Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 ...

The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid ...

Sellier's Belgravia shop was broken into with thieves stealing over £500,000 worth of designer goods, including highly ...

Shoppers aren’t imagining it: Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more deep-seated problem than some brands will admit.

This peaked in the wake of the COVID-19 pandemic as ultra-high-net-worth and aspirational consumers amassed excess cash to spend on luxury goods. But the golden days of luxury shopping in China ...

And with inflation going down and prices that average people pay for everyday quality goods and services on a (modest) decline, what difference does a potential luxury goods recession make for the ...

The luxury goods sector is experiencing a champagne hangover. After years of insane growth in China, notably in 2022 and 2023, manufacturers of handbags, scarves and perfumes faced a drop in sales ...

The owner of the Louis Vuitton and Dior brands has fallen about 18 per cent so far this year as global demand for luxury goods has softened. Other luxury stocks also lost ground, with Cartier ...