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luxury goods

Luxury Goods Sector Takes a Hit in Asia

July will not be remembered as a month where shoppers lavished themselves with luxury goods. Iconic…

Luxury Goods Market to Slacken; Prada Projects Modest Growth

A symptom of an enfeebled luxury good market, Italian retailer Prada expects weakened sales growth this year…

Buying Binge Forecast For Luxury Buyers

A 20 percent increase in global spending by luxury consumers has been forecast for 2020, according to a…

Neiman Marcus Poised For Credit Downgrade

In anticipation of a potential downgrade, both Moody’s Investors Service and Standard & Poor’s are…

Asia Gets Swanky, Conquers Luxury Market

Especially given the shifting sands of the Chinese economy, the Asian garment industry is continually…

Why “Off Price” is Right On the Mark

Big ticket retailers like JC Penney’s and Sears share two patches of common ground this fiscal year: both…

Luxury E-Tail Grows in China, But Distribution Can’t Keep Up

With $190 billion in online sales last year, there’s no denying that e-commerce is big in…