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.
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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.
Jaguar’s Rebrand Misfires
In its rebranding, Jaguar tries to speak a progressive language of luxury but it got lost in translation.
Saks Gives Holiday Shoppers Coal By Canceling Its Lightshow
Saks has canceled its holiday light show in a decision that it will regret. It will also miss making the most of Fifth Avenue Association’s 200th anniversary.
5 Reasons Why Luxury Market Headwinds From 2024 Won’t Subside In 2025
Bain reports the luxury goods market retreated 2% in 2024. While recovery is expected next year, evidence in this year’s data suggests headwinds will continue in 2025.
