Luxury goods market faces a potential 5% drop, its worst downturn since 2009 (excluding 2020). Consumers, disillusioned by post-pandemic price hikes and stagnant creativity, are detaching from brands.
Industry leaders gathered to discuss the transformative forces, highlighting the importance of creativity, authenticity, and ...
The global secondhand luxury market is projected to reach $360 billion by 2030, up from $210 billion currently. Trust and verification are becoming central to the secondhand luxury experience. Online ...
On May 28, 2026, Xiaohongshu hosted its "Worth Every Glance" Luxury Summit in Shanghai, bringing together more than 100 ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Signet Jewelers just reported year-end earnings and it was ...
While the luxury goods sector is complex, it also offers opportunities for those willing to navigate its nuances. In the words of Warren Buffett, “Price is what you pay. Value is what you get.” ...
After years of runaway demand and record-breaking sales, the luxury housing market remains remarkably resilient, but is starting to show signs of exhaustion. Nationwide, high-end home sales dipped 0.7 ...
Luxury companies look like a rabbit caught in the headlights. The market for secondhand luxury goods is approaching a tipping point, but many brands can’t decide which way to jump. Last year, the ...
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