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Julius Baer's latest Global Wealth and Lifestyle Report found Dubai, Bangkok, and Tokyo are rising fast as new luxury hubs.
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Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this ...
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.
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ARTnews on MSNJapanese CEO of Luxury Goods Trading Platform Revealed as Buyer of $10 M. Birkin BagShinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...
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 is out of fashion. The sector is facing a perfect storm. Chinese spending, the industry’s growth engine for so long, ...
Luxury goods market faces a potential 5% drop, its worst downturn since 2009 (excluding 2020). Consumers, disillusioned by post-pandemic price hikes and stagnant creativity, are detaching from brands.
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 ...
MILAN, June 23, 2023 /PRNewswire/ -- The personal luxury goods market posted a record year in 2022, reaching a market value of €345 billion, despite geopolitical tensions and macroeconomic ...
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