In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the...
French luxury retailer LVMH on Tuesday (July 26) reported 21% organic sales growth in the first half of 2022, despite rising concerns about increasing inflation...
British luxury fashion brand Burberry is closing its flagship store in Hong Kong in a move that marks the latest in big-name fashion brands that...
Diesel founder Renzo Rosso told Financial Times he envisions his Italian luxury fashion empire, including sister brands Jil Sander and Marni, as one that’s modeled...
Not only are consumers being scared off from buying luxury watches as the cryptocurrency market continues to crater, but it’s becoming harder to find those...
The meltdown in cryptocurrency prices and the resulting depletion of perceived wealth have taken a toll on the sellers of some old-tech luxury items —...
Hopes for a near-term turnaround in the battered home furnishing category were dashed Wednesday evening (June 29), after high-end retailer RH told investors it expects...
After a year of sparse shelves, rampant out-of-stocks and a strained holiday season that saw seasonal sales pulled back to Halloween, it is understandable that...