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By MBN Staff - Mon, 01/19/2026 - 08:02
Saks Global filed for Chapter 11 in Texas, citing inventory constraints and weakened vendor confidence rather than a drop in luxury demand.
https://mexicobusiness.news/tag/luxury-retail
More E-Commerce & Retail
By Mariana Allende - Fri, 10/31/2025 - 13:36
Liverpool and Palacio de Hierro posted solid 3Q25 growth, though differing efficiency and financial strategies led to diverging profitability.
By Mariana Allende - Fri, 09/19/2025 - 07:54
Amazon, Mercado Libre, Geodis plan US$1.2 billion expansion in Edomex; Waldo’s to invest MX$847 million in new stores by 2025.
By MBN Staff - Mon, 09/15/2025 - 08:00
Tapestry warns US tariffs could cost US$160 million in FY2026, with full offset by 2028; Southeast Asia imports face higher duties.
By MBN Staff - Tue, 05/27/2025 - 07:48
Kering faces investor pressure as Gucci sales drop, leading to lowered forecasts and a sell-off of Kering shares.
By Mariana Allende - Thu, 04/17/2025 - 10:00
Hermès surpasses LVMH as the top luxury firm by market cap after LVMH's weak Q1 results and global luxury demand concerns.
By Marco Gelosi - Mon, 03/17/2025 - 08:00
AI is transforming fashion with virtual retail, predictive inventory, and personalized e-commerce, reshaping customer experience, writes Marco Gelosi.
By Mariana Allende - Tue, 01/21/2025 - 07:31
The luxury goods market relies on US growth amid China’s challenges, shifting spending, labor scrutiny, and market volatility heading into 2025.
By Mariana Allende - Thu, 01/09/2025 - 10:00
In retail news, Mexico's e-commerce spending rose 2.4% in November, while TikTok Shop plans to expand to Mexico.
By Mariana Allende - Thu, 01/02/2025 - 11:39
The Italian luxury market is facing multiple audits and labor issues across its supply chain, with major brands facing investigations.
