Luxurygoods


Study: Footwear to become Fastest Growing Luxury Business

Luxury Footwear

London--Although consumers may be more cautious about spending on higher priced items, one classification is growing faster than … [Read more...]

Study: Luxury Brands Embrace E-Commerce but a Decade Late?

eluxury

Stevens, PA—While some luxury apparel and accessories brands have recently begun e-commerce initiatives for the first time, a new … [Read more...]

Burberry 1st Quarter Sales Up 24%

Burberry storefront

LONDON--Burberry Group Plc got off to a strong start to its financial year. The 154-year-old luxury goods company--famous for its … [Read more...]

Mastercard Index Reports Modest June Sales

The SpendingPulse June report found luxurygoods sales fell 3.9% as stock market fluctuations caused affluent consumers to hold back on their spending

Purchase, NY—In its monthly report on consumer spending at retail, MasterCard Advisors’ SpendingPulse reports that sales increased … [Read more...]

China: The Largest Luxurygoods Mkt by 2015

Chinese consumers

Beijing--China is set to become the world's largest market for luxury goods in five years after overtaking the United States for … [Read more...]

Study: Fewer Luxury Shoppers but Spent More

Luxury Shoppers

Stevens, PA--Fewer affluent consumers bought luxury clothing, fashion accessories and jewelry last year, according to new … [Read more...]

Report: Mass Market to Lose Out as Buying Patterns Shift

Mass Market

Polarization within the fashion retail market will lead to a decline of the mass market sector by 2016, a new report by just-style … [Read more...]

BaselWorld: Sparkling at the End of the Tunnel

Ruthenium silver and gemstone pendant from Rodney Rayner

Facing a more austere consumer, the world’s leading jewelry and watch brands aim for forward-fashion styling while keeping … [Read more...]

Tiffany’s Q1 Earnings Up 22%

Tiffany blue box

New York--Tiffany & Co.'s first-quarter earnings more than doubled further fueling indications that mainstream as well as … [Read more...]

Prada Reports 1st Quarter Revenues Above Expectations

Prada logo

Milan—With virtually all its main markets reporting sales increases, Prada posted this week a 26% increase in its first quarter … [Read more...]

Burberry Upbeat On 23% Full-Year Hike

Burberry storefront

London--Burberry is planning further international expansion after posting a full-year pre-tax profit of $310 million, up 23% on … [Read more...]

Study: Luxury Consumers Seek Good Investment from Fashion Brands

Talbots catalog

Stevens, PA—Fashion brands with merchandise that proves to be a "good investment" may have the upper hand in getting inside luxury … [Read more...]