News

Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...
Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...
Loro Piana is the fifth luxury brand implicated in Italy's crackdown on unethical subcontracting, revealing systemic issues ...
Sales in the luxury cluster, which includes vintage cars and fine jewelry, rose 29 percent to $468 million, with growth ...
Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...
Investing in Luxury A handbag that sells for over $10 million. Sounds absurd, until you realise that’s exactly what happened ...
After a year of sweatshops scares, steep price hikes and a brewing trade war, luxury brands are working hard to rebuild trust through storytelling that emphasizes craft and heritage.
(Reuters) -Swiss luxury group Richemont reported a 6% rise in quarterly sales on Wednesday, lifted by strong demand for ...
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 ...
Jewelry has proven to be a bright spot, consistently outperforming other categories like leather goods and ready-to-wear.