luxury news and archive.

Business

Louis Vuitton is top luxury brand in China

Don-Alvin Adegeest 21 June 2019

Louis Vuitton is the top luxury brand in China according to the Gartner L2 Luxury China Index, which ranks digital IQ. Bulgari, Cartier, Gucci and Mont Blan

Fashion

Luxury is fastest growing category in top global 100 brands

Don-Alvin Adegeest 14 June 2019

The 2019 BrandZ Top 100 Most Valuable Global Brands saw its total value increase 7 percent to 4.7 trillion dollars. While Amazon, Apple, Google and Alibaba

Fashion

Farfetch launches resale platform for designer bags

Huw Hughes13 May 2019

Luxury online retailer Farfetch has launched a new pilot platform that allows customers to exchange their pre-loved designer bags for store credits. The ne

Video

Video: Meet the Japanese shoemaker who doesn't want his shoes to stand out

FashionUnited8 May 2019

Tokyo bespoke shoemaker Shoji Kawaguchi believes that the focus of a man's attire should be on his clothing, not his shoes. However, his shoes

Business

LVMH tops Deloitte’s list of Top 100 luxury companies; future looks positive for the sector

Marjorie van Elven17 April 2019

LVMH came first on Deloitte’s annual list of the world’s largest luxury goods companies once more, followed by Estée Lauder and Richemont. Kering and Lu

Video

Video: Is Luxury Next on the Stock Market of Things? | Josh Luber, StockX

FashionUnited16 April 2019

The founder of the online streetwear resale marketplace explained how brands that leverage scarcity as their business model become valuable as

Fashion

'Considered purchasing' is driving luxury

Don-Alvin Adegeest 24 January 2019

Purpose is driving consumer purchase behaviour. No longer is the simple premise of buying high-end fashion and luxury goods just for the sake of ownership a

Business

HSBC predicts luxury market to slow down in 2019

Marjorie van Elven9 January 2019

International bank HSBC forecasts growth in the luxury sector to slow down from 9 percent in 2018 to 6 percent in 2019. But those aren’t necessarily bad new

Fashion

Seven trends to shape the luxury industry in 2019

Don-Alvin Adegeest 3 January 2019

The fashion and luxury industries are evolving at a faster rate than ever before, with key trends set to shape the industry in 2019. Compiled by the Lux

Business

Training Luxury: Customers buy experiences in physical stores, not products

Anne-Sophie Castro27 December 2018

INTERVIEW A new generation of shoppers and workers are walking through the doors of fashion stores. Business strategies from mid-range brands to luxury bran

Fashion

New study cracks the code to millennials’ luxury purchasing

Robyn Turk21 December 2018

Finally—the answers we’ve been looking for. Streetwear blog Highsnobiety figured out how millennial and Gen Z shoppers purchase luxury, and how streetwear

Video

Video: Unlocking Responsible Luxury

FashionUnited14 December 2018

What’s the view on sustainable luxury from the home to some of the world’s most famous luxury brands? I’m talking about Italy of course, and Milan

Fashion

Luxury is less about wealth, more about mindfulness, says report

Don-Alvin Adegeest 14 December 2018

Luxury is shifting its focus from material wealth to a new appreciation - and appetite - for the experiential. A global report published by Euromonitor says m

Business

Best Global Brands 2018: luxury growing faster than all other sectors

Marjorie van Elven4 October 2018

While Apple, Google and Amazon are once again the world’s most valuable brands, luxury labels were the biggest starts on this year’s Best Global Brands ra

Business

Luxury footwear platform Martha Louisa throws in the towel

Weixin Zha28 September 2018

The online shop for luxury shoes, Martha Louisa, is giving up its business after only six months. The latest venture of MyTheresa founders Susanne and Ch

Business

Mybudapester.com: How to sell luxury shoes online

Regina Henkel21 August 2018

INTERVIEWLuxury brands follow particularly strict, exclusive rules - even when selling online. Traditional shoe retailer mybudapester.com took the plunge a

Retail

Luxury shoppers seize the day amid Turkey’s sliding currency

Don-Alvin Adegeest 16 August 2018

One country’s woes are luxury shopper’s gain. As Turkey fights for its sliding lira, international luxury shoppers are taking advantage of its attractiv

Retail

Half of global luxury shoppers buy at discount

Don-Alvin Adegeest 1 August 2018

Half of global luxury shoppers are partial to a bargain. According to the YouGov Affluent Perspective’s Global Luxury Retail Report 2018, half of all glob

Fashion

Latin America, drawn to luxury leather goods

Christin Parcerisa27 June 2018

Year after year the luxury market in Latin America continues to see growth, often despite unstable economies in some of its countries, demonstrating how impor

Fashion

Cartier tops international luxury brand ranking

Don-Alvin Adegeest 26 June 2018

French watchmaker and jeweler Cartier has been named the number one luxury brand in the world according to the annual Kadence Luxury Index 2018. In its rep

Fashion

How luxury changed from being exclusive to democratic

Don-Alvin Adegeest 20 June 2018

Once upon a time the meaning of luxury was part aspiration, part exclusivity and part too expensive for most to afford. It was the Hermès bag, the Cartier

Business

Gucci follows Burberry and Louis Vuitton and brings more manufacturing in-house

Angela Gonzalez-Rodriguez11 June 2018

ANALYSISGucci is looking for ways to efficiently and sustainably cope with increasing Chinese consumers’ demands. Following into the steps of other luxury f

Business

Global luxury goods market expected to grow 8 percent in 2018

Marjorie van Elven8 June 2018

*The global personal luxury goods market is expected to grow 6 to 8 percent in 2018, according to a report by market monitor Altagamma and management consulti

Fashion

Louis Vuitton tops ranking of global luxury brands

Don-Alvin Adegeest 30 May 2018

The latest global brands ranking by WPP and Kantar Millward Brown show luxury companies have increased their value by 28 percent, with Louis Vuitton, Herm

Fashion

Shoemaker Robert Clergerie finally puts his feet up

AFP13 December 2017

Robert Clergerie, the maker of the luxury French shoes worn by Rihanna, Bella Hadid and Madonna, was never one to sit around kicking his heels. When the

Fashion

Global luxury: Western retailers can learn from China's younger shoppers

Don-Alvin Adegeest 11 December 2017

As Western retailers and luxury brands look to attract the next generation of shoppers, they need only look to China, who’s younger consumers and millenia

Business

Luxury market set for record year in 2017: study

AFP26 October 2017

After a year of stagnation the luxury market has returned to growth and will likely set a new record of 1.2 trillion euros (1.4 trillion dollars) in 2017, sa

Business

Luxury, fast fashion and lifestyle, the most valuable fashion categories in H1 FY17

Angela Gonzalez-Rodriguez1 September 2017

ANALYSISCompanies in the luxury, fast fashion, and lifestyle categories have seen the largest growth over the first half of 2017. LVMH, Inditex, and Nike have

Retail

LVMH to start new e-commerce site '24 Sevres'

Simone Preuss11 May 2017

After weeks of speculation about LVMH's top secret project, the veil of silence has finally been lifted and the French luxury conglomerate confirmed yesterday

Business

Luxury goods to see slowdown in 2016

Don-Alvin Adegeest 7 April 2016

The 285 billion dollar luxury goods industry is to see a slowdown this year, according to market consultants Bain & Co. In its latest forecasts for the

Apparel

Delhi Airport: Best for retailing luxe brands

30 January 2012

Delhi Airport: Best for retailing luxe brands

Fashion

Luxe is back for good...and profit

22 July 2011

Luxe is back for good...and profit