Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...

Fear stalks the luxury goods industry, but a fightback is currently being led by LVMH and the other names - hinting that it may be time to start bargain shopping for luxury goods shares.

Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...

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

(Reuters) -Swiss luxury group Richemont reported a 6% rise in quarterly sales on Wednesday, lifted by strong demand for ...

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 ...

MISSOURI — Among 13 different measures that Governor Mike Kehoe signed into law last week, one eliminates the luxury tax on ...

Luxury goods can sometimes hedge against inflation when they appreciate in value, but there are probably better options. Published: Aug. 28, 2023 at 5:03 a.m. ET Share ...

Luxury spending decreased less than feared in May, but it’s too early to say that upper-income consumers have reached a ...

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