The global luxury goods market is forecast to shrink in 2025. Trump's tariffs could make it worse
Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 ...
The Star7d
Second-hand goods satisfy luxury cravings
Good quality: Shoppers looking at bags in a ZZER second-hand goods store in Shanghai. The number people selling luxury items like bags and watches to raise cash, as well as those out to source ...
Hosted on MSN23d
China's booming grey markets add woes to luxury brands
SHANGHAI (Reuters) - China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for cheaper ways to ...
Japan Today10d
Luxury reimagined: How the Japanese second-hand market is changing the game
If Japan isn't on your luxury shopping radar, it might be the perfect time to reconsider. You may be surprised to learn how ...
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 ...
Has luxury lost its shine?
Luxury brands are so-called Veblen goods: a category of consumer products that inverts the usual laws of economics. Instead of crimping demand when prices rise, luxury goods can become more ...
Honolulu Star-Advertiser24d
China’s booming gray markets add woes to luxury brands
China’s second-hand and gray markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for cheaper ways to buy them, deepening ...
The Boston Globe1d
A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse.
MILAN (AP) — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great ...