By charging more, the industry is inadvertently encouraging its shoppers to buy from cheaper rivals and the resale market.

Bain reports the luxury goods market retreated 2% in 2024. While recovery is expected next year, evidence in this year's data ...

The Criminal Assets Bureau is auctioning off over 130 high value, luxury and designer goods which it seized from criminals ...

As luxury brands expand in India, their fakes are available in big and small markets as well as on social media.

At a cavernous underground store near Shanghai’s Hongqiao airport, shoppers peruse aisles stacked with goods from some of the ...

Luxury brands have lost about 50 million customers in the past two years, while secondhand businesses and lower-price competitors are seeing upticks in their sales, The Wall Street Journal reports. ...

Japanese shoppers are snapping up designer goods, fueled by rising wages and a strong stock market. What that means for LVMH, ...

Flat growth and a lack of support from younger customers may mean the sector won’t recover until 2030, according to a new ...

Indian entrepreneurs remain optimistic about wealth growth, with 98% confident in their prospects, heavily investing 61% in luxury real estate, 56% in goods, and 44% in experiences, surpassing global ...

Santo Domingo.- Authorities in New York have arrested a Dominican man and woman accused of leading a criminal network that ...

Bernard Arnault, CEO of French luxury conglomerate LVMH that owns Louis Vuitton, Moët Hennessy and Dior, is one of the ...