While Millennials indulge actively in luxury experiences – 54% spent on experiences in the past year – luxury goods take precedence, with 63% purchasing luxury goods. And 51% of Millennials ...

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 ...

Amid President Trump's trade war, tariffs are leading to higher prices, which is causing a slump in luxury sales of apparel ...

Getting Luxury Goods Online 4 minute read Thomas K. Grose/London June 23, 2008 12:00 AM EDT ...

During the Great Recession of 2008 to 2009, for example, the luxury goods market lost 9% of its overall value. Subscribe to the Daily newsletter.

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 ...

He points to the example of Hainan, which has been built into a major duty-free hub largely due to the acknowledgement from policymakers that luxury spending in China is good for the country.

It might be a good time to find opportunities related to luxury leather goods with the Kering brand, as it clocks in at the second-largest luxury group based on revenue. Despite its popular ...

Bain reports the luxury goods market declined from 1%-3% in 1Q24 and advises its time for brands to "rethink" the value equation. In other words, innovation is needed.

Luxury goods owned by politicians have been perceived — and criticized — as symbols of corruption and moral decay at least since the Stoics began rejecting material wealth. Especially if the ...

The luxury industry faces another lost year, according to a new report from Bain & Co. and Altagamma, the Italian luxury association. But investors are being too gloomy on top-end goods.