Trendy shoe brands such as Hoka, On and Birkenstock are taking a page out of luxury’s playbook.
As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage and preppy core products.
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players ...
While you can find good mattress sales on most holiday weekends, Black Friday and Cyber Monday mattress deals tend to be the ...
Heard on the Street: Consumers of luxury goods want to see an improvement in quality before they pay $9,000 for a sweater.
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 ...
In an ever changing and unpredictable world, classic American design and timeless heritage have won out, judging by some ...
Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...
Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more ...
Cartier owner Richemont said weaker consumer spending in China hurt sales, particularly at its watch brands, as a luxury downturn that is hurting most players in the industry rumbles on.
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consumer confidence and slowing growth takes a toll.