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 ...

Investing in Luxury A handbag that sells for over $10 million. Sounds absurd, until you realise that’s exactly what happened ...

Sales in the luxury cluster, which includes vintage cars and fine jewelry, rose 29 percent to $468 million, with growth ...

Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...

After plunging due to the global health crisis, the personal luxury goods market returned to pre-pandemic growth in 2021, with sales estimated to top 283 billion euros ($325 billion) by year-end ...

The rich are becoming more selective in their spending but some luxuries are still considered essential, new data shows.

Normal goods experience an increase in demand and price with a rise in a consumer's income and a decrease if income falls.

Jewelry has proven to be a bright spot, consistently outperforming other categories like leather goods and ready-to-wear.