News

Switzerland is home to some of the world's most famous watch, chocolate, pharmaceutical and precision instrument brands in ...
Sales during the first half rose in all markets but decelerated significantly in Japan as the company confronts soft demand ...
Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate ...
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.
The global market for perfumes and handbags faces mounting challenges, as European exports to the US will be subject to a 15% ...
Amid President Trump's trade war, tariffs are leading to higher prices, which is causing a slump in luxury sales of apparel ...
Gen Z alone accounted for about 43 percent of India’s total consumer spending, with their direct expenditures reaching around ...
LVMH shares rebounded as investors bet that relief is in sight for the luxury goods titan after another quarter of declining ...
She further questioned whether the Madani Government’s rhetoric on taxing the wealthy was genuine or merely performative.
Famed French fashion brand Louis Vuitton faces a money laundering probe in the Netherlands over cash purchases made by a ...
Julius Baer's latest Global Wealth and Lifestyle Report found Dubai, Bangkok, and Tokyo are rising fast as new luxury hubs.
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 ...