headlines
Trouble in China's shopping paradise as Hainan duty-free spending falls 29%
Duty-free spending in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, slumped 29.3% last year as a weak economy saw a sharp drop in domestic visitors.
Luxury
Retail
Nordstrom family to take chain private in $6.25 billion deal
Nordstrom Inc. is going private through an all-cash transaction valued at about $6.25 billion in a bet by the founding family that the department-store company will be more successful outside of the public stock market.
Fashion
Retail
The sound of desire: How music shapes our interactions with luxury brands
The music selection at a luxury brand store is no mere whim of the sales associates that day; it is often carefully chosen by a team of experts.
Luxury
Retail
John Lobb CEO Philippe Gonzalez talks US market amid Madison Avenue store's anniversary celebrations
FashionNetwork.com spoke with John Lobb CEO Philippe Gonzalez on how the new space transformed this exclusive yet inclusive men's shoe brand.
Fashion
Retail
Stealthy cashmere marque Leret Leret talks new-generation business and latest Miami pop-up
In an era defined by quiet luxury, graphic-led cashmere marque Leret Leret – which opens its latest 2024 pop-up today in Miami - likes to stealthily stand apart.
Luxury
Retail
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Features
Retail
Tough market means another year of losses for Watchfinder
The latest results for Richemont’s Watchfinder business underline the challenges luxury watches have been facing. Its accounts for the year to March 2024, filed at Companies House, show it making another loss.
Luxury
Retail
Trouble in China's shopping paradise as Hainan duty-free spending falls 29%
Duty-free spending in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, slumped 29.3% last year as a weak economy saw a sharp drop in domestic visitors.
Luxury
Retail
Hong Kong November retail sales fall 7.3% in value
Hong Kong's November retail sales fell 7.3% by value from a year earlier, reflecting a change in consumption patterns and the relatively strong Hong Kong dollar, government data showed on Thursday.
Fashion
Retail
Rolex kicks off 2025 by hiking watch prices after gold soars
Rolex SA, the biggest luxury Swiss watch brand, raised prices on some of its most popular models after gold values surged in 2024.
Luxury
Retail
