A growing number of shoppers are questioning the value of luxury goods, as videos criticizing the poor quality of high-end ...
Luxury resale has shifted from niche hobby to a global market where handbags and watches trade like blue-chip stocks. From ...
When New York-based model and influencer Wisdom Kaye went shopping at the Italian fashion label Miu Miu and returned home with a haul of clothes he says he spent $18,000 on, he didn't expect some of ...
After a global impulse buying spree sparked by the COVID-19 pandemic, the luxury retail market appears to be getting a reality check. MyTheresa, a designer goods resale merchant, told the Wall Street ...
Global sales of personal luxury goods are “slowing down but not collapsing,” according to a Bain & Co. consultancy study released Thursday. Personal luxury goods sales that eroded to 364 billion euros ...
Luxury groups pushed through sharp price rises in the post-pandemic sales boom. Prices on many products are between 1.5 and 1 ...
Luxury goods market faces a potential 5% drop, its worst downturn since 2009 (excluding 2020). Consumers, disillusioned by post-pandemic price hikes and stagnant creativity, are detaching from brands.
Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. The outlook could worsen if ...
Americans are getting a tantalizing deal on luxury goods in Paris and Milan these days. The companies that make them have little reason to end it. U.S. tourists have been spending heavily in designer ...
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May 2, 2019 at 1:00 PM EDT By Glenn Taylor “It’s a completely different customer mindset than 15 years ago,” said Lee Peterson, EVP of Thought Leadership and Marketing at WD Partners in an interview ...
Luxury goods sales just went from dip to rip. After plunging due to the global health crisis, the personal luxury goods market returned to pre-pandemic growth in 2021, with sales estimated to top 283 ...