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Luxury retail was expected to stage a turnaround in 2025 after a promising fourth quarter marked by holiday shopping and post ...
Luxury consumers, disillusioned by recent price hikes and stagnant creativity, are pulling back on purchases, leading to a 5% drop in the luxury goods market.
After a year of sweatshops scares, steep price hikes and a brewing trade war, luxury brands are working hard to rebuild trust through storytelling that emphasizes craft and heritage.
Global sales of personal luxury goods are projected to slide by 2% to 5% this year. That's according to a study by Bain & Co.
The luxury conglomerate, whose brands include Tiffany, Dior and Celine, said AI will be key to both operational efficiency ...
While the luxury goods sector is complex, it also offers opportunities for those willing to navigate its nuances. In the words of Warren Buffett, “Price is what you pay.Value is what you get.” ...
While high-profile luxury store closures in mainland China have prompted speculation of brands lessening investment in a ...
Luxury goods can sometimes hedge against inflation when they appreciate in value, but there are probably better options. Published: Aug. 28, 2023 at 5:03 a.m. ET Share ...
Dame Powell, owner of “Dame” Luxury Leather Goods, got his start a few years ago when he applied his graphic design skills to screenprinting t-shirts. Before long, he began to examine the way ...
According to Bain, the country's personal luxury goods market increased from 29 billion euros ($31.4 billion) in 2023 — a 27% increase from the year before at constant exchange rates.