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.

Global sales of personal luxury goods are “slowing down but not collapsing,” according to a Bain & Co. consultancy study released Thursday. Personal luxury goods sales that eroded to 364 billion euros ...

After a global impulse buying spree sparked by the COVID-19 pandemic, the luxury retail market appears to be getting a reality check. MyTheresa, a designer goods resale merchant, told the Wall Street ...

Optimism is building that a second-half rally in Europe’s luxury-goods sector can extend into the new year as signs point to ...

Indian tourists are top spenders on luxury goods in Singapore, defying global trends. Discover why Singapore is a luxury ...

Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. The outlook could worsen if ...

What makes a luxury product? Justifying the breathtaking prices of top-tier consumer goods usually comes down to some sort of exclusivity. Luxury items are often made out of rare, expensive or ...

Americans are getting a tantalizing deal on luxury goods in Paris and Milan these days. The companies that make them have little reason to end it. U.S. tourists have been spending heavily in designer ...

Indian tourists drive luxury spending surge in Singapore.Longer stays boost high-end retail and experiences.Singapore defies ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Brands in the luxury goods sector gave a collective sigh of ...

A man was arrested for selling counterfeit goods in Dolphin Mall's parking lot; over 90 items were seized, and the suspect ...