March 07, 2026
Department stores are increasingly being left behind as luxury brands connect directly with customers, both online and in boutiques.
Currency swings sap spending power of American and Chinese travellers overseas
Inditex put cash into subsidiary before sale for ‘not significant’ sum to company now selling near-identical products
Worries that the luxury business is peaking are overblown
Changes are the latest in a wider generational shift in the luxury giant’s management
