Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.
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Nordstrom Family Back In Charge As It Goes Private With Help From Liverpool
Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.
What’s Next For Neiman Marcus After The Saks Merger?
With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions to its business and corporate culture.
A Retail Labor Crisis Is Headed For Luxury Brands in 2025
A global survey among 12,000 luxury retail employees finds widespread job dissatisfaction. So much so that over half are planning to leave their current employer.
RH Overcomes Home Market Downturn And Expects 2025 To Be Bigger, Better
Coming off third quarter with revenues up 8% and market share gains, RH will move aggressively in 2025 to shore up its leadership in the home furnishings market.
