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

The Alphabet model will also help Google make even more acquisitions than it already does. The company is extremely acquisitive, having acquired more than 180 brands , but now it is likely to buy ...

If you had $1,000 to spend on tech products or items from luxury brands, which would you buy? It's looking like the consumer has spoken. While tech giants like Microsoft Corp, Alphabet Inc, and ...

The total luxury market will reach $1.65 trillion (€1,508 billion) this year, including automobiles, experiences, wines and spirits, home furnishings and art.

Luxury designer brands are becoming thriftier. As consignment shopping thrives during the coronavirus-driven e-commerce boom and consumer demand shifts toward sustainability, high-end labels are ...

Across demographics, overall engagement with luxury brands has declined since 2022. The research shows brand-related searches are down for more than 40% of brands, social media follower growth has ...

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.

Many luxury brands typically employ independent factories around the world to make their garments, though a growing number, including Chanel, Brunello Cucinelli and Burberry, ...