In its annual luxury goods research for 2014 — conducted in collaboration with Italy's Fondazione Altagamma — the consulting firm reports that growth is slower than it has been before, but it's also on a sustainable upward trajectory. Not a bad thing.
The crisis in Ukraine, demonstrations in Hong Kong, a military coup in Thailand along with record cold in North America and declining consumer confidence in Europe all have slowed the pace of luxury goods purchases, said senior partner Claudia D'Arpizio.
The bourbon revival is part of a craving for luxury goods, all things American, especially from the South, along with a DIY appreciation for craft businesses, and a desire for richer-tasting liquor — small-batch gin, rye and bourbon. (Contrary to myth …
We reported earlier in the summer that the fashion designer Karen Millen had succeeded in an action for infringement of unregistered Community design right against the retailer Dunnes. Intellectual property disputes involving retailers and fashion are …
Men and women will enjoy gorgeous suits, jackets, coats, pants, trousers, shoes, ties and the like, all the way to a nice collection of home decor and unique items. Hello Again is not just new items but welcomes consignment that fall under some pretty …
In a year when most luxury items saw price decreases in majority of the Asian markets tracked, the classic Christian Louboutin pump held its ground. Average prices in local currency are up by one-third from last year. Bucking the trend is education …
The Wall Street Journal reports the five identity thieves stole the information between April to August 2014 to buy items from Saks and re-sell them on the black market. According to Manhattan District Attorney Cyrus Vance, the people were charged in a …
Sales of pre-owned luxury goods are soaring as online marketplaces including the RealReal and Paris-based Vestiaire Collective allow brand-obsessed consumers to recycle their fancy clothes and purchase more for less. The market for secondhand luxury …
Global sales of personal luxury items from handbags to watches will rise 2 percent to 223 billion euros ($282 billion), Bain estimated in a report today. That would be the weakest growth since sales fell five years ago. Revenue will rise 5 percent when …