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Wholesale Industry and Market News

Is London no longer a top luxury shopping destination?

Is London no longer a top luxury shopping destination?

Tourists from America and Asia can now get a new Louis Vuitton bag for a much better deal in Paris or Milan than they can in London.


Is footwear wholesaling making a trendy comeback?

Is footwear wholesaling making a trendy comeback?

Cutting out wholesalers comes with a set of drawbacks, and it seems that companies are starting to realize and make changes accordingly.


Significant retail discounts on iPhones in China

Significant retail discounts on iPhones in China

Third-party sellers are knocking off as much as 10% on Apple’s iPhone 14 Pro in China at the moment, top cope with downturns in the demand.


Estée Lauder pushes for new beauty lines

Estée Lauder pushes for new beauty lines

Kering, the owner of the luxury brands Gucci, Alexander McQueen, and others, reached out to Estée Lauder to head up a new beauty division.


Bestway Wholesale further increases its stake in Sainsbury’s

Bestway Wholesale further increases its stake in Sainsbury’s

Bestway Wholesale Ltd. has officially increased its ownership stakes in the UK’s second-largest supermarket chain Sainsbury’s.


Louis Vuitton still reading the Chinese market

Louis Vuitton still reading the Chinese market

After Covid-19 lockdown, China now plays a larger role than ever in the success or failure of luxury brands such as Louis Vuitton.


Superdry profits cut as wholesale slump continues

Superdry profits cut as wholesale slump continues

Superdry clothes manufacturer’s wholesale business revenue has dipped by almost 60% in the past two months.


Why wholesale prices of eggs increased by 60%

Why wholesale prices of eggs increased by 60%

Avian flu and inflation costs cripple the egg supply. The wholesale price of eggs continues to skyrocket due to the deadly avian flu that has been ravishing poultry farms…


CHEF’STORE opens another wholesale store in California

CHEF’STORE opens another wholesale store in California

US Foods CHEF’STORE has just launched its 17th store in California, bringing its total to over 80 stores across 13 states.


LMVH announced leadership changes for Louis Vuitton and Dior

LMVH announced leadership changes for Louis Vuitton and Dior

Luxury goods company LVMH Moët Hennessy Louis Vuitton has announced leadership changes at flagship brands Louis Vuitton and Christian Dior.