luxury goods
Outlook Darkens for Europe’s Luxury Sector
Three banks downgraded LVMH in recent weeks, citing "incremental headwinds" and some brand-specific issues.
Lafayette 148’s Deirdre Quinn Speaks Out About the U.S.-China Tariff Situation Threatening Her Business
Tariffs on her collection that she imports from China have gone from $2 million to $33 million.
Authentic Luxury Group Eyeing John Elliott Acquisition: Sources
The California-based luxury streetwear designer has reportedly been experiencing financial issues and closed…
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Luxury Goods Sector to Shrink 2% in Wake of Tariff Turmoil: Bernstein
The bank had initially estimated 5 percent growth, but it now foresees a global recession.
Kearney Global Luxury Industry Outlook Reveals Key Trends Shaping the Future of the Market
Kearney's Nora Kleinewillinghoefer and Brian Ehrig break down the findings of the company's annual report.
Luxury Shares Drop, Price Hikes Loom in Wake of Trump Tariffs
Citi expects all brands to implement price increases in the U.S. by a single-digit percentage in coming weeks.
Saks Survey Sees Luxury Consumers Ready to Party, Most Spending the Same or More On Holiday Gifts
Findings from the Saks Luxury Pulse survey puts some optimism into the outlook for the months despite…
Bain, Altagamma See Luxury Growth Slowing Down
The elevation of prices and macroeconomic uncertainties, including China's lackluster performance, are…
Mike Ashley’s Frasers Group Launches Takeover Bid for Mulberry
Ashley, who first made a run at Mulberry in late 2020, is making a cash offer worth 83 million pounds for the…
Entrupy Reveals Top Brands and Trends in Luxury Counterfeiting of 2023
Entrupy's annual State of the Fake report shows increasing counterfeiting trends across the globe as dupe…
Kering Net Profit Falls 50% in First Half
Organic sales at Gucci were down 19 percent in the second quarter, below market expectations.
LVMH Net Profit Falls 14% as China Slowdown Weighs
Organic revenues in the key fashion and leather goods division were up 1 percent in the second quarter.
Nearly $2 Million in Counterfeits Seized in Palm Beach Stores
Knockoff Chanel, Tiffany & Co., Van Cleef & Arpels and Bottega Veneta goods were found by investigators…
Frasers Group Buys Back Matches’ Intellectual Property
Frasers Group has repurchased the intellectual property belonging to luxury retailer Matches, and wants…
CEO Nick Beighton Out at Matches
Beighton's appointment as a director at Matches has been terminated, according to Companies House, the…