News

Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...
LVMH and Kering are expected to report another drop in quarterly sales, deepening investor worries about a prolonged downturn ...
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.
More than ever, high-end brands want you to know exactly how, and where, their goods are made. They are producing enormous glossy coffee table books showing white-coated workers hand-stitching ...
Luxury brands could be facing their biggest setback in 15 years, according to a report published by Bain & Company and Italian luxury goods industry association Altagamma on Thursday. In addition ...
Luxury brands can try to coax more cash from local Europeans. But the region’s shoppers aren’t in an indulgent mood. “The European economy has been stagnant for years versus China and the U ...
Louis Vuitton's latest Shanghai store is not your average luxury flagship. The 30-meter-high, ship-shaped store, "The Louis", is billed as an experience, and houses an exhibition space and cafe in ...