Brunello Cucinelli

Q3 FY24 Results: Mytheresa Posts +18% Net Sales Growth and a Significantly Improved Adjusted EBITDA Margin Compared to the Previous Year Quarter

Retrieved on: 
Mittwoch, Mai 15, 2024

The leading luxury multi-brand digital platform reported excellent financials posting double-digit growth and improved profitability clearly outperforming the overall market.

Key Points: 
  • The leading luxury multi-brand digital platform reported excellent financials posting double-digit growth and improved profitability clearly outperforming the overall market.
  • Mytheresa’s third quarter performance exhibits highly accelerated top-line growth, strong expansion of Top Customer revenues and significantly improved profitability.
  • Michael Kliger, Chief Executive Officer of Mytheresa, said, “We are very pleased with the strong performance in the third quarter.
  • Double-digit revenue growth, double-digit Top Customer growth and a very high growth US business underscore that Mytheresa is not just a luxury e-commerce platform.

Lightspeed Commerce Highlights Latest Product Launches Designed to Help Businesses Scale Faster and Smarter

Retrieved on: 
Dienstag, April 30, 2024

It's through innovations like these that our merchants are able to save countless hours and reduce overhead costs as they look to scale upwards in a competitive environment."

Key Points: 
  • It's through innovations like these that our merchants are able to save countless hours and reduce overhead costs as they look to scale upwards in a competitive environment."
  • Retailers can now use margins to edit prices, and Lightspeed Retail will automatically calculate the right markup and price based on the desired margin for each product and its variants.
  • Identifying Stockouts: Lightspeed data shows that the top 5% of retail products are out of stock more than 21% of the time.
  • Lightspeed powers the world's best brands and retailers, including: Saks, Nordstrom, Brunello Cucinelli, Rag & Bone, Kendra Scott, Barbour, Tecnica, Arc'teryx and Shiseido.

Simon® Announces Exciting Additions to Woodbury Common Premium Outlets®

Retrieved on: 
Mittwoch, April 24, 2024

INDIANAPOLIS, April 24, 2024 /PRNewswire/ -- Simon®, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced its plans to add customer experience enhancements and a new store line-up to Woodbury Common Premium Outlets®. Woodbury Common is one of the world's most successful outlet centers and features the largest collection of luxury outlets in North America. Located in the heart of New York's bucolic Hudson Valley just one hour from Manhattan, the outlet center is a destination for local residents as well as domestic and international tourists, drawing over 10 million shoppers annually. 

Key Points: 
  • Woodbury Common is one of the world's most successful outlet centers and features the largest collection of luxury outlets in North America.
  • Redefining luxury shopping at Woodbury Common, the first enhancement to be unveiled will be a stunning new VIP Suite, a haven designed exclusively for our discerning clientele.
  • In Fall 2023, plans to expand Woodbury Common Premium Outlets were unveiled.
  • First news of Simon's proposal for Woodbury Common Premium Outlets' new amenities and expansion was widely praised by state and local leaders.

Saks Fifth Avenue Unveils Reimagined West Coast Flagship in Beverly Hills

Retrieved on: 
Mittwoch, Februar 7, 2024

BEVERLY HILLS, Calif., Feb. 7, 2024 /PRNewswire/ -- Saks Fifth Avenue is reinventing its West Coast flagship experience and furthering its position as the quintessential destination for luxury fashion in Beverly Hills with the opening of its highly anticipated new women's store on Wilshire Boulevard.

Key Points: 
  • BEVERLY HILLS, Calif., Feb. 7, 2024 /PRNewswire/ -- Saks Fifth Avenue is reinventing its West Coast flagship experience and furthering its position as the quintessential destination for luxury fashion in Beverly Hills with the opening of its highly anticipated new women's store on Wilshire Boulevard.
  • "Saks Fifth Avenue is resetting the gold standard of luxury shopping in Beverly Hills with the opening of our new women's store on Wilshire Boulevard," said Larry Bruce, President, Saks Fifth Avenue stores.
  • "We have created the ultimate luxury shopping destination in Beverly Hills," added Tracy Margolies, Chief Merchandising Officer, Saks.
  • Bo oversees the Saks Fifth Avenue West Coast flagship experience in Beverly Hills, including the new women's store and the men's store located at 9634 Wilshire Boulevard.

David Jones Digitizes Its Buying Process Utilizing NuORDER by Lightspeed

Retrieved on: 
Dienstag, November 14, 2023

Launching in January with the women’s international and designer ready-to-wear categories, David Jones will utilize NuORDER Assortments to digitally preview collections, curate assortments and complete orders in collaboration with their brands.

Key Points: 
  • Launching in January with the women’s international and designer ready-to-wear categories, David Jones will utilize NuORDER Assortments to digitally preview collections, curate assortments and complete orders in collaboration with their brands.
  • This partnership will accelerate David Jones’ digital transformation efforts and replace manual, time consuming processes like data collection, sizing and order writing.
  • NuORDER by Lightspeed’s innovative technology will give David Jones the ability to easily view and analyze their assortments across brands, categories, and attributes.
  • “We are thrilled to partner with David Jones, a leading Australian retailer known for their premium customer experience, to digitally transform their merchandising process,” said Danielle Fairfield, Head of Retail for NuORDER by Lightspeed.

David Jones Digitizes Its Buying Process Utilizing NuORDER by Lightspeed

Retrieved on: 
Dienstag, November 14, 2023

MONTREAL, Nov. 14, 2023 (GLOBE NEWSWIRE) --  Lightspeed Commerce Inc. (NYSE | TSX: LSPD) has been selected by David Jones, Australia’s leading premium department store curating the most exclusive global and local brands, as part of its Vision 2025+ strategy to digitize its merchandising and buying process. Launching in January with the women’s international and designer ready-to-wear categories, David Jones will utilize NuORDER Assortments to digitally preview collections, curate assortments and complete orders in collaboration with their brands.

Key Points: 
  • Launching in January with the women’s international and designer ready-to-wear categories, David Jones will utilize NuORDER Assortments to digitally preview collections, curate assortments and complete orders in collaboration with their brands.
  • This partnership will accelerate David Jones’ digital transformation efforts and replace manual, time consuming processes like data collection, sizing and order writing.
  • NuORDER by Lightspeed’s innovative technology will give David Jones the ability to easily view and analyze their assortments across brands, categories, and attributes.
  • “David Jones is committed to delivering an unparalleled omnichannel shopping experience for customers,” said Bridget Veals, General Manager Womenswear, Footwear and Accessories for David Jones.

Q1 FY24 Results: Mytheresa Grows +7% in Net Sales in the First Quarter

Retrieved on: 
Dienstag, November 28, 2023

The luxury multi-brand digital platform reported solid financial performance for the first quarter FY24, delivering growth and only a small net loss amidst challenging market conditions.

Key Points: 
  • The luxury multi-brand digital platform reported solid financial performance for the first quarter FY24, delivering growth and only a small net loss amidst challenging market conditions.
  • Michael Kliger, Chief Executive Officer of Mytheresa, said, “We are pleased with our results in a very difficult macro environment.
  • Mytheresa does not intend to update its forward-looking statements until its next quarterly results announcement, other than in publicly available statements.
  • Mytheresa will host a conference call to discuss its first quarter of fiscal year 2024 financial results on November 28, 2023 at 8:00am Eastern Time.

Lightspeed releases new features, leveraging data and AI, to make the hard parts of running a business that much easier

Retrieved on: 
Dienstag, Oktober 31, 2023

But what used to take hours of inputting and updating the POS now takes seconds with Lightspeed Restaurant’s newest launch: Smart Items.

Key Points: 
  • But what used to take hours of inputting and updating the POS now takes seconds with Lightspeed Restaurant’s newest launch: Smart Items.
  • Lightspeed remains dedicated to simplifying complex processes for their merchants on all fronts, including Lightspeed Payments.
  • Learn more about Lightspeed Payments on the Company’s Lightspeed Retail or Lightspeed Restaurant websites.
  • Dive into the transformative  features of Lightspeed Retail and Restaurant on our website, or to witness its powerful capabilities, watch a demo .

Lightspeed releases new features, leveraging data and AI, to make the hard parts of running a business that much easier

Retrieved on: 
Dienstag, Oktober 31, 2023

But what used to take hours of inputting and updating the POS now takes seconds with Lightspeed Restaurant’s newest launch: Smart Items.

Key Points: 
  • But what used to take hours of inputting and updating the POS now takes seconds with Lightspeed Restaurant’s newest launch: Smart Items.
  • Lightspeed remains dedicated to simplifying complex processes for their merchants on all fronts, including Lightspeed Payments.
  • Learn more about Lightspeed Payments on the Company’s Lightspeed Retail or Lightspeed Restaurant websites.
  • Dive into the transformative features of Lightspeed Retail and Restaurant on our website, or to witness its powerful capabilities, watch a demo .

NuORDER by Lightspeed Releases Results of 2023 Holiday Outlook Brand Survey

Retrieved on: 
Montag, Oktober 2, 2023

MONTREAL, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) released the results of NuORDER by Lightspeed’s 2023 Holiday Outlook Brand Survey today.

Key Points: 
  • MONTREAL, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) released the results of NuORDER by Lightspeed’s 2023 Holiday Outlook Brand Survey today.
  • The survey aimed to get a pulse on whether brands are revamping their holiday strategies or doubling down on tried and true programs in light of the current macroeconomic environment.
  • Over 100 women’s and men’s apparel, footwear, accessories, luxury, beauty, outdoor/sporting goods, and home furnishings/décor brands weighed in on their expectations surrounding consumer behavior heading into the holiday season.
  • This means that brands will need to focus on selling more of their assortments through high performing retail partners or find alternative retailers to bridge the gap.”
    According to the results of the 2023 Holiday Outlook Brand Survey, most brands are not pulling back on wholesale because of store closure this year.