Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...

Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this ...

Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...

Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...

After plunging due to the global health crisis, the personal luxury goods market returned to pre-pandemic growth in 2021, with sales estimated to top 283 billion euros ($325 billion) by year-end ...

Luxury goods can sometimes hedge against inflation when they appreciate in value, but there are probably better options. Published: Aug. 28, 2023 at 5:03 a.m. ET Share ...

Luxury spending decreased less than feared in May, but it’s too early to say that upper-income consumers have reached a ...

MISSOURI — Among 13 different measures that Governor Mike Kehoe signed into law last week, one eliminates the luxury tax on ...