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

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 ...

Dow, Brivaplast, and TecnoGi are joining forces to repurpose high-quality materials and support sustainable practices across ...

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, ...

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

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

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 ...

Watches of Switzerland and Burberry’s share prices climbed after Cartier-owner Richemont posted booming sales.

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.

Winning them back and reviving the luxury-goods industry's sales, BofA analysts said Thursday, will depend in part on ditching the plain, understated tones of the "quiet luxury" trend.