[ad_1] The cohort now makes up 20% of the website’s luxury platform shopper base and is growing rapidly. The retailer has partnered with various brands to launch exclusive collections and is ramping up marketing activities targeted towards such shoppers. Also Read | Customers are quitting luxury brands as price hikes go too far “There are…
[ad_1]  Italian luxury group Prada may be evaluating a purchase of rival Versace, owned by Capri Holdings Ltd, as reported. Collaborations are all the rage in luxury— indeed LVMH’s Fendi teamed up with Versace three years ago—but Pradace is one tie-up that should stay in the design room. Also Read: Leverage Affluent India narrative to…
[ad_1] The owner of Louis Vuitton and Dior has reported a 1% increase in sales excluding currency movements and mergers and acquisitions in the fiscal second quarter, below analysts’ expectations of a 2.9% gain, and the lowest level of growth since 2009, excluding the pandemic dip. Sales of fashion and leather goods, the engine of…
