luxury Archives - Multichannel Merchant

There’s a New Leadership Team at Burberry

July 12, 2016 | Tim Parry

Burberry has announced new leadership roles for its senior team. Here’s who is taking on new leadership roles as Burberry’s president, CEO, CFO, and COO.

Ecommerce, global ecommerce, cross-border selling, cross-border ecommerce, Gilt, Gilt Groupe

Luxury Brands Yet to Fully Embrace Global Ecommerce

September 4, 2014 | Daniela Forte

While the global B2C ecommerce market is booming, there are luxury brands that have yet to embrace this sales channel, according to a press report by ystats.com. As a result, growing luxury ecommerce revenues have gone to online and multichannel retailers and flash sales sites.

Neiman Marcus Sold for $6 Billion

September 9, 2013 | Daniela Forte

Ares Management LLC and Canada Pension Plan Investment Board announced plans to acquire Neiman Marcus Group from a group of investors led by TPG and Warburg Pincus for $6 billion, according to a press release.