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.

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 ...

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 ...

A debate over the source of luxury goods has taken TikTok by storm after Chinese manufacturers jumped on the app to ‘lift the veil’ on luxury production. According to multiple hugely popular videos on ...

European-made designer bags, imported furniture, French wines, cars and electronics are among the products expected to rise in price. By Alesandra Dubin If you purchase an independently reviewed ...

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Shortly after the presidential election, conspiracy theories took off on social media, and not just of ...

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 ...

The luxury goods of the world’s richest people like Elon Musk or Mark Zuckerberg are aspirational, but probably out of reach for the average shopper’s income level. However, in a world where the ...

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 ...

For years, conspicuous branding ruled the luxury retail market of South Africa. Big logos signalled success and belonging.

Russian customs returns confirm Brunello Cucinelli goods shipped directly from the EU are overwhelmingly below the €300 limit ...

INDIANAPOLIS (WISH) — Cheap “designer goods” are taking TikTok by storm, but one expert warns potential customers that they might not be getting what they are sold. John Talbott is a marketing ...