For luxury resale website The RealReal ... Underperforming categories, such as home goods and children’ wear, were cut. And unprofitable items, typically those listed for under $100, have ...
Innovation didn’t keep up to warrant those prices, diminishing the overall appeal of luxury goods over time. Now, even the industry’s highest spenders, who are expected to contribute up to 80% ...
Shoppers around the world, their appetites still soured by cost-of-living increases, have turned away from luxury brands. Winning them back and reviving the luxury-goods industry’s sales, BofA ...
PARIS, Jan 15 (Reuters) - Global luxury goods companies are expected to pull out all the stops this year to persuade U.S. shoppers to splash out on diamond bracelets, quilted leather handbags and ...
With gas prices steadily rising and baby formula still difficult to obtain, it can be tough for the average American to care about something as seemingly frivolous as personal luxury goods.
With both supply and demand for big-ticket art in a slump, the auction houses are making major bets on selling luxury goods and niche experiences to make up the shortfall. Sotheby’s estimated it ...
Amid the growing importance of the second-hand luxury market, of which the annual Bain-Altagamma Luxury Goods Worldwide Market Study recorded as generating $1.6 trillion globally in 2023, many of the ...
People aren't shopping luxury like they used to—and it might not be the same ever, new State of Fashion report finds. © 2024 Fortune Media IP Limited. All Rights ...
Winning them back and reviving the luxury-goods industry's sales, BofA analysts said Thursday, will depend in part on ditching the plain, understated tones of the "quiet luxury" trend.
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