Wholesale Industry and Market News

Luxury brands might not like it but there is not much they can do to stop the thriving online second-hand market.

The French wholesaling corporation Carrefour has recently announced that it will be dropping several products belonging to PepsiCo.

China’s Shein and Temu are two large e-commerce app companies, with thousands of smaller Chinese vendors and factories on their platforms.

As the luxury brand industry slows, companies are now looking for ways to get rid of their increasing surplus of excess inventory.

It looks like the steady stream of profits enjoyed by many luxury brands is starting to slow down.

Tapestry, owner of Coach, is planning a prospective takeover of Capri Holdings, owner of the more affordably priced label Michael Kors.

Rolex, the Swiss luxury watch titan, has announced its acquisition of the renowned watch retailer, Bucherer.

As Americans continue to buy the necessities of life, while also looking for the best deals, Walmart sales and profits continue to grow.

Over the past couple of months, several substantial fashion labels have reported significant declines in their wholesale profits.

Gucci is launching new plans in order to keep business rolling in the current state of the economic climate and continuing customer fatigue.