Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 ...

The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid ...

Burberry is rejuvenating its brand by emphasizing classic outerwear over leather goods, with innovations like 'scarf bars' in ...

Global luxury goods sales are projected to decline in 2025 for the first time since the 2008 recession, according to a Bain ...

Shoppers aren’t imagining it: Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more deep-seated problem than some brands will admit.

Revenue in the Luxury Fashion market amounts to US$34.96bn in 2024. The market is expected to grow annually by 2.98% (CAGR 2024-2029). In global comparison, most revenue is generated in the United ...