Sales during the first half rose in all markets but decelerated significantly in Japan as the company confronts soft demand ...

By Mimosa Spencer and Sami Marshak PARIS/NEW YORK (Reuters) -Luxury goods companies were spared their worst case scenario in ...

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.

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

LVMH shares rebounded as investors bet that relief is in sight for the luxury goods titan after another quarter of declining ...

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 ...

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 ...

The government has officially shelved its plan to introduce a high-value goods tax (HVGT), more than two years after it was ...

The Oliver Wyman study says only 11 percent of casual luxury shoppers are planning on spending more on high-end goods—a 15 ...