December 9, 2022
Luxury Daily's live news for Dec. 9
The initiative was through the Atlanta-based Mercedes-Benz USA's Season to Shine charity campaign for the holidays, supported by nonprofit Shoes That Fit, an organization that gifts children with new footwear for athletics.
The goal is to offer flexible payment options to buyers of products from the Soia & Kyo and Mackage outerwear brands in line with a global trend among luxury players targeting younger, aspirational audiences.
The luxury travel industry is set to grow to $703.14 billion by 2027, per a new report from Technavio.
Malls, outlets and shop-in-shop concepts were part of this uptick, showing that large retailers that brought in smaller brands to their same location increased traffic.