News

Fear stalks the luxury goods industry, but a fightback is currently being led by LVMH and the other names - hinting that it may be time to start bargain shopping for luxury goods shares.
Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...
Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...
Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...
Investing in Luxury A handbag that sells for over $10 million. Sounds absurd, until you realise that’s exactly what happened ...
(Reuters) -Swiss luxury group Richemont reported a 6% rise in quarterly sales on Wednesday, lifted by strong demand for ...
After plunging due to the global health crisis, the personal luxury goods market returned to pre-pandemic growth in 2021, with sales estimated to top 283 billion euros ($325 billion) by year-end ...
Luxury spending decreased less than feared in May, but it’s too early to say that upper-income consumers have reached a ...
Luxury goods can sometimes hedge against inflation when they appreciate in value, but there are probably better options. Published: Aug. 28, 2023 at 5:03 a.m. ET Share ...
Normal goods experience an increase in demand and price with a rise in a consumer's income and a decrease if income falls.