Luxury Retail

【New York, US】Luxury Department Stores Saks Fifth Avenue and Neiman Marcus to Merge

by

Editor’s NoteThe parent company of Saks Fifth Avenue has finalized a $2.65 billion deal to acquire Neiman Marcus, with Amazon taking a minority…

【Switzerland】Richemont Announces New CEO for Cartier, Appoints Louis Ferla, Current President of Vacheron Constantin

by

Editor’s NoteThis article reports on the appointment of Louis Ferla as the new CEO of Cartier, effective September 1. He succeeds Cyrille Vigneron,…

【Paris, Franc】LVMH and Cartier Seek to Boost Sales Outside France During 2024 Olympics

by

Editor’s NoteThis article examines the unexpected commercial challenges the Paris 2024 Olympics pose for local luxury retailers, prompting major…

【Milan, Italy】Richemont Announces Acquisition of Italian Jeweler Vhernier

by

Editor’s NoteThis article details the Swiss luxury group Richemont’s strategic expansion of its jewelry division with the acquisition of Italian…

【Tokyo, Japan】Tomoko Furusawa Jewelry Holds Pop-Up Shop. A Full Lineup of Colored Stone Jewelry to Celebrate the Arrival of Spring

by

Editor’s NoteThis article highlights a limited-time pop-up shop in Tokyo, showcasing a vibrant jewelry collection designed to capture the essence of…

【South Korea】Recovered Jewelry Market, Including Golden Dew, Targets Gen Z for Growth

by

Editor’s NoteAs the jewelry market evolves, major brands are strategically expanding their appeal to younger demographics. This article examines how…

【法国】Luxury Market Could Reach €2.5 Trillion by 2030

by

Editor’s NoteThe luxury sector’s robust performance in 2023, reaching an estimated €1.5 trillion globally, underscores a market increasingly defined…

【New York, US】[NRF 2024] In Manhattan, LVMH Presents an Exceptional Setting for Tiffany

by

Editor’s NoteThis article explores how digital screens are transforming retail spaces, using dynamic, nature-inspired visuals to create immersive and…