The Destructive and Relentless Takeover of the Luxury Brand Intensifies
The luxury market is under siege. Counterfeits, fraudulent goods, and supply chain manipulation are no longer just nuisances-they are an existential threat to brands that have spent decades, even ...
Trump's tariffs, a new ordeal for the luxury goods industry
The US is the leading market for luxury brands, the leading purchaser of French cosmetics and women's fashion, and ranks ...
Kering’s Shares Drop After Appointment of Demna as Gucci’s New Artistic Director
The French luxury-goods company named Demna Gvasalia as the new artistic director of its flagship label Gucci, as the group ...
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Champagne now, cars next? How European automakers are responding to tariff threats on luxury goods
Just this morning, another maker of luxury goods — Ferrari (RACE) — said it will have to respond to the tariff threat. After all, the wealthy don’t like to waste money either. “We are ...
Ministry seizes fake luxury brand goods worth over RM30,000
The Penang Domestic Trade and Cost of Living Ministry seized various counterfeit luxury brand goods worth RM36,642 in a raid ...
Trump’s Last-minute Tariff Changes Rattle Luxury Shares
Luxury shares across the U.K. and the European continent were down in the double digits after U.S. President Trump ...
Axe tourist tax to draw in luxury goods shoppers from the US, retailers tell Chancellor
Renewed calls for the reform are coming from the tailor to King Charles and representatives of the major retailers.