As the luxury market shows signs of slowing down, luxury companies are adopting new strategies to retain consumer desire. With aspiring consumers increasingly priced out of the high end luxury market, ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Gucci is celebrating the 70th anniversary of its iconic ...
Two of the world's biggest luxury brands may be sitting on a whopping €4.7 billion worth of unsold goods (around $5.1 billion at the current exchange rate). That's enough to make even the most ...
Economic uncertainty, global unrest and shifting cultural trends and attitudes are weighing on the luxury sector and putting pressure on brands, according to a new report from Bain & Company and ...
Luxury brands may not be as insulated as they might think, and it’s crucial to be proactive about cultivating resilience in the face of potential economic downturns. The Fast Company Executive Board ...
More than ever, high-end brands want you to know exactly how, and where, their goods are made. They are producing enormous glossy coffee table books showing white-coated workers hand-stitching ...
While luxury brands in beverage have been highly successful, luxury food brands are, as of yet, less prominent. What foods have the potential to be luxurious? Luxury brands are on the rise. According ...
Luxury resale platforms are growing faster than the primary market, forcing major fashion houses to rethink how they win back customers, according to The Wall Street Journal’s “Heard on the Street” ...
For luxury brands trying to win back shoppers, secondhand sellers have become a potential nuisance. Demand for used luxury is stronger than for new goods at the moment. The RealReal, the world’s ...