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 ...

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

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. ...

“You need to constantly meet consumers at a new angle and surprise and delight them," an equity analyst told Fortune.

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

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

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

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

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

Discover how cutting-edge technology is reshaping the luxury sector. From AI to smart wearables, learn how these innovations ...