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.
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 ...
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 ...
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday. Global economic uncertainty and ...
The art industry still has meaningful ground to cover in responding to behavioral shifts among HNW individuals that adjacent industries are already navigating.
Luxury goods sales just went from dip to rip. 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 ...
U.S. Luxury Goods Market · GlobeNewswire Inc. Dublin, Nov. 26, 2025 (GLOBE NEWSWIRE) -- The "United States Luxury Goods Market Report by Product Type, Distribution Channel, End User, States and ...
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 ...