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Credit card rewards are turning us into jerks

Thu, 07/25/2024 - 05:53

Tech Insider : Economy, Travel

Hands of two men fighting and reaching for a credit card on a bill tray — Getty Images; Alyssa Powell/BI

economy, Discourse, finance, Retail, credit-card-rewards, credit-cards, Travel

The luxury outlook in China just keeps getting worse

Thu, 07/25/2024 - 05:27

Tech Insider

Dior Hong Kong — China's luxury sales are tumbling as wary consumers spend less at home and more in Japan.
Serene Lee/Getty Images

Retail, Luxury, China, LVMH, gucci, Kering, q2-earnings

Take a look at the luxury items LVMH is custom-making for the Paris Olympics

Thu, 07/25/2024 - 05:21

Tech Insider : Sports

Louis Vuitton trunk holding Olympic medals — A custom Louis Vuitton trunk holds the Olympic medals, also designed by an LVMH brand.
Courtesy of LVMH

Sports, Retail, LVMH, bernard-arnault, dior, Paris, Olympics

That Chipotle portion-size social media drama might mean more 'generous' meals for some customers

Wed, 07/24/2024 - 17:55

Tech Insider

Chipotle worker at assembly line — A Chipotle worker behind the counter at one of the chain's restaurants.
Gregory Rec/Portland Press Herald via Getty Images

Retail, chipotle, fast-food, restaurant

Champagne sales are tanking. An LVMH exec thinks people aren't happy enough to pop bottles.

Wed, 07/24/2024 - 07:06

Tech Insider

Pouring of Krug Champagne — LVMH saw an 8% year-over-year decline in revenue for Champagne in 2024.
Annie Mulligan/Getty Images

Retail, LVMH, Champagne

Coca-Cola says fewer people are eating dinner out, and it's hurting sales of its drinks

Wed, 07/24/2024 - 06:32

Tech Insider

Photo of cans of Coca-Cola soft drink seen displayed in a store in Poland — SOPA Images/Getty Images

Retail, Coca-Cola, Coke, coca-cola-company, restaurants, trending-uk

LVMH is waiting for China's consumers to shop at home

Wed, 07/24/2024 - 06:25

Tech Insider : Economy

Customers are lined up outside a Louis Vuitton store. — Louis Vuitton stores in China have lost ground to their Japanese counterparts from a weaker yen.
Zhang Peng/LightRocket/Getty Images

Retail, Retail, LVMH, marketing, China, economy, Luxury

Japan is fast becoming the hottest market for luxury brands

Wed, 07/24/2024 - 04:50

Tech Insider

people queuing outside the Dior store in Tokyo — Tourists are flocking to Japan to take advantage of its currency downturn, buying luxury goods for less.
Tomohiro Ohsumi/Getty Images

Retail, Retail, Luxury, China, Japan, LVMH, Kering

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

Tech Insider

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

The one place IRL still matters: luxury shopping

Tue, 07/23/2024 - 05:41

Tech Insider

Store clerk handing over a luxury golden shopping bag to a shopper — E-commerce has eaten everything ... except ultra-luxe.
Getty Images; Alyssa Powell/BI

Retail, Discourse, E-Commerce, Luxury, Retail, online-shopping, amazon

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