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

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 ...

Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the ...

(Reuters) -Swiss luxury group Richemont reported a 6% rise in quarterly sales on Wednesday, lifted by strong demand for ...