Luxury Goods Luxury Brands Adjust Strategies to Appeal to Aspirational Consumers by Giezel Garcia 02/25/2025
Luxury Goods Ferragamo Experiences 4% Decrease in Fourth Quarter Sales, but North America Shines 01/30/2025
Luxury Goods Luxury Consignment Market Sees Growth Driven by Increased Secondhand Purchases The RealReal, an online luxury resale marketplace, has reported a 13% year-over-year increase in consignment revenue in its first-quarter... by Daisy D. 05/07/2024
Luxury Goods Luxury Brands Navigate Trade Tensions During Xi Jinping’s Visit to France During Chinese President Xi Jinping's visit to France, concerns arise among luxury brands regarding trade tensions between the European... by Daisy D. 05/07/2024
Luxury Goods Luxury Goods Sector Flourishes in China The growth of China's luxury goods market has seen notable contributions from French luxury conglomerate LVMH. Analysts observe a... by Daisy D. 05/06/2024
Luxury Goods TikTok Expands Offerings to Include Luxury Shopping Options TikTok has recently introduced a new feature, the TikTok Shop, which includes luxury accessories among its offerings. This move... by Daisy D. 05/02/2024
Luxury Goods Luxury Brands Expanding into the Restaurant Industry In a bid to enhance consumer experiences, luxury brands are venturing into the restaurant world, creating unique dining destinations... by Daisy D. 05/01/2024
Luxury Goods China’s Consumer Trends Shift towards Secondhand Luxury Goods In recent times, there has been a noticeable uptick in secondhand shopping, including for luxury brands, reflecting evolving attitudes... by Daisy D. 05/01/2024
Luxury Goods Luxury Market Projected to Reach $269 Billion by 2028 Despite Current Challenges The global luxury market, while currently experiencing a slowdown in the wake of post-pandemic fluctuations, is expected to regain... by Daisy D. 04/29/2024
Luxury Goods Luxury Industry Faces Continued Challenges in Q1 The luxury sector experienced ongoing slowdowns in the first quarter of the fiscal year, with notable challenges persisting in... by Daisy D. 04/30/2024
Luxury Goods LVMH Succession Planning: Ensuring Stability and Adaptability in Luxury Leadership In the world of luxury and heritage brands, maintaining continuity through succession planning is crucial. This has recently been... by Daisy D. 04/29/2024
Luxury Goods Luxury Fashion Brands Enter the Beauty Industry Amidst Increasing Competition The luxury makeup market has shown remarkable growth post-pandemic, defying economic challenges. According to Circana, the US market surged... by Daisy D. 04/28/2024