Saks Fifth Avenue has launched a luxury storefront on Amazon. Saks lends Amazon credibility in the luxury market, but Saks’ association with Amazon could hurt its image.
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Retail Supply Chains To Be Tested By Tariffs
Only 22% of retail CFOs report having a healthy inventory level. With imports to drop sharply through year end, the stage is set for another supply chain crisis.
LVMH Struggles As Luxury Consumers Pullback
LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its largest fashion and leather goods segment.
Lululemon Is Losing Its Edge As Competitors Gain
Lululemon sales flagged in the Americas during 2024 and mounting headwinds, most especially in the U.S., challenge growth this year and next.
U.S. Jewelry Market Faces Headwinds As Luxury Consumer Demand Retreats
The U.S. jewelry market grew 5% in 2024 to $85.4 billion, but affluent consumers are pulling back on planned jewelry purchases this year.
