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Behind the demise of Harrolds: A cautionary tale or singular case?

Inside Retail

Nevertheless, he believes the brands that will lead the way in Australia’s luxury market are “those that understand the psychology behind luxury shopping and can create a holistic journey that speaks to both the emotional and practical needs of their clientele”. The post Behind the demise of Harrolds: A cautionary tale or singular case?

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Would you get married in a department store? Selfridges says ‘I do’

Inside Retail

As the UK starts to reopen after a prolonged lockdown, the launch of a wedding venue at Selfridges’ Oxford Street location could end up driving much-needed store visits, if only due to sheer novelty, according to Jana Bowden, an associate professor at Macquarie University Business School. “As It’s been an annus horribilis for Selfridges.”.

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In Paris without tourists, LVMH unveils Samaritaine store revamp

Inside Retail

Luxury goods group LVMH unveiled on Monday the revamped La Samaritaine, a 150-year-old department store designed to help it grab a greater slice of tourist spending once pandemic travel curbs are eased. A view inside the revamped Samaritaine department store ahead of its reopening in Paris, France, June 21, 2021.

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Bloomingdale’s Brings 3,000+ Pre-Loved Luxury Goods from Rebag Online and into Stores

Retail TouchPoints

Heritage luxury department store Bloomingdale’s is staking a claim in the resale market by partnering with luxury resale platform Rebag. While more than 2,500 of these items will be for sale on Bloomingdales.com, the remaining goods will be featured (and for sale) in five Bloomingdale’s stores nationwide.

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Global Wellness Brand Hyperice Opens its First Pop-Up Store at Harrods

Retail Focus

Global high-performance wellness brand, Hyperice , opens its first pop-up shop at luxury department store, Harrods. Jim Huether, CEO of Hyperice says: “Harrods’ is the world’s most iconic department store. Today, the company is a holistic high-performance wellness brand with numerous product lines and categories.

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Secrets of selling to the 1 per cent

Inside Retail

I think the most important thing about our clientele is that the biggest luxury they crave is time. It’s all about experience Selvane Mohandas du Ménil, the managing director of the International Association of Department Stores, said there are three main types of retailers that cater to the 1 per cent.

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‘We are in the Business of Emotions, Not Transactions’: Exclusive Q&A with Neiman Marcus Group CTO Bob Kupbens

Retail TouchPoints

As the department store sector aims to reinvent itself for retail’s digital age, iconic retailer Neiman Marcus Group (NMG) is investing rapidly in technologies that will elevate its integrated luxury retail strategy across all channels.