Luxury Goods Market Faces First Decline As 50 Million Customers Disappear
Global sales of personal luxury goods are forecast to shrink for the first time since the Great Recession and potential ...
Global luxury sales to fall 2% in 2024, among weakest years on record, Bain says
Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and ...
Luxury Hits A Wall. What’s Going On And What’s Next?
But the more your customer base is comprised of the merely affluent—rather than the uber wealthy—and you sell products that are not nearly so strongly coveted (see virtually every accessible luxury ...
City A.M.4h
Do luxury products have a pricing problem?
According to HSBC, the average price of personal luxury goods in Europe has increased by an eye-watering 52 per cent since ...
Heard on the Street: Luxury Customers Get Less Bag for Their Buck
Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more ...
The Orient Express is plotting a comeback as the ultra-rich ditch luxury brands for travel
La Dolce Vita sleeper trains mark the Orient Express's return, capitalizing on the growing demand for luxury travel ...
Taiwan News7h
SENSER Luxury E-commerce Platform Marks Good Start in the U.S. with Orders Exceeding Set Target
The thriving U.S. luxury market continues to attract more competitors. Among them, a leading global SENSER luxury e-commerce platform ( , has recently announced its official entry into the U.S.
Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid ...
Study says global luxury goods market will shrink in 2025; Trump tariffs could make it worse
Global luxury goods sales are projected to decline in 2025 for the first time since the 2008 recession, according to a Bain ...
Business Times4h
Global luxury sales to fall 2% in 2024, among weakest years on record: Bain
SALES of personal luxury goods are set to fall 2 per cent this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry’s customer base, ...