Armani Group reports revenue drop

Armani Group, which owns its luxury brands Giorgio Armani, Emporio Armani and Armani Exchange, has reported a 5% drop in revenue year on year for 2024, as the luxury slowdown persists.

Discount retailer opens on Las Vegas Strip

A discount store from retailer Macy’s has opened on the Las Vegas Strip. Macy’s Backstage offers discounted prices on the big box store’s traditional merchandise. The new store at Fashion Show offers …