Aspirational buyers could save luxury brands from losing more ground
Luxury brands hiked up their prices about 20% between 2021 and 2023, steering off middle-income shoppers facing financial ...
Trump tariffs would test pricing power of Europe's luxury goods makers
European luxury goods makers say they could draw on pricing power to offset the cost of any tariffs imposed by U.S. President ...
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Comment | Plunging sale sales see shine come off luxury goods at auction
Personal luxury goods ranging from diamonds to sneakers have proved helpful supplementary revenue spinners for the auction ...
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Seoul busts hidden shop selling fake luxury goods to foreigners
Two South Koreans were arrested for selling counterfeit luxury items to foreigners at a hidden store in Myeong-dong, Seoul.
China’s wealthy shoppers have a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
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Africa's luxury goods markets emerges as a powerhouse
“With traditional luxury markets facing stagnation, Africa has become a critical market to watch. The continent’s affluent ...
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Trump tariffs would test pricing power of Europe's luxury goods makers
PARIS (Reuters) - European luxury goods makers say they could draw on pricing power to offset the cost of any tariffs imposed by U.S. President Donald Trump, but analysts say some brands may have ...