Luxury fashion experts say brands should focus their marketing on collaboration, craftsmanship, and experiences to succeed ...
A sharp hike in the price of luxury goods in recent years has cost some brands a key group of customers. About 50 million customers were sidelined from the luxury goods market by 2024 as prices ...
The top design job at luxury brands is starting to look like the career of a star athlete: well paid but often brutally short. That isn’t a very healthy sign for the industry. Fashion ...
Here's what we found out. The following comparisons are based on reliability ratings, maintenance costs, and recalls in order to determine whether luxury brands are inherently more dependable than ...
In the retail world, luxury is not only about price -- it's about exclusivity. The harder it is to obtain an item, the ...
Demand in the West remains weak, while recovery in Chinese consumption is faltering. Luxury brands are grappling with accelerating cost increases, impacting their margins. Despite the challenges ...
They are now choosing to spend their money in new ways. Chinese consumers were once the crown jewel of customers for luxury brands. But fashion houses like LVMH and Kering have fallen out of favor ...
Cancel anytime. CLAYTON— Shoe manufacturer Caleres announced Wednesday that it intends to acquire luxury footwear brand Stuart Weitzman for $105 million. New York City-based Stuart Weitzman is ...
As such, today’s luxury stores don’t just sell products: They are event spaces where consumers immerse themselves in the brand rather than simply handing over their credit cards. Successful ...