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Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this ...
Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...
Julius Baer's latest Global Wealth and Lifestyle Report found Dubai, Bangkok, and Tokyo are rising fast as new luxury hubs.
Fear stalks the luxury goods industry, but a fightback is currently being led by LVMH and the other names - hinting that it may be time to start bargain shopping for luxury goods shares.
Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...
Luxury spending decreased less than feared in May, but it’s too early to say that upper-income consumers have reached a ...
Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...
Luxury goods can sometimes hedge against inflation when they appreciate in value, but there are probably better options. Published: Aug. 28, 2023 at 5:03 a.m. ET Share ...