Evolution of Luxury: How Affluent Millennials Redefine Status Symbols by Raxer X. 08/05/2023 As affluent millennials approach their 40s, they are redefining luxury by focusing on new priorities such as homes,...
Ant Group Collaborates with DFS for Luxury Travel Retail by Raxer X. 08/02/2023 Ant Group, the operator of Alipay, has entered into a partnership with DFS Group, a Hong Kong-based luxury...
Lush Executives Receive £5m in Bonuses Amid £5.1m Government Support by Raxer X. 07/30/2023 According to The Guardian, Lush executives were granted £5 million in bonuses in the previous fiscal year, coinciding...
The Sustainability Challenge in the Luxury Industry by Raxer X. 07/28/2023 The luxury industry is facing a unique conundrum as it continues to thrive despite global crises, economic downturns,...
Allegations Surrounding Cosette’s Sale of Luxury Goods Under Scrutiny by Raxer X. 07/28/2023 The luxury outlet store, Cosette, is currently under investigation following claims that it has been selling counterfeit designer...
Kering Faces Changes Following Executive Reorganization by Raxer X. 07/21/2023 Kering, the prominent French luxury goods company renowned for its ownership of prestigious brands like Balenciaga, Alexander McQueen,...
Koreans Embrace “Quiet Luxury” and Secondhand Designer Items in Changing Economy by Raxer X. 07/18/2023 South Korea's consumers are adapting to the evolving economic landscape by showing a continued interest in premium fashion,...
The Toyota Innova: A Surprising Choice for the Discerning Consumer by Raxer X. 07/14/2023 In recent times, a noticeable shift has occurred among the upper class in their choice of personal transportation,...
Watches of Switzerland Reports Strong Financial Performance in 2023 by Raxer X. 07/13/2023 Watches of Switzerland (WOSG), the United Kingdom's largest luxury watch retailer, has experienced a notable upturn in its...
Three Key Trends Impacting the Global Luxury Goods Market in 2023 by Raxer X. 07/07/2023 The evolving economic landscape is reshaping the short-term outlook for the luxury goods market. Factors like consumer activism,...
Advancements in Traceability Technologies Bolster Security Against Counterfeit Pharmaceuticals 03/20/2024