Luxury executives are more bearish about the industry because of tariffs and a changing appetite for high-end goods, the ...

As legendary department store Macy's enters its 167th year in business, the retailer has struggled with internal accounting ...

According to a Barclays report, Americans are expected to spend more on luxury goods this year, buoyed by the promise of tax ...

A contestant on a dating show faced backlash after being photographed with a counterfeit handbag. In response, they admitted ...

Diamond certification titan, WGI has announced a landmark deal that marks a new era for the $100 Billion diamond industry and ...

In 2025, the price has to be right. To weather the slowdown, luxury brands need to rethink their price and product strategies ...

MILAN (Reuters) -LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working ...

The luxury sector is facing slowing sales this year as its growth-driving engines have stalled, especially in China, The Wall Street Journal reports.  That’s according to The State of Luxury report by ...

The luxury sector faces a significant slowdown this year as its growth-driving engines have stalled, especially in China.

In contrast, Canada imposes a uniform 5 per cent GST on most goods and services. Singapore has a uniform GST of 9 per cent.

The company said it benefits from ultra-high net worth clients, who continued to indulge in luxury shopping even as a tough ...

Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive, Moscow's most well-off shoppers are still spoilt for choice when it comes ...