A slew of fashion labels and jewelers caught up in Saks Global’s bankruptcy are refusing to ship new merchandise to stores — ...

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 “slowing down but not collapsing,” according to a Bain & Co. consultancy study released Thursday. Personal luxury goods sales that eroded to 364 billion euros ...

Max Kahn, president of Coresight Research, also says the aspirational segment of the luxury market in China is starting to do ...

The Chinese luxury market is expected to turnaround this year, but Western brands can't afford to be complacent, analysts ...

PARIS/NEW YORK (Reuters) -Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but they face a delicate balancing act as already weak consumer demand tests their ...

PARIS — In the wake of the Trump administration’s “extreme” tariffs and “looming stagflation,” Bernstein on Monday cut its 2025 growth estimate for global luxury goods to minus 2 percent from up 5 ...

NEW YORK — 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 ...

To receive the Vogue Business China Edit, sign up here. Glance at luxury goods sales on a map and one might assume that China’s demand for luxury is relatively modest, accounting for just 9 per cent ...