蘑菇AV

Our take: David鈥檚 Bridal is looking to carve out a niche between mass retail and independent boutiques by targeting Gen Z brides who prioritize curated experiences and tech-enabled convenience. By blending high-touch service with AI-driven planning tools, the retailer is signaling it understands what today鈥檚 bride expects.

The company is leaning firmly into the first by introducing higher-priced products, such as the latest iteration of its Cloud sneaker, which retails for more than its predecessors. On will also begin raising US prices on select styles in July as it tries to further elevate its brand while mitigating the impact of tariffs.

Hugo Boss鈥檚 diversified sourcing and supply chain flexibility give it an edge over less-prepared luxury peers鈥攁nd a more stable footing in an increasingly volatile market.

Consumers are willing to spend on travel鈥攗nder the right circumstances: Cruises, premium travel, and concert tourism are all seeing healthy demand despite industry headwinds.

Refined luxury thrived during the holidays: Shoppers splurged on timeless pieces from Coach and Ralph Lauren but held back on bolder, flashier styles from Versace and Michael Kors.

Efforts by key retail partners such as Walmart to curb retail theft by locking up products also affected sales, Hieronimus said. Looking ahead: For all the difficulties it faces in the US, the company is better positioned than most beauty brands to navigate tariffs.

On today鈥檚 podcast episode, we discuss how department stores are getting on, how they鈥檙e evolving, and what the contemporary department store needs to do to stick around. Listen to the conversation with our Senior Analyst Sara Lebow as she hosts Vice President of Content Suzy Davidkhanian and Senior Analyst Carina Perkins.

A failed game plan: CEO John Idol鈥檚 plans to build a luxury conglomerate capable of rivaling European heavyweights are now dead in the water, as stiff luxury headwinds coupled with strategic missteps force Capri to pare its ambitions.

The explosive rise of dupe videos鈥攚here shoppers hunt for budget versions of luxury items鈥攊s reshaping how retailers compete for customers. With rising financial pressures, shoppers are increasingly turning to store brands and lower-priced alternatives that mimic higher-end products. This shift is not just a matter of necessity but has also evolved into a culture where consumers proudly share their budget-friendly finds.

LVMH beat analysts鈥� middling expectations in Q4: But the company鈥檚 1% growth suggests the luxury sector may take some time to bounce back.

Retail Economics. SAS. TikTok. Toluna. YouGov.

Connected cars have moved far beyond being a luxury offering to become the default standard for the automotive industry. This fundamental change in how consumers use their vehicles comes with significant implications for advertisers. The scale of transformation is considerable.

Burberry鈥檚 holiday resurgence is an encouraging sign for luxury brands: The company鈥檚 focus on core products won over US shoppers, although a full recovery is a long way off.

Thailand finds itself in the luxury spotlight as China鈥檚 luster fades: The country鈥檚 booming luxury travel market and growing number of ultra-wealthy shoppers is heightening the appeal.

And though 70% of Gen Alphans believe they have a basic understanding of money, they prioritize their ability to buy 鈥渓耻虫耻谤测 goods鈥濃�攅ven ones they don鈥檛 need. For example, over 30% of these young consumers have cosmetic products meant for people three times their age. And 75% believe they deserve to get 鈥渕ost鈥� of what they want.

Walmart is ratcheting up its assortment of higher-end apparel and partnering with resale platform Rebag to offer pre-owned luxury accessories from brands like Gucci and Chanel. Amazon opened a dedicated storefront for Michael Kors merchandise on its platform. Academy Sports added Nike鈥檚 Jordan brand apparel and shoes to appeal to consumers who have a taste for higher-end products.

Department stores are the most popular destination for personal luxury goods purchases, with 44.5% of US adults shopping in-person and 33.2% shopping on department store websites or apps, according to 鈥淭he 蘑菇AV Luxury Survey鈥� conducted by Bizrate Insights in August 2024.

The divide between top-tier brands and the rest of the luxury industry is widening: Companies like Brunello Cucinelli are outpacing the market as wealthy shoppers spend freely.

Est茅e Lauder partners with India鈥檚 government to boost local beauty brands: The company is the latest to invest in the country as interest in premium beauty soars.

Luxury ecommerce gets a boost from wealthy shoppers: Our Industry KPIs data shows that spending from top-tier consumers offset softening aspirational demand.

Uniqlo, Ikea join luxury companies鈥� real estate spending spree: The two retailers snapped up prime space on Fifth Avenue to lock in their spots in a busy retail corridor.