In Reaganomics, the habits of conspicuous consumption trickled down to the middle class, generating broad retail and ...

There is a bifurcation in the American economy between higher- and lower-income consumers. The latter are being left behind.

The Birkin indicator is a benchmark for the demand and resale value of the Hermès Birkin handbag, a status symbol coveted by ...

The global luxury goods industry is likely to sell 3% to 5% more next year after stagnating in 2025, but years of aggressive ...

Manufacturers of watches, machines and precision instruments are among sectors hit hardest by the 39% levy Read more at The ...

Swiss watch exports fell for a third month as US President Donald Trump’s trade tariffs continued to weigh on the industry.

Bargain-hunting Americans clicked their way through Thanksgiving, spending $8.6 billion online so far on Black Friday, as ...

US shoppers spent $8.6 billion online this Black Friday, a notable increase from last year. Despite expected heavy footfall ...

Three months. That’s how long it took Swiss watchmaker Grovana to restart exports to the US when Donald Trump hit the country ...

Bain said next year's growth will be driven by continued momentum in the United States, resilient local demand in Europe and ...

The global luxury goods sector, long defined by rising prices, booming demand and an aura of exclusivity, is entering a ...