Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on ...
Luxury executives are more bearish about the industry because of tariffs and a changing appetite for high-end goods, the ...
Hermes is a luxury brand known for their beautiful creations like the Kelly and Birkin bags. But now knockoffs are taking the ...
As legendary department store Macy's enters its 167th year in business, the retailer has struggled with internal accounting ...
After the boom in demand following the peak of the pandemic, the luxury industry slipped into a downward trend, as high-end shoppers--particularly those less affluent--have become more frugal in light ...
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 ...
In 2025, the price has to be right. To weather the slowdown, luxury brands need to rethink their price and product strategies ...
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags ...
In the U.S., the counterfeit market is estimated at $872 million, Entrupy’s State of the Fake report highlights the growing ...
The luxury sector faces a significant slowdown this year as its growth-driving engines have stalled, especially in China.
Rolls-Royce ( BMW.DE) CEO Chris Brownridge, like many other importers, is wary of President-elect Donald Trump's plans to ...