Study says global luxury goods market will shrink in 2025

Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and ...
Global sales of personal luxury goods are forecast to shrink for the first time since the Great Recession and potential ...
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 ...
According to HSBC, the average price of personal luxury goods in Europe has increased by an eye-watering 52 per cent ...
Luxury goods cost a lot more these days, with no improvement in quality to make up for it. Weak sales look like a more ...
La Dolce Vita sleeper trains mark the Orient Express's return, capitalizing on the growing demand for luxury travel ...
The thriving U.S. luxury market continues to attract more competitors. Among them, a leading global SENSER luxury e-commerce platform ( , has recently announced its official entry into the U.S.
In the run-up to the holiday season, Hypebeast’s annual Gift Guide returns with a curation of fashion, tech, and lifestyle ...
SALES of personal luxury goods are set to fall 2 per cent this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry’s customer base, ...
Up to 130 high-value luxury and designer goods, seized by the Criminal Assets Bureau from suspected gangsters, are to be ...