Luxury, once deemed immune to market shifts, faces a reality check post-Covid. Surging prices spark consumer doubts on social ...

Luxury executives are more bearish about the industry because of tariffs and a changing appetite for high-end goods, the ...

Winning back shoppers and reviving the luxury-goods industry’s sales will depend in part on ditching the plain, understated ...

Few look to Walmart for the latest in haute couture, but the low-cost retailer now wants to be a destination for Gucci, Dior ...

Since the beginning of 2024, the global market has slowed down after four years of growth. Manufacturers are cutting their ...

Jalen Lasalle, 20, of Hartford, received a sentencing of 10 years in prison, followed by three years of supervised release, ...

The luxury sector is facing slowing sales this year as its growth-driving engines have stalled, especially in China, The Wall Street Journal reports.  That’s according to The State of Luxury report by ...

The Olympic medals, which were designed by Chaumet, a luxury jewellery and watch maker and part of the LVMH group, are ...

Explore how the luxury goods industry is evolving post-pandemic, with insights into market leaders like Richemont, Hermes, ...

Luxury goods are the opposite of necessities. They're high-end products that consumers want but don't need. They're also distinct from commodity products (such as bananas or gasoline) that are not ...

Richemont , the owner of Cartier jewellery, on Thursday fuelled hopes of a revival for the beaten down luxury goods industry, ...

European stocks rose to hit their highest level in a month on Thursday as heavyweight luxury companies were boosted by buoyant sales from Swiss group Richemont. The broad-based Stoxx 600 index rose 0.