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 ...

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

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

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

(Reuters) -Swiss luxury group Richemont reported a 6% rise in quarterly sales on Wednesday, lifted by strong demand for ...

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

Luxury spending decreased less than feared in May, but it’s too early to say that upper-income consumers have reached a ...

Luxury goods can sometimes hedge against inflation when they appreciate in value, but there are probably better options. Published: Aug. 28, 2023 at 5:03 a.m. ET Share ...