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Saks Fifth Avenue in San Francisco will require all shoppers make an appointment. The controversial move could solve a major headache.

Tue, 07/23/2024 - 12:20

The Saks Fifth Avenue Club in Napa, California — The Saks Fifth Avenue Club in Napa, California. The San Francisco Union Square location is also transferring to the "Club" model, which requires an appointment to shop.
Hudson's Bay Company

Retail, saks, saks-fifth-avenue, san-francisco, luxury-retail

Luxury brands from Gucci to Chanel are placing billion-dollar bets on in-store shopping

Sat, 04/06/2024 - 20:27

Gucci — The Gucci storefront in Moscow.
ALEXANDER NEMENOV/AFP via Getty Images

Retail, Real Estate, insider-news, luxury-retail, Chanel, gucci, Kering

Buying a Rolex is easier than you think, an official retailer says

Thu, 03/21/2024 - 05:00

Jordan Hart wearing a Rolex — The 36mm Rolex Oyster Perpetual Day-Date with a mother-of-pearl dial and president band retails for just under $42,000.
Jordan Hart/BI

Retail, rolex, watch-collector, luxury-watches, luxury-retail

Bernard Arnault, the world's 3rd-richest person, is set to appoint 2 more of his children to the LVMH board

Tue, 01/23/2024 - 06:31

Actor Kris Wu, CEO of Rimowa, Alexandre Arnault, Frederic Arnault and Owner of LVMH Luxury Group Bernard Arnault attend the Louis Vuitton Menswear Fall/Winter 2020-2021 show as part of Paris Fashion Week on January 16, 2020 in Paris, France. — Alexandre, Frédéric, and Bernard Arnault in January 2020.
Bertrand Rindoff Petroff/Getty Images

Retail, bernard-arnault, LVMH, alexandre-arnault, antoine-arnault, luxury-goods, luxury-fashion

A childless descendent of the Hermès founder is planning to leave half his $12 billion fortune to his former gardener and handyman, report says

Fri, 12/15/2023 - 08:32

Heart Evangelista wears a green shiny crocodile leather Kelly Hermes bag, during a street style fashion photo session, on December 02, 2023 in Manila, Philippines. — Edward Berthelot/Getty Images

Retail, hermes, Wealth, money, luxury-retail, Luxury, trending-uk

I worked at Louis Vuitton. We spotted fake bags all the time — here's what we did when customers tried to return them.

Wed, 12/13/2023 - 05:10

a woman carries a Louis Vuitton bag — Shelley Alvarado worked at Louis Vuitton for five years and says she was passionate about the product — and able to easily spot counterfeit bags.
Edward Berthelot/Getty Images

Retail, BI-freelancer, luxury-bag, louis-vuitton, counterfeits, moet-hennessy-louis-vuitton, Wealthy

Charlie Munger says he dislikes fashion stocks like Nike - but he'd buy Hermès stock if it was cheap enough

Wed, 11/01/2023 - 06:55

Warren Buffet Charlie Munger Berkshire Hathaway — Charlie Munger (right) and Warren Buffett (left).
Johannes Eisele/Getty Images

Markets, mi-exclusive, Markets, Stocks, herms, luxury-goods, luxury-retail

A big investor in a top luxury watch retailer dumped millions of shares after Rolex struck a deal to run its own stores

Wed, 08/30/2023 - 13:38

Man looking on luxury watches Rolex on his hand. — Man looking on luxury watches Rolex on his hand.
AS photo studio / Shutterstock

Markets, mi-exclusive, Markets, rolex, Retail, luxury-watch, luxury-retail

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