Companies are trying to maintain fat profits as the economy changes, making “premiumization” their new favorite buzzword.
Category: Luxury Goods and Services
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How a Growing Resale Market Is Changing the Image of the Hermès Bag
As a growing resale market has made the brand’s handbags available to more people, some say the image that they convey depends on their condition.
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Why 1997 Was Fashion’s ‘It’ Year
From the arrival of John Galliano at Dior to the murder of Gianni Versace, a new museum show in Paris looks at how 1997 changed fashion — forever.
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Where’s the Snow? Snowboarding Brands Are Trying to Find Out for Themselves.
Brands are changing their strategies and entering policy debates, as climate change continues to upend the snowfall calendar.
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Where’s the Snow? Snowboarding Brands Are Trying to Find Out for Themselves.
Brands are changing their strategies and entering policy debates, as climate change continues to upend the snowfall calendar.
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Fur Sales Are Illegal in California. Does Anyone Care?
The popularity of fur products had been diminishing in the state even before the new ban.
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Laine London Lets You Rent (and Tailor) Your Wedding Dress
Laine London, a Black-owned rental company, offers affordable, size-inclusive options for brides who want a perfectly tailored fit.
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Pharrell Williams Is Louis Vuitton’s Next Men’s Designer
The rapper and music producer will succeed Virgil Abloh and “lead Louis Vuitton toward a new and very exciting chapter,” the brand said in a statement.
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Caviar as a Cheaper Snack, Served on Doritos and Cheese Steaks
The luxurious delicacy is no longer confined to fancy occasions. It’s being served at Super Bowl gatherings, game nights and tailgate parties.
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Miami’s Jewelry District Is Getting a New Gem
After a multimillion-dollar renovation, developers are betting the 225,000-square-foot Time Century Jewelry Center will help turn the area into a luxury destination.
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Rolex Now Has a Resale Program. The Watch World Quakes.
The privately owned Swiss brand dominates the market by virtually every measure. Will it swallow up resales, too?