蘑菇AV

Burberry returns to its roots: To turn its fortunes around, the struggling luxury company will undo its brand elevation strategy and focus on outerwear and scarves.

Luxury brands are buying up premium real estate: Kering, LVMH, and Prada are spending big to acquire flagship properties on prime retail corridors.

Saks launches retail media network amid slowing sales: The ecommerce retailer is billing its offering as a unique opportunity to connect with luxury shoppers.

On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss in-store retail media: what's holding it back, cooler screens and smart carts impact, and what digital advertising looks like outside the store. Then, for "Pop-Up Rankings," we rank the top three heritage brands that have found a way to become cool again. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Zak Stambor.

Ralph Lauren and Tapestry sidestep luxury slowdown: The two companies beat expectations thanks to brand elevation efforts that resulted in higher AUR.

What do you get when you cross a $35 billion ad platform with a 160 million viewer streaming service? A snapshot of Amazon鈥檚 US retail media connected TV (CTV) potential. Luxury brand Movado is leveraging that potential to push video campaigns for Amazon Prime and Freevee viewers.

Hyatt plans to open over 50 luxury and lifestyle hotels globally by 2026. The company has doubled its luxury room count since 2017, with 70% of its hotel rooms now categorized as luxury or 鈥渦pper upscale.鈥�. Delta is reconfiguring its planes to increase premium seating and adding perks like upgraded lounges and Shake Shack burgers to enhance its appeal to frequent flyers.

Lululemon bucks China slowdown as international business gains momentum: The brand鈥檚 premium sportswear is resonating with Chinese shoppers鈥攂ut product challenges keep US consumers on the fence.

Herm猫s鈥� strong Q3 performance makes it a luxury outlier: The company鈥檚 double-digit growth was in stark contrast to Kering鈥檚 slump, as weak global demand weighed on sales.

The number of these consumers, who have assets worth more than $30 million, is expected to grow 50% between 2023 and 2028, making the country a particularly lucrative opportunity for luxury brands. India鈥檚 luxury market is expected to grow between 15% and 25% annually for the next seven years, per Barclays.

Our take: Delta has ample reason to be optimistic鈥攕pending from wealthy consumers has been resilient across sectors, from CPG to luxury, as easing inflation and stock market gains boost sentiment.

The bank expects to roll out more luxury experiences at 30 new financial center branches by 2026.