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Luxury

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.

Jon Buscemi’s Bespoke Golf Business, Redan, Launching Apparel Collection

The exclusive, members-only site has created luxury knitwear, jackets and accessories for men.

Fast Fashion, Resale Rise While Luxury Falls, According to Spending Report

So far in 2025, spend growth for apparel, luxury goods and department stores has lagged behind overall U.S…

‘Nationalist Narratives’ Seen as Risk to Luxury Goods

Equity analysts at Bernstein describe a "deglobalizing world" amid rising trade and geopolitical tensions.

Burt Tansky, Giant in Luxury Retail, Dies at 87

A merchant's merchant who loved walking the stores, Tansky early in his career worked in middle-market…

Brunello Cucinelli Closes 2024 With Double-digit Growth, Confirms Ambitious 2030 Revenue Goals

The luxury company reported gains in sales and profitability, driven by a strong global retail and wholesale…

Despite Growth in 2024, Hugo Boss Midterm Goal Unlikely Anytime Soon

The German menswear specialist had aimed to have sales of 5 billion euros by 2025. But growth of 3 percent in…

Ferragamo Stands Firm on Maximilian Davis and Strategy Despite Sales Dip, Leadership Change

Chairman Leonardo Ferragamo reiterated his family's commitment to the company and to creative director…

High Earners Are Not Prioritizing Luxury Goods, According to HSBC Report

According to a report by the bank, only 44 percent of those earning over 100,000 pounds a year believe that…

Swiss Watches Exports Returned to Growth in January

The 4.1 percent increase was driven by pricing in the high-end segment and for precious-metal watches.

The Beauty Sandwich Kicks Off New York Residency

Celebrity facialist Iván Pol is setting up shop in the Mandarin Oriental Residences, Fifth Avenue.

Betzábe González on Finding Inspiration in Her Mexican Culture, Working With an All-Female Team and Opening Doors for More Latina Designers: Women Who Rock

The founder of Betzábe discussed her brand at the FN x Two Ten Women Who Rock event on Feb. 4.

EXCLUSIVE: How Germany’s Quiet Luxury Brand Marc Cain Seeks to Grow in the U.S.

The 51-year-old brand is striving to raise brand awareness in the States and attract buyers from upscale…