#luxury-retail

The Fall of Saks: How the American Luxury Icon Unraveled

For much of the past century, Saks Fifth Avenue set the standard for luxury in the United States. Then came the billions in debt, the empty racks, and a bankruptcy that left designers unpaid and shoppers confused.

XY Retail Strengthens Its Global Partner Ecosystem with Appointment of Vivek Veeramani

NEW YORK, July 7, 2026 /PRNewswire/ -- XY Retail, the Retail Operating System for global luxury, fashion and specialty retailers, today announced the appointment of Vivek Veeramani as vice president, ecosystem and delivery. As the company continues to expand …

Reliance luxury retail arm narrows losses , designer labels lag

In India's retail blitz, luxury spaces miss out big

In the realm of luxury retail, India encounters a considerable void in super luxury mall infrastructure, stifling opportunities for esteemed international brands to establish a foothold. Despite the influx of wealth, with the luxury sector projected to blosso…