion with fine dining, showcasing an innovative blend of shopping and culinary experiences.

Louis Vuitton Unveils 240-Foot Trunk Facade on 5th Avenue | stupidDOPE

Louis Vuitton's new flagship façade pays homage to its legacy while showcasing innovative design and craftsmanship in a playful, monumental installation.

LVMH Eyes Louis Vuitton Mega-Flagship in Beverly Hills

LVMH is considering building a Louis Vuitton flagship store on the site of a failed hotel project on Rodeo Drive.
Louis Vuitton is focusing on building bigger and more spectacular retail attractions, including a hybrid space in Paris that will include a store, cultural venue, and hotel.

Louis Vuitton Lights Up Fifth Avenue with a Mesmerizing Holiday Display | stupidDOPE

Louis Vuitton's Fifth Avenue flagship store features a dazzling holiday light show, celebrating the brand's heritage and creativity during renovations.

Exclusive | NYC shoppers marvel at Louis Vuitton's ornate temp store during flagship's reno: 'It's phenomenal'

Louis Vuitton's temporary Fifth Avenue store impresses customers with its size, detail, and unique shopping experience during ongoing renovations.
The new space features the brand's first-ever cafe and aims to provide an experiential shopping journey, drawing both locals and tourists.

Louis Vuitton's 57th Street NYC Store Brings Culture, Chocolate, and Couture | stupidDOPE

Louis Vuitton's new flagship redefines luxury retail, integrating fashion, gourmet experiences, and art.

Inside Louis Vuitton's New Flagship N.Y.C. Store

Louis Vuitton's new store in New York integrates luxury fashion with fine dining, showcasing an innovative blend of shopping and culinary experiences.

Louis Vuitton Unveils 240-Foot Trunk Facade on 5th Avenue | stupidDOPE

Louis Vuitton's new flagship façade pays homage to its legacy while showcasing innovative design and craftsmanship in a playful, monumental installation.

LVMH Eyes Louis Vuitton Mega-Flagship in Beverly Hills

LVMH is considering building a Louis Vuitton flagship store on the site of a failed hotel project on Rodeo Drive.
Louis Vuitton is focusing on building bigger and more spectacular retail attractions, including a hybrid space in Paris that will include a store, cultural venue, and hotel.
morelouis-vuitton
#new-york-city

Louis Vuitton's 57th Street Maison: A Luxurious New York Landmark | stupidDOPE

Louis Vuitton's 57th Street Maison in NYC redefines luxury shopping as a multi-sensory and cultural experience, merging art, fashion, and gastronomy.

NY's new 'luxury' legal cannabis dispensaries are as bad, in their own way, as the creepy illicit ones

Charlie Fox exemplifies the shift in cannabis culture, presenting marijuana as a luxury product appealing to affluent consumers.

Louis Vuitton's 57th Street Maison: A Luxurious New York Landmark | stupidDOPE

Louis Vuitton's 57th Street Maison in NYC redefines luxury shopping as a multi-sensory and cultural experience, merging art, fashion, and gastronomy.

NY's new 'luxury' legal cannabis dispensaries are as bad, in their own way, as the creepy illicit ones

Charlie Fox exemplifies the shift in cannabis culture, presenting marijuana as a luxury product appealing to affluent consumers.
morenew-york-city
#fragrance

Dior Opens Their First Dior Fragrance & Beauty Boutique In New York City

Dior opens its first beauty and fragrance boutique in NYC's Soho, enhancing its luxury offerings for beauty enthusiasts.

A-Very!-Rare Aesop Black Friday Sale: Shop Kendall Jenner's Favorite Hand Wash

Net-A-Porter is running a rare Cyber Weekend sale with hefty discounts on Aesop products, perfect for gift buyers and fragrance enthusiasts.

Dior Opens Their First Dior Fragrance & Beauty Boutique In New York City

Dior opens its first beauty and fragrance boutique in NYC's Soho, enhancing its luxury offerings for beauty enthusiasts.

A-Very!-Rare Aesop Black Friday Sale: Shop Kendall Jenner's Favorite Hand Wash

Net-A-Porter is running a rare Cyber Weekend sale with hefty discounts on Aesop products, perfect for gift buyers and fragrance enthusiasts.
morefragrance

Louis Vuitton FB

Uptown New York offers a magical shopping experience during the holidays, combining festive decorations, elegant stores, and a less crowded atmosphere.
#hermes

NorCal judge questions validity of Hermes antitrust lawsuit during case management conference

The antitrust lawsuit against Hermes is struggling in court as the judge questions its basis in a consumer choice-driven luxury market.

New Hermes storefront in Williamsburg sparks debate over 'fake' historic design * Brooklyn Paper

The new Hermès store in Brooklyn blends historical aesthetic with modern architecture, eliciting mixed reactions from the community.

NorCal judge questions validity of Hermes antitrust lawsuit during case management conference

The antitrust lawsuit against Hermes is struggling in court as the judge questions its basis in a consumer choice-driven luxury market.

New Hermes storefront in Williamsburg sparks debate over 'fake' historic design * Brooklyn Paper

The new Hermès store in Brooklyn blends historical aesthetic with modern architecture, eliciting mixed reactions from the community.
morehermes

Louis Vuitton Opens a Temporary Store in Manhattan's Billionares' Row'

Louis Vuitton's temporary store exemplifies luxury and cultural significance through innovative design and culinary ventures.

Exclusive | Saks Fifth Avenue cancels famed holiday lights show in apparent cost-cutting measure: 'Challenging year'

Saks Fifth Avenue cancels its beloved holiday light show due to cost-cutting, shifting focus to architectural illumination and fashion in the flagship store.
#mulberry

Mulberry rejects fresh bid from Mike Ashley's Frasers Group as untenable'

Mulberry has rejected Frasers Group's bid, focusing on improving its business performance instead.

Mulberry rejects 83m takeover bid from Mike Ashley's Frasers Group

Mulberry rejects Frasers Group's takeover bid, pursuing its own fundraising efforts to support a turnaround.

Mulberry rejects fresh bid from Mike Ashley's Frasers Group as untenable'

Mulberry has rejected Frasers Group's bid, focusing on improving its business performance instead.

Mulberry rejects 83m takeover bid from Mike Ashley's Frasers Group

Mulberry rejects Frasers Group's takeover bid, pursuing its own fundraising efforts to support a turnaround.
moremulberry

Forget the Trends-Our Fashion Editors Are Bookmarking These 15 Elegant Buys for Winter

Curate a winter wardrobe of minimal, classic, and wearable pieces that blend chic style with practicality.

How Harrods, London's Luxury Emporium, Is Dealing With a Sexual Abuse Scandal

Harrods, while a luxury icon, faces serious allegations of abuse that tarnish its legacy.

Hodinkee, the Watch Fan Site, Is Sold to a British Retailer

The Watches of Switzerland Group has acquired Hodinkee, highlighting the expanding U.S. market for luxury watches.

Prada and Kurt Geiger shamed for taking months to pay U.K. suppliers

Luxury brands Prada and Kurt Geiger face criticism for slow payment practices harming small businesses.
The average payment time exceeds two months, putting financial strain on suppliers.
Calls for change highlight a persistent culture of late payments among major companies.

Luxury retailers continue to flock to Bond Street and Oxford Street - London Business News | Londonlovesbusiness.com

Luxury brands are increasingly favoring Bond Street and Oxford Street as premier locations for physical retail despite the rise of online shopping.
The recent investments and prestige associated with these areas are solidifying their status as essential hubs for high-end retail in London.

Royal jeweller cuts prices by 20% to counter impact of tourist tax

Kiki McDonough has implemented a 20% discount for foreign tourists in response to a decline in tourism due to the removal of VAT-free shopping.
#consumer-behavior

LVMH, Kering, and Zegna lead a list of luxury giants that are growing their retail footprint

Luxury retail shows resilience, with sales surpassing $75 billion in 2023 and projected growth continuing into 2028.

The Future of Shopping podcast: Luxury's new era of experiential, connected retail

It's crucial for luxury brands to connect with customers through various touchpoints and maintain aligned brand storytelling.

LVMH, Kering, and Zegna lead a list of luxury giants that are growing their retail footprint

Luxury retail shows resilience, with sales surpassing $75 billion in 2023 and projected growth continuing into 2028.

The Future of Shopping podcast: Luxury's new era of experiential, connected retail

It's crucial for luxury brands to connect with customers through various touchpoints and maintain aligned brand storytelling.
moreconsumer-behavior

Nikos Koulis Adds Another Shop to His Greek Jewelry Empire

Nikos Koulis's flagship store emphasizes personalized client interactions, combining luxury shopping with custom experiences.
#architecture

partisans sculpts parametric limestone facade with sinuous arches at toronto rolex boutique

Partisans combines CNC technology and craftsmanship to create a limestone storefront for Rolex that embodies innovation and timeless design.

Oasis of Automotive Luxury: Mercedes-Benz Brand Center Dubai

The Mercedes-Benz Brand Center Dubai opens with a new approach to luxury retail in the city
The center's design incorporates modern architecture and sustainable landscaping, as well as bespoke technologies and unique programming

partisans sculpts parametric limestone facade with sinuous arches at toronto rolex boutique

Partisans combines CNC technology and craftsmanship to create a limestone storefront for Rolex that embodies innovation and timeless design.

Oasis of Automotive Luxury: Mercedes-Benz Brand Center Dubai

The Mercedes-Benz Brand Center Dubai opens with a new approach to luxury retail in the city
The center's design incorporates modern architecture and sustainable landscaping, as well as bespoke technologies and unique programming
morearchitecture
from New York Post
4 months ago

NYC's most fashionable shopping corridor is getting a mystery makeover

Uptown Madison Avenue is undergoing significant redevelopment with mixed-use projects, raising questions about the future of luxury retail in the area.

Sectors that offer Cryptocurrency as a payment method and its advantages

Retail and e-commerce sector has the highest number of companies accepting cryptocurrency as a payment method.
Food and Dining sector and Luxury Retail are the next sectors with a significant number of companies accepting crypto payments.

Luxury department store Saks buys Neiman Marcus, and Amazon gets a stake

Luxury retailer HBC purchases Neiman Marcus to create a dominant upscale department store in the US.

Aman's Latest Pop-Up Store In Thailand Is An Eco-Friendly, Modular Alternative To Heavy Construction - Yanko Design

Aman collaborated with Luxury Frontiers to create a mobile retail concept for the 35th anniversary, offering an eco-friendly, elegant, and easily movable pop-up shop experience.
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