Luxury

Airbnb Wants to Woo Hotel Customers With Luxury Offerings
Airbnb Wants to Woo Hotel Customers With Luxury Offerings
July 31, 2024  |  Travel Payments

Airbnb is reportedly planning luxury offerings like personal chefs to entice travelers away from hotels. The company wants to move beyond accommodations and experiences to “services...

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Shop Talk: High-End Consumers Swap Fancy Threads for Fancy Sweets
Shop Talk: High-End Consumers Swap Fancy Threads for Fancy Sweets
July 24, 2024  |  Retail

As consumers cut back on many premium products in the face of ongoing economic challenges, luxury chocolate brand MarieBelle New York is benefitting from shoppers’...

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Luxury Brands Slash Prices to Entice Middle-Income Buyers
Luxury Brands Slash Prices to Entice Middle-Income Buyers
July 21, 2024  |  Retail

Luxury brands have begun lowering their prices to win back middle-income shoppers. As The Wall Street Journal (WSJ) reported Sunday (July 21), this move —...

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They Said That: Notable Quotables From the Week of July 14
They Said That: Notable Quotables From the Week of July 14
July 19, 2024  |  Connected Economy

This week featured insights from JOOR CEO Kristin Savilia on the necessity of experiential retail for luxury brands, discussions with One Inc CEO Ian Drysdale...

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Personalized Luxury: The Key to Winning Wealthy Shoppers
Personalized Luxury: The Key to Winning Wealthy Shoppers
July 19, 2024  |  Retail

In an era where luxury is becoming increasingly defined by personalization, wealthy consumers are demanding that brands innovate, tailoring their offerings to match their individual...

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Joor CEO: Luxury Shoppers Won’t Buy a $20,000 Coat Online
Joor CEO: Luxury Shoppers Won’t Buy a $20,000 Coat Online
July 16, 2024  |  Retail

As the luxury retail sector looks to strike a balance between digital accessibility and the more immersive, high-touch in-store experience, these upscale brands must create...

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Fashion Brands Drop Virtual Goods to Drive Omnichannel Engagement
Fashion Brands Drop Virtual Goods to Drive Omnichannel Engagement
July 15, 2024  |  Retail

From the metaverse to video game worlds, fashion companies are releasing digital clothing and accessories to create new sales opportunities and get consumers to engage...

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Report: Barneys New York Aims to Expand Product Offerings, Distribution
Report: Barneys New York Aims to Expand Product Offerings, Distribution
July 12, 2024  |  Retail

Barneys New York reportedly plans to expand both its product offerings and its distribution if the planned acquisition of Neiman Marcus Group by the owner...

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Signet Jewelers Cultivates Customer Loyalty Through Service
Signet Jewelers Cultivates Customer Loyalty Through Service
July 12, 2024  |  Retail

Signet Jewelers, the world’s largest diamond retailer, faces a distinct challenge in creating customer loyalty. Unlike frequently purchased consumer goods, jewelry purchases tend to be...

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