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Old fashion: Vintage boom buoys RealReal and jolts luxury labels

PARIS/NEW YORK (Reuters) – Second-hand fashion, once confined to thrift stores, is outstripping sales growth in the primary luxury goods sector, helping market leader The RealReal expand its business and prompting international labels to look at tie-ups. Sales... More »

Mercedes-Benz gives luxury coupe a spin ahead of California show

FRANKFURT Mercedes-Benz gave a sneak preview of a new ultra luxury coupe on Thursday in a sign that Daimler is continuing its push upmarket to turn up the heat on BMW, which owns the Rolls-Royce car brand. A tweet from the @MercedesBenz account teased a photog... More »