Luxurygoods


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...]

Polo Ralph Lauren Eyes Growth as Quarter Surges 153%

Polo Ralph Lauren logo

New York--Polo Ralph Lauren Corporation said Wednesday it is planning "aggressive" growth of its business both in international … [Read more...]

Luxury Study: Fewer but More Affluent Consumers

Luxury Shoppers

Stevens, PA—In its annual report on the state of the luxury market released today, Unity Marketing found that the actual number of … [Read more...]

Hermes Posts 1st Quarter Sales Boost

Hermes Birkin

Paris--Hermès International posted first quarter sales Thursday that were the largest of any luxurygoods quarterly reports so far. … [Read more...]

Luxury Marketers May Face Leaner Second Quarter

Cartier store, Fifth Avenue, New York

Stevens, PA--Unity Marketing's Luxury Consumption Index (LCI) fells 9.3 points in April as affluent consumers focus on saving, … [Read more...]

PPR’S 1st Quarter Increases 1.3%

Sales in PPR's Gucci brand watches increased 36% in the first quarter.

Paris--French retail and luxury group PPR (PRTP.PA) posted a 1.3% growth, its first increase after five consecutive quarters of … [Read more...]

Luxury Groups Back New EU Online Restrictions

European Union

Brussels--New European Commission rules which could restrict the sale of luxury goods online have been backed by groups including … [Read more...]