The global retail market is predicted to grow 2% to 4% this year, with the luxury segment leading growth in recent years, ...
Luxury brands are making a calculated pivot from exclusivity toward strategic accessibility, leveraging the universal appeal ...
Yet, the brands still exist because their ultimate goal is to continuously train new generations to fall in love with luxury. But now it appears that some luxury brands have forgotten that aim.
Wealth-seeking consumers must court luxury brands to convince them to grant the coveted and privileged access to specific ...
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 ...