Global sales of personal luxury goods are “slowing down but not collapsing,” according to a Bain & Co. consultancy study released Thursday. Personal luxury goods sales that eroded to 364 billion euros ...
Executives for high-end brands worry that a prolonged war will hurt sales in a city important to the future of the luxury ...
Luxury bags, fine watches and jewellery are increasingly seen as alternative assets – but can they really hold their value? In this fourth instalment of the CNA Women money series, experts look at the ...
Luxury goods market faces a potential 5% drop, its worst downturn since 2009 (excluding 2020). Consumers, disillusioned by post-pandemic price hikes and stagnant creativity, are detaching from brands.
PARIS/NEW YORK (Reuters) -Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate balancing act as already weak consumer demand tests their ...
To receive the Vogue Business China Edit, sign up here. Glance at luxury goods sales on a map and one might assume that China’s demand for luxury is relatively modest, accounting for just 9 per cent ...
Luxury retail was expected to stage a turnaround in 2025 after a promising fourth quarter marked by holiday shopping and post-election euphoria. Instead, U.S. credit card spending on luxury goods fell ...