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luxury market

Q2 Was Luxury’s Worst-Ever Quarter, Bain Says

The consulting firm also revealed when it expects the luxury retail sector to experience a full recovery.

Generation Z and China Will Take Luxury Fashion Market Where it’s Headed, Bain Says

Luxury fashion is poised for growth, and both the Gen Z cohort and Chinese consumers in particular, will…

Dealing with the Highs and Lows of Luxury

Despite its glamorous image, the high end of fashion has been taking it a bit on the chin lately. Enough so…

Luxury Brands Optimistic About US Spending

Luxury industry insiders are optimistic about 2015, a new report from Wealth-X reveals. Despite sharply lower…

Global Expansion Key to Michael Kors Growth Plans

While many American brands are merely dipping their toes into the murky waters of international markets, the…

Under Armour Appoints Neiman Marcus Head to Its Board of Directors

The line between luxury and sport continue to be blurred. Athletic footwear and apparel wunderkind Under…

Chinese Windowshop at Home, Buy Luxe Goods Overseas

Western luxury brands may have cornered the market for copious consumption and status in China for the past…

Burberry Expects Currency Fluctuations to Take Bite Out of Profits

Burberry Group, a UK-based luxury clothing company, announced that it expects its profits to be hurt by…

China’s Luxury Market Stung By Exiting Millionaires

China is a world leader in exports in yet another category: the super-rich.  And the trend is growing…