Archive
Luxury industry news, covering topics in business, law, beauty, apparel, technology, e-commerce, brick-and-mortar and fashion.
The global luxury fashion industry, once buoyed by relentless post-pandemic demand, now faces a prolonged slowdown with growth projected at just 1–3% annually through 2027, according to…
Over the past two years, the luxury industry’s customer base has contracted by approximately 50 million consumers, shrinking from 400 million to around 350 million by…
Gucci has reclaimed its position as the most successful luxury brand on Douyin, China’s popular short video app, surpassing Ralph Lauren. According to a Statista report,…
Rebag, the leading luxury resale platform, is accelerating its brick-and-mortar growth by opening two new outlet stores in 2025. Reinforcing its omnichannel strategy amid a booming…
Louis Vuitton has unveiled its groundbreaking entry into the cosmetics world with La Beauté Louis Vuitton, a luxury makeup line set to debut in Fall 2025. Leading this venture…
The luxury ski apparel industry is experiencing a remarkable surge, driven by a growing passion for skiing as a recreational activity and an increasing preference for…
The allure of the digital world is unmistakable, and as the metaverse increasingly seeps into mainstream consciousness via gaming, NFTs, and AR/VR technologies, a fascinating trend…
Starting a business from the comfort of your home might seem daunting, but for 28-year-old Jenny Lei, it became a journey of resilience and growth. In…
As we navigate through 2024, the jewelry market continues demonstrating dynamic trends and consumer preferences. This year, specific jewelry categories have emerged as top sellers, driven…
Hermès has established itself as a formidable player in the luxury market, achieving remarkable growth even as competitors like LVMH and Gucci face declines. The brand’s…