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

Loro Piana is the fifth luxury brand implicated in Italy's crackdown on unethical subcontracting, revealing systemic issues ...

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 ...

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

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

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

After a year of sweatshops scares, steep price hikes and a brewing trade war, luxury brands are working hard to rebuild trust through storytelling that emphasizes craft and heritage.

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

MILAN, June 23, 2023 /PRNewswire/ -- The personal luxury goods market posted a record year in 2022, reaching a market value of €345 billion, despite geopolitical tensions and macroeconomic ...

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 ...