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Luxury

Brunello Cucinelli Posts Growth in Q1, Cites Solid Upward Trend in April

The Solomeo, Italy-based company maintained its revenue growth forecast of about 10 percent for 2025 and 2026…

LVMH Shares Slip 7.8% After Q1 Sales Miss

The 2 percent decline had a dampening effect on other European luxury players, who saw their shares ease on…

LVMH Touts ‘Resilience’ as Q1 Sales Dip 2%

The French luxury group said reported sales declined 4 percent in its linchpin fashion and leather goods…

Skorr Skin Plots Retail Moves With Moda Operandi

The brand was founded by Dr. Anetta Reszko late last year and is planning further product expansions as well.

Chris Prescott Launches Luxury and Entertainment Consultancy C.P.C.

The firm counts Stella McCartney, Miu Miu, Harrods, Sky Cinema and Gordon Ramsay Restaurants as its clients.

Luxury Goods Sector to Shrink 2% in Wake of Tariff Turmoil: Bernstein

The bank had initially estimated 5 percent growth, but it now foresees a global recession.

Kearney Global Luxury Industry Outlook Reveals Key Trends Shaping the Future of the Market

Kearney's Nora Kleinewillinghoefer and Brian Ehrig break down the findings of the company's annual report.

Luxury Shares Drop, Price Hikes Loom in Wake of Trump Tariffs

Citi expects all brands to implement price increases in the U.S. by a single-digit percentage in coming weeks.

Jon Buscemi’s Bespoke Golf Business, Redan, Launching Apparel Collection

The exclusive, members-only site has created luxury knitwear, jackets and accessories for men.

Fast Fashion, Resale Rise While Luxury Falls, According to Spending Report

So far in 2025, spend growth for apparel, luxury goods and department stores has lagged behind overall U.S…

‘Nationalist Narratives’ Seen as Risk to Luxury Goods

Equity analysts at Bernstein describe a "deglobalizing world" amid rising trade and geopolitical tensions.

Burt Tansky, Giant in Luxury Retail, Dies at 87

A merchant's merchant who loved walking the stores, Tansky early in his career worked in middle-market…

Brunello Cucinelli Closes 2024 With Double-digit Growth, Confirms Ambitious 2030 Revenue Goals

The luxury company reported gains in sales and profitability, driven by a strong global retail and wholesale…

Despite Growth in 2024, Hugo Boss Midterm Goal Unlikely Anytime Soon

The German menswear specialist had aimed to have sales of 5 billion euros by 2025. But growth of 3 percent in…

Ferragamo Stands Firm on Maximilian Davis and Strategy Despite Sales Dip, Leadership Change

Chairman Leonardo Ferragamo reiterated his family's commitment to the company and to creative director…