Yahoo! Finance asked me about what the second half of the year holds for retailers…and it doesn’t look good. Get the story with James H. Gellert, Rapid Ratings.Click Here
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 […]
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 […]
RH Next Steps: Prospects For RH England, Aynho Park, Memberships, Contemporary and More
RH got off to a rough start in 2023, but two new surveys among U.K. designers and HNW affluent consumers in U.S. and U.K. show green shoots for the company.
Hugo Boss ‘Claim 5’ Strategic Plan Yields Results, But Is Still A Work In Progress
Hugo Boss believes it can reach $5.6 billion in revenues by 2025. But after Hugo Boss presented its upwardly revised Claim 5 strategic plan, some investors held their neutral rating, signaling its ambitious goals may be out of reach.
