Search Results for: saks

From Conscious Closets to Sustainable Chic: Discover the Eco-Conscious Initiatives of Eight Luxury Department Stores

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Eight Sustainable Style Sanctuaries: Exploring Luxury Department Stores and their Eco-Conscious Initiatives. Several luxury department stores have launched eco-conscious initiatives to address the environmental impact of the fashion industry. Nordstrom: The retailer launched its “See You Tomorrow” program in 2020, which sells secondhand clothing from a variety of brands. Nordstrom also offers a clothing donation … Read more

New Balmain Beauty’s Global Creative Brings More Than 25 Years Of Creative Experience

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Hans Dorsinville Appointed Senior Vice President, Global Creative, BALMAIN BEAUTY. In September 2022, The Estée Lauder Companies Inc. and BALMAIN announced a license agreement to collaboratively develop, produce, and distribute an innovative line of beauty products that will speak to luxury consumers around the world: BALMAIN BEAUTY. The collaboration is expected to launch in fall … Read more

Luxury Consumers Have An Appetite To Spend On Luxury Items In The Next Months

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Saks Luxury Pulse Finds Consumers Have Appetite to Spend on Luxury. Saks, the premier digital platform for luxury fashion, has unveiled its latest Saks Luxury Pulse survey of luxury shoppers with key insights on brand’s luxury consumers. The luxury ecommerce platform offers the best of luxury, and leverages the Saks Luxury Pulse to better serve … Read more

Premier luxury off-price destination debuts pre-owned designer fashion

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Hundreds of Styles from More Than 60 Designers Now Available on SaksOFF5TH. Saks OFF 5TH Partners with Rent the Runway to Offer Pre-Owned Fashion. Saks OFF 5TH, the premier luxury off-price destination, has partnered with Rent the Runway, the largest shared designer closet, to provide Saks OFF 5TH customers access to pre-owned designer fashion for … Read more

High-end consumers continue to treat themselves and have a growing interest in luxury health and wellness

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Saks Luxury Pulse Finds Consumers are Spending on a Luxury Lifestyle Saks, the premier luxury ecommerce platform, has unveiled its latest Saks Luxury Pulse survey of luxury shoppers with consumer insights on spending habits and lifestyle preferences. The survey found that higher income consumers are continuing to spend on luxury, including treating themselves with fashion … Read more

Discretionary spending continued to drive growth across fashion-forward sectors. Report

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Mastercard SpendingPulse: U.S. Retail Sales in June Reflect Rising Prices for Essentials, Continued Leisure Spending. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly … Read more