Thailand’s booming luxury market is about to go into overdrive with the opening of a $3.2 billion upscale shopping district in the capital’s diplomatic quarter. …
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Luxury
Global Luxury Sales to Fall 2% in 2024, Bain Says
Sales of personal luxury goods are set to fall 2 percent this year, making it one of the weakest on record, with price hikes and …
Ralph Lauren Raises Outlook, Bucking Broader Luxury Slowdown
Ralph Lauren Corp. raised its outlook for the year, citing strong sales in Europe and Asia and expectations for a solid holiday shopping season. The …
Exclusive: Next Launches Luxury E-Commerce Site ‘Seasons’
UK retail giant Next has launched Seasons, a contemporary fashion and luxury e-commerce site. The launch comes less than a year after the collapse of …
Luxury Slowdown Could Last Longer Than Previous Crises, Chanel Watches and Jewellery President Warns
The biggest challenge for the luxury sector today is not the general macroeconomic context or the weakness of key markets like China, but customer fatigue …
The Next Chapter of Swarovski’s ‘Pop Luxury’ Turnaround
Ariana Grande has released three platinum singles this year, hosted “Saturday Night Live” and been gearing up for the November premiere of the film adaptation …
How Grand Seiko Is Seizing Japan’s Luxury Shopping Moment
While the Swiss watch industry is battered by the global luxury downturn, one Japanese watchmaking company is reporting an uptick in sales. According to its …
Is Zimmerli Luxury? Unveiling the True Status of Switzerland’s Finest Underwear
Zimmerli of Switzerland, a name whispered in exclusive circles, has long been associated with the pinnacle of underwear craftsmanship. But in a world where the …
Hermès Faces Slowest Quarter in Years as Luxury Woes Spread
Hermès, traditionally resilient in the face of challenges weighing down its luxury peers, will probably show the impact of the industry slowdown in its third-quarter …
The Debrief | How Dupe Culture is Challenging Traditional Luxury
The author has shared a Podcast.You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: …
China’s Booming Grey Markets Add Woes to Luxury Brands
China’s second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to …
The Truth of Turnbull & Asser Shirts – Worth Every Penny or Overpriced Luxury?
Turnbull & Asser, a paragon of sartorial excellence, has been crafting shirts for the discerning gentleman since 1885. With a clientele that has included Sir …
5 Reasons Why Anderson & Sheppard Outshines Other Luxury Tailors
In the rarefied world of bespoke tailoring, Anderson & Sheppard is a colossus with a reputation of sartorial excellence forged over a century. Founded in …
Luxury Skincare Line Révive Acquired by Chinese Firm S’Young Group
Révive has a new owner. The ultra-luxury skincare line founded by Dr. Gregory Brown in 1997 has been acquired for an undisclosed amount by Chinese …
This Week: Has Luxury Hit Bottom?
Not so long ago, reporting quarterly results was a cheerful affair for publicly-traded luxury brands. Despite hefty price hikes, sales were up 10, 20, even …
Used Luxury Watch Prices Stabilise, Boosted by Patek Philippe
Prices for used luxury watches rose modestly last month, led by Patek Philippe, as the market continues to stabilise after two-and-a-half years of decline. The …
Op-Ed | LVMH Is in the Luxury Driver’s Seat With F1 Deal
Bernard Arnault is firmly in the luxury industry’s driver’s seat with LVMH Moet Hennessy Louis Vuitton SE’s sponsorship of Formula One motor racing. The company’s …
How to Choose the Perfect Luxury Suit for any Occasion
Choosing a luxury suit involves more than just selecting a fabric and color. Understanding fit, style, and occasion can help you make an informed decision. …
Kering Stock Rating Cut to ‘Sell’ as Goldman Doubts Luxury Rally
Last week’s China-fuelled rally in luxury-goods stocks is based on unstable foundations, according to Goldman Sachs Group Inc. analysts. Stimulus measures announced by the economic …
Central Group Acquires Swiss Luxury Chain Globus
Central Group took control of Swiss luxury department store chain Globus from Rene Benko’s insolvent Signa group, the latest transfer from the Austrian financier’s retail …