Category Archives: Luxury

Saks Launches Closeout Retail Online Store, Off 5th

After a long round of development, Saks Incorporated has launched Off 5th at saksoff5th.com. The online store offers up to 55% off merchandise year-round. “This is a significant milestone for Saks Off 5th as the…

Clicks or Bricks: Bob Shullman on Trends in Researching, Buying Products Online

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Many studies addressing consumers’ online vs. in-store buying behaviors miss one critical insight: how consumers research the products and services they want to buy is an entirely different activity than actually buying them. This comes…

Luxury Sales to Exceed $318 Billion, Driven by Emerging Markets & ‘Affordable Luxury’

Findings from a new report by Euromonitor International, indicate that in 2013, luxury goods sales will exceed $318 billion worldwide, representing a year-on-year real value gain of three percent, driven by emerging markets and ‘affordable…

JustFab Raises Another $40M Proving Fast Fashion Ecommerce is a Billion $ Global Opportunity

By Michael Carney On September 26, 2013JustFab, the Los Angeles-based women’s fashion subscription ecommerce giant, has raised a $40 million Series C round. The news comes as the company continues to expand aggressively into Europe and grow its…

DKNY’s 10 Commandments of Luxury Social Media, Part I

“If you’re not speaking for yourself on behalf of your brand, someone else is speaking for you, about you or against you,” said Aliza Licht, SVP, Global Communications, Donna Karan International, during her presentation at…