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How Prada is beating the odds and bucking the luxury slump
Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the …
Madeline Berg
Why founders of some small luxury brands are eyeing exits
Independent luxury brands, pressured by market downturns, are eyeing consolidation or outside inves…
Maria Noyen
China's luxury slump is trickling down to other consumer companies
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…
Madeline Berg,Huileng Tan
These mid-tier brands are winning in fashion while luxury struggles
Mid-tier brands like Zara and Pandora are winners while luxury brands are struggling as aspirationa…
Madeline Berg
Luxury brands forgot about Gen Z. They can't afford to make that mistake again.
Luxury brands must adapt to Gen Z's growing influence by offering affordable luxury and creative pa…
Maria Noyen
Hermès isn't just surviving the luxury slump — it's thriving
Hermès sales rose to $3.9 billion in its third-quarter earnings on Thursday. It comes as luxury ind…
Maria Noyen
Miu Miu is hot right now — and Prada's chic sibling is helping it buck the luxury slowdown
Prada reported surging sales during the most recent quarter at Miu Miu, its Gen Z-favored brand.
Maria Noyen
It looks like the glory days of luxury are over for LVMH, at least for now
French luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year dec…
Nora Redmond
Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
A federal judge granted the FTC's motion to block the merger between Tapestry and Capri Holdings.
Aditi Bharade
These are the telltale signs of a fake Hermès Birkin, according to a vintage luxury expert with 20 years of experience
Here's what to look out for when picking out a vintage Birkin, according to a luxury expert with 20…
Aditi Bharade
LVMH had a rough week. That's a bad sign for the luxury sector.
The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the l…
Madeline Berg
Luxury stocks are on the slide again as China's stimulus plans disappoint
Luxury sector stocks are suffering as European markets react to China's economic uncertainty and la…
Nora Redmond
The NFL's $1,000 branded designer jackets are the latest sign of fashion's newfound love affair with sports
As luxury fashion brands see their pandemic boom fade, some are looking to boost their exposure by …
Maria Noyen
Luxury watchmakers resort to state aid as demand falls
Girard-Perregaux and Ulysse Nardin are taking advantage of financial aid from the Swiss state to pr…
Nora Redmond
5 ways rich Chinese Gen Zers are redefining luxury
Gen Z shoppers in China prioritize craftsmanship, brand stories, and reflecting trends like slow li…
Paige Bruton,Alexandra Bacon
These 2024 status symbols show that it's not all about quiet luxury anymore
Quiet luxury is making way for other looks. Trends like classic Americana and corporate vibes are e…
Madeline Berg
Taylor Swift brought luxury fashion to Monday night football in an outfit that cost over $51,000
Taylor Swift returned to Kansas City on Monday to support Travis Kelce, pairing designer clothes wi…
Samantha Grindell
The Olympics are getting a luxury makeover this year
The Paris Olympics are attracting brands like Louis Vuitton, Dior, and Armani at a make-or-break ti…
Madeline Berg,Ashley Rodriguez
Luxury brands are slashing prices in China
Luxury brands like Burberry and Balenciaga have been offering big discounts in China to try to reel…
Alexandra Bacon
It looks like the party's over for luxury goods in China
Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…