Heard on the Street: Luxury Customers Get Less Bag for Their Buck
Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more ...
Luxury Hits A Wall. What’s Going On And What’s Next?
A few weeks back, industry leader LVMH started things off with a surprising sales drop. Rival luxe conglomerate Kering Group, owner of Gucci, followed up a week later with a 16% sales decrease and a ...
Has Luxury Lost Its Shine?
Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more ...
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These Luxury Goods Last Forever (And Will Help You Save Money)
A truly savvy shopper knows when it's worth it to invest in luxury goods. After all, buying an investment piece saves you ...
Capri sales drop 16% as Versace and Michael Kors hit by weak demand for luxury goods
Led by a sizeable drop in sales for both Versace and Michael Kors, Capri (NYSE:CPRI) reported worse-than-expected results for ...
Access10d
These Luxury Items Are Designed To Last, So You’re Basically Saving Money
The products featured in this article are from brands available in NBCUniversal Checkout. Access Hollywood makes a commission ...
MoneyWeek13d
Shares in luxury goods companies take a hit – will they recover?
Shares in luxury goods companies have slumped after LVMH, which owns Moët & Chandon and Dior, reported an unexpectedly steep ...
The Motley Fool2d
Capri's Sales, Income Slump in Fiscal Q2
Revenue fell by 16.4% year over year to $1.08 billion amid lower global demand for luxury goods. Adjusted operating margin ...
Travel + Leisure on MSN2d
This Is the No. 1 Country to Travel to For Luxury Shopping — and You Can Get 22% Back in Cash
If you think traveling to buy a bag seems silly, consider this: the global luxury handbag market was valued at over $30 ...
voguebusiness1d
Richemont sales slip 1% as demand slumps in China
The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...
Presenting Hypebeast’s 2024 Gift Guide: Montblanc’s Luxury Goods Kick Off Week One
In the run-up to the holiday season, Hypebeast’s annual Gift Guide returns with a curation of fashion, tech, and lifestyle ...