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

As prom send-off season is in full swing, the event before the dance is increasingly becoming the big focus for high school ...

Chanel’s profits dropped a third last year as the privately held French luxury house defended its aggressive price rises in ...

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

The income tax department has issued two notifications specifying the list of luxury goods on which tax will be collected at source (TCS) from the buyer. The TCS will be levied on the purchase of ...

The Income Tax Department releases some frequently asked questions (FAQs) on which are the list of specified goods on which ...

Federal agents raided Dutti Fashion in Milwaukee, seizing items potentially linked to counterfeit luxury goods.

Sales of designer merchandise thrive under specific conditions that are still lacking in markets like India.

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 ...

A former Chinese takeaway owner who bought luxury goods from Apple and Burberry instead of paying his tax bill has been sentenced. Zhang Jin Chen, aged 51, owed HMRC more than £43,000 when he bought ...

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