Luxury Retail Market

The secondary luxury market is no longer peripheral, it is a parallel economy reshaping the foundations of the industry. Valued at over €50B and growing at a rate significantly faster than the primary market , resale has transformed from a fringe channel into a central force influencing pricing, demand, and brand perception. This episode breaks down the strategy, economics, and operational bluepri...

In this episode, LRM examines the unraveling of Saks Global—the entity formed by Hudson’s Bay Company’s $2.65B acquisition of Neiman Marcus and merger with Saks Fifth Avenue. This episode analyzes: The financial engineering behind the “fantasy merger” The controversial real estate strategy associated with Richard Baker The structural decline of the traditional department store model The widening d...

From today’s vantage point, the years following 2020 reshaped consumer behavior, supply chains, and competitive dynamics, creating a new and more volatile equilibrium. In this episode, we examine how the industry transitioned from crisis to recalibration between 2020 and 2025, and distill the strategic imperatives luxury leaders must prioritize to remain resilient, relevant, and competitive in 202...