Luxury Goods Market - QuikReader

Trump Tariffs Could Hurt Shrinking Global Luxury Goods Market

Despite seeing a post-recession bump, luxury good sales are declining and may be hit hard by Trump tariffs.

Business - Inc. - 20 hours ago

Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds

The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.

Business - CNBC - Yesterday

A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse

Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic

World - ABC News - Yesterday

Tough luxury market dims Dior’s shine

Sales stutter at LVMH brand run by Bernard Arnault’s daughter Delphine as luxury downturn deepens

Business - Financial Times - October 18

Luxury goods shares fall as China slowdown hits LVMH

Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding Japan

Business - Financial Times - October 16

Why luxury cheese is being targeted by black market criminals

How cheese has become so valuable that it's being stolen to order

U.S. housing market is on the ‘verge of a vicious cycle,’ which is ‘not good for America,’ Lennar Mortgage head warns

Laura Escobar, the president of Lennar Mortgage, said the lack of affordable housing options poses a threat to America’s future.

Business - MarketWatch - October 29

Why it’s good for the stock market that retail investors didn’t chase the post-election rally

Analysts at Vanda Research, who track retail stock-market activity, found buying relatively muted compared to the gains in the stock market.

Business - MarketWatch - 6 days ago

Fed’s Barkin says economy looks ‘pretty good,’ but labor market bears watching

“The labor market might be fine or it might continue to weaken,” Barkin said.

Business - MarketWatch - 2 days ago

Luxury Fashion as Political Propaganda

In fights to sway public sentiment, critics often point to costly clothes as evidence of moral corruption.

Lifestyle - The New York Times - October 24

This luxury capitulation has barely begun

Investors greeted LVMH’s disappointing sales with surprising aplomb

Business - Financial Times - October 16

Which luxury train crew are you?

From the Venice Simplon-Orient‑Express to The Ghan Expedition, it’s never been easier, or chicer, to travel by rail. Here are the carriages to know

World - Financial Times - October 22

Louis Vuitton Opens a Temporary Store in Manhattan’s ‘Billionares’ Row’

Who says a temporary space needs to look undone?

Lifestyle - The New York Times - 15 hours ago

LVMH stock falls on slumping luxury sales in China

LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales

Business - MarketWatch - October 16

LVMH Results Cast Cloud on Luxury Stocks

European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.

Business - The Wall Street Journal - October 16

Hermes Sales Rise 11% Despite Luxury Slowdown

Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.

Business - The Wall Street Journal - October 24

Hermès defies luxury gloom with strong sales

Paris house posts solid growth in contrast to rivals Kering and LVMH

Business - Financial Times - October 24

Kering and Hermès tell tale of luxury inequality

While the owner of Gucci and YSL brands is spluttering, Hermès has defied the slowdown

Business - Financial Times - October 24

An Italian Luxury House Takes Artisanship to New Heights

At Bottega Veneta, craftspeople are celebrated as much for their creativity as for the quality of their leather work.

Lifestyle - The New York Times - October 25

In Rome, the water is back in the Baths of Caracalla, a luxurious spa

The Baths of Caracalla in Rome were one of the most luxurious spas the world has ever known. Now, for the first time in some 1,500 years, water is back.

Prada's Miu Miu Continues to Defy Luxury Slowdown

Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.

Business - The Wall Street Journal - October 30

How Hermès is bucking the global luxury slowdown

Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.

Business - CNBC - October 31

Shoppers warned over luxury advent calendar scams

The consumer group Which? is urging shoppers looking for a good deal to beware of fake offers.

Richemont Sales Fall as Luxury's China Woes Linger

The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.

Business - The Wall Street Journal - 6 days ago

Are luxury beauty advent calendars a rip-off?

They can cost hundreds of pounds, but are these products actually worth the money?

American citizen found dead at luxury hotel in Ireland

An American citizen has been found dead at a luxury hotel in Ireland, police said.

Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the ...

Business - The New York Times - 2 hours ago

Latest in Luxury Goods Market