Global sales of personal luxury goods are “slowing down but not collapsing,” according to a Bain & Co. consultancy study released Thursday. Personal luxury goods sales that eroded to 364 billion euros ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Luxury goods market faces a potential 5% drop, its worst ...

There is a divide in the luxury industry today. Economic uncertainty has people spending less on fancy things, like high ...

The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis this year, as macroeconomic uncertainty and a pronounced slowdown in China weigh on consumer ...

The luxury jewelry market has experienced a significant shift as accessible premium brands gain a broader market share. This ...

The luxury resale market is positioned for significant growth over the next five years. Younger consumers, sustainability ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. MILAN (AP) — Global sales of personal luxury ...

MILAN — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. The outlook could ...

MILAN (AP) — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. The outlook ...