flash sales

Neiman Marcus invests $28 million in Chinese e-commerce luxury market

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Top U.S. luxury retailer enters Asian e-commerce market in partnership with Glamour Sales Holding (HK) Top U.S. Luxury Retailer Neiman Marcus Group announced a non-controlling strategic investment in Glamour Sales Holding (HK), a privately held e-commerce company.  This will be the company’s first move into the fast-growing luxury retail market in China. “We are taking … Read more

Newly Acquired Taste for Luxury Fashion Results in Win for Premium Retailers

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American Express Business Insights Data Show Full-Price Online Luxury Fashion Spending Sizzling The new data released from American Express Business Insights during Mercedes-Benz Fashion Week revealed additional telling shifts in luxury fashion spending both in US and abroad. While young Gen Y consumers are demonstrating a growing hunger for full-priced online luxury, Seniors are showing … Read more