Saks Global is closing 15 more stores, primarily Saks Fifth Avenue while Neiman Marcus largely remains, as part of major restructuring under former NM CEO van Raemdonck.
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Croissant Puts Resale Value Up Front In The Luxury Buying Equation
Croissant is transforming luxury retail by integrating resale value into new purchases, offering transparency and guaranteed buyback in an intentional commerce ecosystem.
‘Covet By Christos’ Shows Livestream Shopping Can Work In Luxury
The luxury market is slowing, with online sales flat and customer numbers down. Livestream e-commerce, exemplified by Covet by Christos, shows a way to bridge the gap.
Saks Global Nears Bankruptcy After CEO And Senior Leaders Abandon Ship
Saks is struggling with declining sales, lost customer trust, vendors holding shipments, executive exodus and liquidity issues. raising doubts about continued viability.
LuxExperience Leadership Transition Sets YNAP On Path To Growth Alongside Mytheresa
LuxExperience appointed Francis Belin as Mytheresa CEO, enabling Michael Kliger to spearhead the integration of acquired YNAP brands (Net-A-Porter, Mr Porter, YOOX).
