Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...

Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...

Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...

LVMH took the first spot in the world's top 100 luxury goods companies for 2020 and Chinese brand Chow Tai Fook Jewelry Group ranked 10th, according to a recent report by Deloitte, a global ...

Investing in Luxury A handbag that sells for over $10 million. Sounds absurd, until you realise that’s exactly what happened ...

Loro Piana is the fifth luxury brand implicated in Italy's crackdown on unethical subcontracting, revealing systemic issues ...

Sales in the luxury cluster, which includes vintage cars and fine jewelry, rose 29 percent to $468 million, with growth ...

The rich are becoming more selective in their spending but some luxuries are still considered essential, new data shows.

Normal goods experience an increase in demand and price with a rise in a consumer's income and a decrease if income falls.

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