Member Exclusives
Amazon Isn’t the Solution to Saks’ Problems
The shiny new storefront on Amazon Luxury did not distract investors this week from Saks Global’s deteriorating liquidity problem.
The Met’s Madame X-Rated Opportunity
Art museums like the Met make $50 million per year in retail revenue. What happens when beauty brands try to exit through the gift shop?
Product Drops Are Fashion’s New Can’t-Miss Events
Brands from streetwear to beauty are connecting with young audiences by turning product drops into fun-filled events involving games, quests and competitions.
Allow Thom Browne to Re-Introduce Himself
With a new store concept and marketing campaign, the designer is looking to widen his brand’s appeal beyond the fashion elite.
At Estée Lauder Companies, Growth Remains Elusive
The company’s latest results show progress in cutting costs, but projects a steeper slide in sales this year than previously anticipated.
The Resale Rockstars Selling Jeans for $20,000
4G — resellers who run an infamous New York showroom where rappers and athletes pay stratospheric prices to load up on Chrome Hearts and ‘fucking chill’ — have built a business that has doubled sales revenue each year since 2020.
A New Plan for New York Fashion Week
KFN, which launched earlier this year, unveiled on Thursday plans to evolve New York Fashion Week, starting with a new network of venues available to designers without a fee.
Kohl’s Fires CEO for Directing Millions to Romantic Partner
The department store is searching for a permanent CEO replacement after Kohl’s Corp.’s board discovered Ashley Buchanan, who had joined Kohl’s in January, had directed millions of company dollars to his then-undisclosed romantic partner.
French Luxury Trade Groups Push Back Against Social Media Counterfeiters
The FHCM, Comité Colbert and UNIFAB have quietly circulated a position paper calling on policymakers to take ‘immediate action’ to stop an ‘unprecedented widespread disinformation campaign’ about the origin of luxury goods.
CVS Drops Lilly’s Zepbound as Preferred Drug in Novo Win
Starting July 1, Wegovy, not Zepbound, will be preferred on CVS Caremark’s standard formulary.
Can Designer Perfumes Win Over the Niche Customer?
Luxury fashion brands like Bottega Veneta, Balmain and Rabanne are looking to cash in on the niche fragrance boom with new lines of ultra-premium scents. They face tough competition from more agile indies — and are dealing with a different kind of customer.
Pakistani Fashion Brands Chase Global Diaspora
From high-street labels to haute couture houses, Pakistani brands are opening international stores as far afield as suburban Texas and London’s luxury district in a push to diversify away from the shaky domestic market where some have reached saturation point.