Even though both countries have 1.4-billion strong populations, mainland China has more than 60 Louis Vuitton stores while ...

The federal government is preparing to expand the list of luxury goods and levy a higher tax on them in the upcoming Budget ...

The global luxury market contracted for the first time in 15 years in 2024, with "aspirational" consumers tightening their ...

Even in economic downturns, Black founders are reshaping what it means to thrive in luxury markets, proving that resilience ...

Burberry’s turnaround efforts come as the entire industry is seeing a shrinking consumer base. Rivals LVMH, which owns Louis ...

MILAN/PARIS (Reuters) - Sales of luxury goods worldwide are likely to fall between 2% and 5% this year, consultancy Bain & Co ...