Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says
Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and ...
Luxury Goods Market Faces First Decline As 50 Million Customers Disappear
Global sales of personal luxury goods are forecast to shrink for the first time since the Great Recession and potential ...
Luxury Hits A Wall. What’s Going On And What’s Next?
But the more your customer base is comprised of the merely affluent—rather than the uber wealthy—and you sell products that are not nearly so strongly coveted (see virtually every accessible luxury ...
City A.M.16h
Do luxury products have a pricing problem?
According to HSBC, the average price of personal luxury goods in Europe has increased by an eye-watering 52 per cent ...
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 ...
The Orient Express is plotting a comeback as the ultra-rich ditch luxury brands for travel
La Dolce Vita sleeper trains mark the Orient Express's return, capitalizing on the growing demand for luxury travel ...
Taiwan News19h
SENSER Luxury E-commerce Platform Marks Good Start in the U.S. with Orders Exceeding Set Target
The thriving U.S. luxury market continues to attract more competitors. Among them, a leading global SENSER luxury e-commerce platform ( , has recently announced its official entry into the U.S.
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 ...
Business Times17h
Global luxury sales to fall 2% in 2024, among weakest years on record: Bain
SALES of personal luxury goods are set to fall 2 per cent this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry’s customer base, ...
Hosted on MSN23h
High value and designer goods seized by CAB from suspected gangsters to be auctioned off
Up to 130 high-value luxury and designer goods, seized by the Criminal Assets Bureau from suspected gangsters, are to be ...