luxury goods
Armani Company in Judicial Administration Following Sweatshop Investigation
An Italian court concluded that it was indirectly subcontracting production to Chinese-owned companies that…
Luxury Goods Market in Flux: Brands Must Adapt to Survive, Says Kearney Expert
In a recent report, Kearney warned that "stability" is a thing of the past for the luxury market and that…
Farfetch Still Dreams of Luxury Dominance Under New Owner Coupang
Farfetch's new owner Coupang gave a hint of what's to come for the online platform in its year-end conference…
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José Neves Steps Down as Farfetch CEO
Neves, who launched Farfetch in 2008, is stepping down amid a slew of corporate changes and the exit of…
Ralph Lauren Beats Q3 Estimates, Continues to Elevate Positioning
The company raised its average unit retail prices in DTC by 9 percent in the quarter, on top of a 10 percent…
Chanel Wins Legal Dispute With What Goes Around Comes Around
Chanel had taken the reseller What Goes Around Comes Around to court over allegedly selling counterfeit…
New Study Reveals Benefits of 3D Printing Production for Footwear, Luxury Goods
A study by AMGATA, Stratasys and others found that additive manufacturing has notable eco benefits for…
NYPD Arrests 18 in $35 Million Counterfeit Bust
Law enforcement seized truckloads of fake handbags and more from an open-air counterfeit market on Canal St…
American Consumerism Stalls as Chinese Luxury Spending Recovers
Luxury firms can expect the pullback by American shoppers to be offset by stronger spending from Mainland…
CBP’s $638K Bust Nabbed Counterfeit Gucci Socks and More Luxury Frauds
The fakes shipped from Thailand to Indiana ripped off Louis Vuitton, Versace, Gucci, Dior, Rolex and Patek…
CBP Seizes 3 Hong Kong Shipments Brimming With Luxury Fakes
U.S. Customs and Border Protection seized over 3,000 counterfeits worth more than $3 million in two separate…
Washington Officials Sentence ‘Robin Hood’ Who Sold ‘Illegal’ Luxury Counterfeits
Suneva Allen's "Keepin Up With Kara" business made over $40,000 from selling counterfeit luxury goods.
How Fendi’s $3,290 Baguette Bags Get Made
The LVMH-owned luxury label is giving the public three days to see the inner workings at its factories…
Alibaba’s Luxury Platform Making Metaverse Into ‘Commercial Reality’
From virtual fashion shows to AR experiences, the platform continues attracting global luxury brands.
Russia: Biden Bans Luxury Exports, Vodka Imports
Biden signed an executive order that will end exports of luxury items, such as watches, vehicles and apparel…