Search results for “Luxury retail”

Luxury retailers risk losing out by not embracing the growing resale market

December 1, 2021

Luxury retailers risk losing out by not embracing the growing resale market, according to a report by McKinsey. The report found that exploring the rapidly growing industry opens a new…

Metaverse presents $50bn opportunity for luxury retailers

Blockchain & Crypto Ecommerce News

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November 17, 2021

George Iddenden

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The Metaverse could prove to become an incredibly lucrative channel for luxury retailers according to Morgan Stanley. The demand for digital fashion is predicted to grow exponentially after the news…

Luxury retail and the video games industry are set to become increasingly intertwined as high-end brands find new ways to “engage and excite millennials”.

Luxury retail and video games: The unlikely partnership set to explode this year

Industry Marketing News

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February 3, 2020

Ben Stevens

Luxury retail and the video games industry are set to become increasingly intertwined as high-end brands find new ways to “engage and excite millennials”. According to a new report from…

Online cross-border luxury sales have shot up by nearly 200 per cent as the “much-predicted shift to digital luxury” gets underway.

Luxury resale platforms actually help luxury retailers, here’s how

Industry News Sustainability

BCG Boston Consulting Group Luxury pre-owned resale second-hand Vestiaire Collective

October 16, 2019

Ben Stevens

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The second-hand luxury resale industry is set to represent nearly 10 per cent of the entire luxury market by 2021, as the pre-owned boom continues to cannibalise primary retailers. However,…

Online retail growth takes a tumble in May

Ecommerce News

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June 13, 2022

Isabel Cameron

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Online retail sales growth fell -8.7% year-on-year (YoY) in May 2022, despite being measured against a negative -6% performance in May 2021, as trading conditions continue to be very tough.…

Amazon Fashion to launch high-end Luxury Stores across Europe

News

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June 8, 2022

George Iddenden

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Amazon has announced plans to expand its high-end luxury Amazon Fashion concept across Europe. The online retailer launched the luxury fashion arm of its business in the US in September…

Independent retail businesses were the most popular places to spend gift cards last year

News Payment Point of Sale

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April 6, 2022

George Iddenden

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Independent retail businesses were the most popular places to spend gift cards last year, according to research from payments provider Miconex. “Looking at the data for the 2021 top 10…

Poor payment experiences cause 62% of luxury brand consumers to shop elsewhere

News Payment

ecommerce fashion Luxury fashion Payment experience Vyne

April 1, 2022

Isabel Cameron

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Poor payment experiences cause 62% of luxury brand consumers to shop elsewhere, according to a new report by Vyne. The research reveals that over 86% of respondents with a household…

Facebook and Instagram are hotspots for luxury counterfeiters

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February 9, 2022

George Iddenden

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Meta’s two largest platforms Facebook and Instagram are two of the biggest hotspots for counterfeit goods, according to Reuters. The two platforms’ range of private messaging tools give counterfeiters the…

Klarna report reveals sustainability top of luxury consumers’ priorities

Ecommerce News

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January 20, 2022

George Iddenden

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Klarna has found that sustainability and innovation have become key drivers behind luxurious purchases, showing luxury consumer attitudes are changing. The State of Smooth: Unpacking Luxury in 2022 report commissioned…

Search results for “Luxury retail”

Luxury retailers risk losing out by not embracing the growing resale market

Metaverse presents $50bn opportunity for luxury retailers

Luxury retail and video games: The unlikely partnership set to explode this year

Luxury resale platforms actually help luxury retailers, here’s how

Online retail growth takes a tumble in May

Amazon Fashion to launch high-end Luxury Stores across Europe

Independent retail businesses were the most popular places to spend gift cards last year

Poor payment experiences cause 62% of luxury brand consumers to shop elsewhere

Klarna report reveals sustainability top of luxury consumers’ priorities

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