As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage ...
With a rapidly growing middle class and affluent consumers, China stands as one of the largest markets for luxury goods.
China’s high-end consumers have had a tighter grip on their wallets this year, with study from Bain & Company showing less ...
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid ...
Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and ...
Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players ...
An icon in the shape of a lightning bolt. Impact Link The days of European carmakers dominating China's luxury vehicle market ...
Cartier jewellery owner Richemont reported a dip in quarterly sales on Friday, as the luxury goods group largely offset ...
Manolo Blahnik, the high-end shoe brand with many celebrity fans and often worn in the TV hit "Sex and the City", has opened ...
But the more your customer base is comprised of the merely affluent—rather than the uber wealthy—and you sell products that are not nearly so strongly coveted (see virtually every accessible luxury ...