Many renowned brands offer these entry-level luxury sedans for much less than the average new car sells for, and some of ...

Luxury brands have lost about 50 million customers in two years. Secondhand websites and lower-price competitors are ...

Luxury brands hiked up their prices about 20% between 2021 and 2023, steering off middle-income shoppers facing financial pressure.

This was CNBC's live blog covering European markets. European market closed lower Wednesday, with chip stocks and luxury goods leading losses following sales warnings. The pan-European Stoxx 600 ...

The United States is the second-largest luxury market, following Europe, worth about 100 billion euros ($106 billion), or nearly one-third of all global high-end sales of apparel, leather goods ...

Louis Vuitton owner LVMH, the world's largest luxury-goods company, reported lower third-quarter revenue that missed market estimates, the latest sign of a global slowdown in demand that is ...

Manhattan’s luxury market continued its lackadaisical performance in the third quarter, but a new burst of high-end contracts signed could signal a rebound, according to third quarter data ...

The luxury apparel-and-accessories company reported a bigger profit and a jump in revenue, citing higher prices and lower cotton costs. It also said will raise prices more than previously planned ...