Luxury consumers, disillusioned by recent price hikes and stagnant creativity, are pulling back on purchases, leading to a 5% ...

Personal luxury goods sales that eroded to 364 billion euros ($419 billion) in 2024 are projected to slide by another 2% to 5 ...

The consultancy firm has revised its forecast for the personal luxury goods market this year, now outlining three possible ...

The luxury industry faces another lost year, according to a new report from Bain & Co. and Altagamma, the Italian luxury ...

Bain & Co's latest luxury sector report found growth slowed particularly in the personal goods sector last year—the first ...

Personal luxury goods sales that eroded to 364 billion euros ($419 billion) in 2024 are projected to slide by another 2% to 5% this year, the study said, citing threats of U.S. tariffs and ...

Spending on luxury travel experiences could help offset the industry's slowdown and generate demand from Gen Z, according to ...

As many as one in eight Australians have bought counterfeit designer goods from China, new research from Finder has revealed.

New South Wales police have charged three men for allegedly profiting at least $10 million from the sale of fake luxury goods ...

The concept of Industry 5.0 presents a transformative opportunity for industries to recalibrate their focus, aligning ...

A major investigation has exposed a high-end counterfeit luxury goods scheme involving luxury cars like Lamborghinis and fake ...

The luxury conglomerate, whose brands include Tiffany, Dior and Celine, said AI will be key to both operational efficiency and better customer retention in a tougher market.