Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday.

Individual consumers drive the growth of the Luxury Goods Market by seeking exclusive and high-status products that reflect their personal style ... Each sample we share contains a detailed ...

Global luxury sales set to hit record this year, study says Global sales of personal luxury ... The luxury market is no exception. Big luxury goods companies will be pressured to make acquisitions ...

About 50 million customers were sidelined from the luxury goods market by 2024 as prices climbed roughly 20% since 2021, according to Aaron Cheris, a partner and head of global e-commerce and ...

Personal luxury goods ranging from diamonds to sneakers have proved helpful supplementary revenue spinners for the auction houses in trickier times, even accounting for a third of sales at Sotheby ...

Pam Danziger reports on retail, focused on the luxury consumer market. Against a backdrop where the personal luxury market ... in Dubai and Abu Dhabi. Leather goods and saddlery, its top performer ...

MILAN (AP) — Global sales of personal ... luxury market, following Europe, worth about 100 billion euros ($106 billion), or nearly one-third of all global high-end sales of apparel, leather ...

(CNN) — A sharp hike in the price of luxury goods in recent years has cost some brands a key group of customers. About 50 million customers were sidelined from the luxury goods market by 2024 as ...