Luxury retail news and archive

H.Lorenzo opens new flagship store in Los Angeles

Avant-garde fashion retailer H.Lorenzo has opened a new flagship store in West Hollywood, Los Angeles. Located at 8801 Beverly Blvd, the new flagship store aims to reimagine the future of luxury retail by creating an immersive environment that merges fashion, art, architecture, and the Hadar family’s passion for Japan. The result is a 9,00...

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Prada partners with Mytheresa in digital distribution pivot

Prada has joined forces with luxury e-commerce platform Mytheresa in a move that reflects a new approach to global digital distribution—one that prioritises selectivity, brand integrity, and customer experience over traditional wholesale reach. The partnership will make Prada’s women’s, men’s, and lifestyle collections available to Mytheresa’s...

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Fashion |Exclusive

Is Grace De Monaco the new business model for luxury brands?

Grace De Monaco launched this summer with a pop-up event in Monaco’s Hotel De Paris hosted by Prince Albert and an inner circle of supporters and friends. The luxury brand, a wholly owned subsidiary of the Princess Grace Foundation US, gives 100% of the profits to support emerging artists in film, dance and theatre. The inaugural product, a...

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Threads Styling announce launch of B2B service

Chat-based commerce platform Threads Styling has unveiled plans to expand into the B2B market, with a new service for personal shoppers and stylists. Threads Connect will hand over part of the power to independent businesses, giving them access to the platform’s technology, global sourcing network and curated style content. The aim of the...

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Webster Pacific study: luxury retail markets predicted to be most negatively impacted by COVID-19

A recent study by boutique consulting firm Webster Pacific has revealed that luxury retail markets will be the most negatively impacted by coronavirus. COVID-19 has dramatically impacted tourism and, in particular, international tourism. Certain luxury retail markets are more dependent upon tourism than others. Webster Pacific's study predicts...

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Retail

Changing consumer values leads to rise of conscious luxury

The tectonic plates of the luxury fashion market are in continual shift leaving brands scrambling to react in order to remain relevant. The idea of conscious luxury is one that didn’t exist fifteen or twenty years ago. The assumption was that a luxury item was conscious by its very nature: the quantity was controlled to maintain its allure of...

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Retail|INTERVIEW

Kirna Zabête at 20, a rare luxury boutique success story

Luxury multi-brand boutique, Kirna Zabête just celebrated its 20th anniversary, and invited guests to their Broome Street flagship to sip champagne and Aperol Spritz while shopping the latest Fall/Winter collections and listening to a playlist by Harley Viera Newton. Elsewhere in luxury retail, the mood is not so celebratory. After August’s...