Latest In: luxury retail

2027 Ad Hoc Group acquisition Coupang Farfetch going private investor pressure luxury retail online retail south korea
Farfetch has been acquired by Coupang.

Update: Farfetch Sale to Coupang Goes Through Despite Investor Objections

[Update 2/5/24] Despite the objections of a significant group of Farfetch investors, South Korean ecommerce company Coupang completed its…

News February 5
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CNBC's Courtney Reagan with Saks CEO Marc Metrick at the 2024 NRF Big Show.

CEOs of Saks, Barnes & Noble: Big Pivots Can Pay Off (as Long as They’re Customer-Focused)

Saks Fifth Avenue wasn’t always known by that name. As CEO Marc Metrick pointed out, in its early…

Features January 19
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Neiman Marcus has rejected the latest takeover offer from Saks.

UPDATED: Neiman Marcus, Saks Still Unable to Come to Terms on Takeover Deal

UPDATE 1/11/2024: Neiman Marcus CEO Geoffroy van Raemdonck has firmly squashed any hope of a merger, telling CNBC…

News January 11
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How to Give Luxury Shoppers the Digital Experience they Desire

Despite a recent rocky economy — seized by inflation and supply chain pains — the global luxury retail…

Executive Viewpoints September 27
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Luxury mattress brand Hastens plans to open 20 stores in the U.S.

Luxury Mattress Brand Hästens Plans to Open 20 Stores in U.S.

Swedish luxury bed and mattress company Hästens has teamed up with luxury distributor MadaLuxe Group to open 20…

News April 26
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The RealReal is enhancing its seller experience.

The RealReal Upgrades Seller Experience in Bid to Bring in More Big-Ticket Items

As part of its ongoing effort to build a more efficient organization and reach profitability by early 2024,…

News March 31
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The RealReal plans to stop selling beauty products and focus on its fashion consignment business.

The RealReal Moves Away from Beauty, Shifts Focus to Luxury Consignment

Editor’s Note: This story was updated on March 27, 2023 to include comments from The RealReal. As it…

News March 27
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An image of the Tiffany & Co. NFT, which was quickly sold out

With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Macroeconomic forces — from inflation to corporate layoffs and the unknown impacts of a recession — are creating…

Features February 7
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Luxury ecommerce site Olivela wants to turn fashion into a force for good.

How Olivela is Turning Luxury Fashion into a Force for Good

A designer handbag probably isn’t the first thing that comes to mind as a vehicle for making the…

Features January 20
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