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.

This peaked in the wake of the COVID-19 pandemic as ultra-high-net-worth and aspirational consumers amassed excess cash to spend on luxury goods. But the golden days of luxury shopping in China ...

And with inflation going down and prices that average people pay for everyday quality goods and services on a (modest) decline, what difference does a potential luxury goods recession make for the ...