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Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...
From Dior’s Close Friends sneak peek to LV DMing show photos, this men’s fashion week, brands got personal on Instagram.
Luxury designer brands are becoming thriftier. As consignment shopping thrives during the coronavirus-driven e-commerce boom and consumer demand shifts toward sustainability, high-end labels are ...
The top luxury brand in the world is Louis Vuitton, with a $32.223 billion brand valuation and 14% year-over-year growth. In addition, Gucci was noted as being the fastest growing luxury brand in ...
The popularity of unconventional luxury brand collaborations with young adult Chinese consumers opens potential opportunities for local producers of high end goods.
Gen Z could account for nearly a third of luxury purchases by 2030, Bain reports. Yet, after COVID-19, many brands neglected younger consumers to focus on the uber-wealthy. Experts say they must ...
After a year of sweatshops scares, steep price hikes and a brewing trade war, luxury brands are working hard to rebuild trust through storytelling that emphasizes craft and heritage.
Luxury brands hiked up their prices about 20% between 2021 and 2023, steering off middle-income shoppers facing financial pressure.
While a ‘mass premium’ brand is a brand with a slightly higher price point and a perception of quality attached – think Lindt in food – a luxury brand is more rarefied. Luxury brands in the beverage ...
Luxury Brands’ New Snag? Handbag Arbitrage. It is cheaper to buy designer goods in Europe than in China, and resellers profit from the gap. Posh labels find it hard to crack down. By .
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