Archive | August, 2023

C&B_220317_00001

How Crate & Barrel Is Prepared For The Drop In Home Furnishing Demand

Everyone in the home market knew this day was coming. After furniture and home furnishings retailers enjoyed a nearly 20% two-year growth spurt from $120.3 billion in 2019 to $140.6 billion in 2021, things were destined to change. Retailers held onto their gains in 2022, even boosted them to $141.3 billion, but now the tide […]

Comments Off on How Crate & Barrel Is Prepared For The Drop In Home Furnishing Demand Continue Reading →
earl-wilcox-NcYyGjl9Ygk-unsplash

Aspirational Consumers Pull Back, Driving Down Luxury Leaders’ U.S. Sales

The leading global luxury brands showed topline gains for the first half of the year, despite a drop in sales in the U.S., where aspirational consumers are stretched thin and have cut back on indulgent purchases.In most recent reporting, all but Kering showed outstanding topline gains – LVMH was up 15% to $46.5 billion and […]

Comments Off on Aspirational Consumers Pull Back, Driving Down Luxury Leaders’ U.S. Sales Continue Reading →