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Dec. 2, 2023
  1. St. Regis rolls out 'House of Celebration' holiday programming
  2. Creative director Matthew Williams departing Givenchy
  3. RH Indianapolis opens on renowned 151-acre estate
  4. Gucci faces worker strike in Rome
  5. Thom Browne expands brand universe with Baccarat collaboration
  6. All-new 2024 Lexus GX SUV stars in annual holiday campaign
  7. David Yurman, SCAD join forces for tech-forward holiday project
  8. Veuve Clicquot event honors 51st Bold Woman Award winners
  9. At Accor, luxury division welcomes three new leaders
  10. Tiffany & Co. to drop Pokémon exclusives at NYC, Tokyo flagships
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Apparel and accessories

Well-loved luxury proves recession-proof as ‘fair condition’ demand doubles: report

January 20, 2023

Macroeconomic uncertainty is shifting the way luxury seekers are navigating the circular economy, according to The RealReal. Image credit: The RealReal Macroeconomic uncertainty is shifting the way luxury seekers are navigating the circular economy, according to The RealReal. Image credit: The RealReal

 

By Amirah Keaton

Luxury resale platform The RealReal is forecasting a quieter future for ultraluxury in 2023, as prices for Hermès, Chanel, Gucci and Louis Vuitton – brands that have garnered more than 70 percent above MSRP since 2020 – are down 5 percent on the platform.

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  1. St. Regis rolls out 'House of Celebration' holiday programming
  2. Creative director Matthew Williams departing Givenchy
  3. RH Indianapolis opens on renowned 151-acre estate
  4. Gucci faces worker strike in Rome
  5. Thom Browne expands brand universe with Baccarat collaboration
  6. All-new 2024 Lexus GX SUV stars in annual holiday campaign
  7. David Yurman, SCAD join forces for tech-forward holiday project
  8. Veuve Clicquot event honors 51st Bold Woman Award winners
  9. At Accor, luxury division welcomes three new leaders
  10. Tiffany & Co. to drop Pokémon exclusives at NYC, Tokyo flagships
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