Luxury

RICE 2024 Announces a Stellar Speaker Lineup for Summer Conference in Chicago

Retrieved on: 
Jeudi, mai 2, 2024
Footwear, Restaurant, Bar, Office Products, Jewelry, Convenience Store, Catalog, Delivery Services, Bridal, Toys, Other Retail, Home Goods, Wine & Spirits, Tobacco, Supply Chain Management, Supermarket, Online Retail, Specialty, Luxury, Discount, Variety, Department Stores, Food, Beverage, Fashion, Cosmetics, Retail, Organic Food, Science, Walmart, Corporate title, Primark, RICE, Social media, News, EVP, Strategic management, The Royal Group, Commerce, Marketing, User experience, Conference, McCormick Place, Zappos, SVP, Liquid Death, Amazon Fresh, Female, Growth, Video game

The Retail Innovation Conference and Expo (RICE), the go-to annual event for retail and brand executives, today announced its speaker lineup for the 2024 conference taking place June 4-6 at McCormick Place, Chicago.

Key Points: 
  • The Retail Innovation Conference and Expo (RICE), the go-to annual event for retail and brand executives, today announced its speaker lineup for the 2024 conference taking place June 4-6 at McCormick Place, Chicago.
  • This year, RICE will feature top speakers from both heritage and emerging retail brands, including Michaels, Petco, Liquid Death, and Babylist.
  • “The Retail Innovation Conference has always been known for curating thought-provoking content,” said Erica Brant, RICE Conference Content Manager, “and this year is going to be even better.
  • Keep up with the latest news from RICE on Facebook , X (formerly Twitter) , Instagram , and LinkedIn .

Spring Awakening: Moderate Gains and New Consumer Dynamics Shape Canada's Luxury Market

Retrieved on: 
Mercredi, avril 24, 2024
Sale, Greater Toronto Area, Multiple listing service, City, Estate agent, GTA, Housing, Motivation, MLS, Traction, Metro, Growth, Greater Montreal, Tax, Heel, Bank, Optimism, GDP, Luxury, Sotheby, CREB, Absorption, Statistics Canada, Real estate

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Canada’s luxury real estate market eased into spring with modest sales gains across key metropolitan cities, as the dynamic between prospective home sellers and buyers improved, and pricing expectations continued to come into alignment. Despite strengthening consumer confidence and an increase in early-stage market engagement in the initial months of 2024, the expectation of additional property listings supply and potential interest rate declines prompted some buyers and sellers to defer transactions into the spring market. As a result, the country’s major metropolitan areas are expected to see a moderate improvement in sales activity across the luxury and conventional markets in the months ahead.  

Key Points: 
  • According to Sotheby’s International Realty Canada ’s Top-Tier Real Estate: Spring 2024 State of Luxury Report, consumer dynamics in the Greater Toronto Area (GTA) evolved in the first quarter of 2024, setting the stage for measured sales gains and a balanced market this spring.
  • “Luxury market dynamics at the start of 2024 reflect a progressive shift in consumer psychology: sellers are now engaging in the market with more realistic pricing strategies, and in some cases, greater motivation to sell.
  • We expect to see higher transactional volumes and improved market fluidity throughout the spring market."
  • Market dynamics and consumer psychology within the Greater Toronto Area’s (GTA) luxury real estate market improved in the first quarter of 2024, signalling escalating sales activity in the months ahead.

Retailers With the Highest Identification Rates See 53% Higher Repeat Purchase Rates Finds New Report from Bluecore

Retrieved on: 
Mardi, avril 16, 2024
Growth, Health, Philosophy, CMO, DTC, ID, Jewellery, Calendar, Acquisition, Luxury, Risk

While every vertical has unique trends, Bluecore finds that across the board, retailers focused on the metrics and best practices that drive customer movement have higher performance across the customer lifecycle.

Key Points: 
  • While every vertical has unique trends, Bluecore finds that across the board, retailers focused on the metrics and best practices that drive customer movement have higher performance across the customer lifecycle.
  • Retailers with average ID rates above 40% saw repeat purchase rates that were 53% higher than the average.
  • At the same time, retailers with ID rates below 10% saw repeat purchase rates that were 33% lower than the average.
  • Our philosophy and practice of ‘customer movement’ is founded on customer centricity, which the data shows drives higher purchase rates, retention rates and revenue,” said Jason Grunberg, CMO at Bluecore.

C.K. McWhorter to Open Communication With Sovereign Wealth Fund of Norway In Regard To McWhorter Single Family Office Linked Luxury ESG Global Fund Partnership

Retrieved on: 
Jeudi, avril 11, 2024
Sovereign wealth fund, Investment, Partnership, GPFG, Luxury, Growth

In pursuit of unparalleled excellence and visionary foresight, the McWhorter Family Single Family Office is poised to unveil a groundbreaking venture - a Luxury ESG Global Fund that transcends traditional boundaries and redefines the very essence of elite wealth preservation and growth.

Key Points: 
  • In pursuit of unparalleled excellence and visionary foresight, the McWhorter Family Single Family Office is poised to unveil a groundbreaking venture - a Luxury ESG Global Fund that transcends traditional boundaries and redefines the very essence of elite wealth preservation and growth.
  • With the esteemed Sovereign Wealth Fund of Norway as a potential partner, this visionary endeavor promises to unlock new dimensions of prosperity and sophistication on a global scale.
  • The dialogue between the McWhorter Family Single Family Office and the Sovereign Wealth Fund of Norway heralds the dawn of a new era in luxury investment strategy and global partnerships.
  • Stay attuned as the McWhorter Family Single Family Office and the Sovereign Wealth Fund of Norway embark on a transformative journey towards redefining the very essence of wealth management and investment excellence.

Serta Simmons Bedding Launches New Beautyrest Black® Collection

Retrieved on: 
Jeudi, mai 2, 2024
Retail, Home Goods, Specialty, Luxury, SSB, Multimedia, Senior, Element, Collection

Serta Simmons Bedding (SSB), a leading global sleep company, announced today the launch of its new Beautyrest Black® Collection.

Key Points: 
  • Serta Simmons Bedding (SSB), a leading global sleep company, announced today the launch of its new Beautyrest Black® Collection.
  • View the full release here: https://www.businesswire.com/news/home/20240502715164/en/
    Beautyrest Black® is the flagship line of Beautyrest, a leading brand in the luxury innerspring category.
  • With the union of fine materials and premier technology, Beautyrest Black aligns where luxury meets innovation for restorative sleep.
  • “With the Beautyrest Black launch, we are bringing our retail partners a collection of products that are not only beautifully designed, but they take comfort to a new level – and their customers will be thrilled.”

Arta Launches Embedded Valuables Insurance Product in Partnership with Chubb to Expand its Suite of Consumer Offerings

Retrieved on: 
Jeudi, mai 2, 2024
Arts, Museums, Entertainment, Professional Services, Online Retail, Luxury, Jewelry, Specialty, Electronic Commerce, Technology, Retail, Insurance, Transport, Logistics, Supply Chain Management, Sale, Jewellery, Heritage Auctions, News, Theft, Partnership, Collectable, Loss, Chubb, Friction, Online shopping

The new insurance offering, which is delivered digitally and at the point-of-sale, is underwritten by and made in partnership with Chubb, a world leader in high-net-worth insurance.

Key Points: 
  • The new insurance offering, which is delivered digitally and at the point-of-sale, is underwritten by and made in partnership with Chubb, a world leader in high-net-worth insurance.
  • Arta has already protected over $500 million worth of collectibles while in transit.
  • As we continue to expand into collector services, including valuables insurance, we enable our clients to offer a more complete purchase experience,” notes Adam Fields, Arta CEO and Founder.
  • For more information about valuables insurance, visit arta.io/valuables-insurance .

1-800-FLOWERS.COM, Inc. Reports Fiscal 2024 Third Quarter Results

Retrieved on: 
Jeudi, mai 2, 2024
Retail, Women, Online Retail, Seniors, Teens, Luxury, Catalog, Other Retail, Pets, Wine & Spirits, Men, Specialty, Family, Food, Beverage, Consumer, Table, 1-800-Flowers.com, Inc., International, Investment, Nature, FLWS, Uncertainty, Depreciation, Trust (social science), Gift, Free cash flow, Selection, Newsweek, Public expenditure, Tax, Acquisition, Workforce, Bank statement, Gourmet Foods, Adjustment, GAAP, Pharmaceutical industry

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of gifts designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2024 third quarter ended March 31, 2024.

Key Points: 
  • 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of gifts designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2024 third quarter ended March 31, 2024.
  • Quarter-over-quarter e-commerce revenue trends continued to improve, declining 4.9% as compared with a 6.6% decline in the prior quarter.
  • Adjusted EBITDA1 loss for the quarter was $5.7 million, as compared with an Adjusted EBITDA1 loss of $5.5 million in the prior year period.
  • In response, we amplified our Work Smarter efforts and reduced our workforce during the fiscal third quarter.

The Duckhorn Portfolio Appoints Interim CEO and Industry Veteran Deirdre Mahlan as President and Chief Executive Officer

Retrieved on: 
Mercredi, mai 1, 2024
Retail, Luxury, Food, Beverage, Wine & Spirits, The Duckhorn Portfolio, NAPA, CFO, Wine, Webcast, Exercise, Acquisition, Kimberly-Clark, Bank statement, Seagram, Brown–Forman, Growth, Joseph, Management

The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced that Deirdre Mahlan has been appointed President, Chief Executive Officer and Chairperson, effective immediately.

Key Points: 
  • The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced that Deirdre Mahlan has been appointed President, Chief Executive Officer and Chairperson, effective immediately.
  • Mahlan has been a member of The Duckhorn Portfolio, Inc. Board of Directors since March 2021.
  • Prior to that, Mahlan held positions of increasing responsibility in finance, including five years as CFO of Diageo plc.
  • Mahlan also serves on the boards of Kimberly-Clark Corporation, a consumer goods company, and Haleon plc, a healthcare goods company.

Macy's Honors Historically Black-Founded Fraternities of The Divine Nine® With Exclusive New Collection

Retrieved on: 
Mercredi, mai 1, 2024
Retail, Manufacturing, University, Footwear, Education, Women, Philanthropy, Online Retail, Luxury, Men, Department Stores, Fund Raising, Textiles, African American, Consumer, Fashion, Theta, Kasper, Delta Sigma, Phi Beta Sigma, Partnership, Divinity, Papal conclave, Collection, Research, Macy's, History, National Pan-Hellenic Council, Vice, Sigma Gamma Rho, Multimedia, Workshop, Omega Psi Phi, Brotherhood, Organization, NPHC, 3D printing

In recognition and celebration of the legacy and impact of the five historically Black-founded fraternities of the National Pan-Hellenic Council (NPHC) known as The Divine Nine®, Macy’s has developed an exclusive and versatile product collection.

Key Points: 
  • In recognition and celebration of the legacy and impact of the five historically Black-founded fraternities of the National Pan-Hellenic Council (NPHC) known as The Divine Nine®, Macy’s has developed an exclusive and versatile product collection.
  • With prices starting at $49, product will be exclusively available online at macys.com and in-store at select locations, with all pieces available by July 2024.
  • This new menswear collection compliments the Sorority collection, which launched in 2022 with The Kasper Group offering customers an evolving product assortment for signature events and conferences.
  • The assortment was created in partnership with Tayion Collection®, founded and designed by Montee Holland, a graduate of The Workshop at Macy’s and S.P.U.R.

Ulta Beauty Announces Strategic Mission Focused on Well-Being for Women and Teens

Retrieved on: 
Mercredi, mai 1, 2024
Luxury, Health, Philanthropy, Department Stores, Women, Mental Health, Cosmetics, Retail, Foundation, Consumer, Teens, Sale, Mentorship, Woman, The Littles, School, Active, Wellness, Partnership, Conference, Girls, Inc., Breast Cancer Research Foundation, BCRF, Mental health, Mindfulness, Big Brothers Big Sisters, ESG, BBBS, Breast, Beauty, The Jed Foundation, Student, Ulta Beauty, Active Minds, Human, BIPOC, Domestic violence, Nursing

The Ulta Beauty Charitable Foundation, a 501(c)(3) affiliated with the nation’s largest beauty retailer, is on a mission to support the holistic well-being of women and teens.

Key Points: 
  • The Ulta Beauty Charitable Foundation, a 501(c)(3) affiliated with the nation’s largest beauty retailer, is on a mission to support the holistic well-being of women and teens.
  • Since 2016, the Ulta Beauty Charitable Foundation has donated more than $61 million to improve the lives of women and families.
  • “Well-being and beauty are intrinsically connected and fundamental to who we are as a company,” said Jodi Caro, general counsel, chief risk & compliance officer at Ulta Beauty.
  • “More than 91% of our associates and the majority of our guests are women; we’re also seeing teens engaging with beauty early on.