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Global Markets
Luxury Braces for $43 Billion in Losses as Coronavirus Panic Goes Global
The tragedy’s effects are rippling across the industry, from front rows to travel retail.
Luxury
Luxury Goods Market Hampered by Terror Threats, US Election
The terror threat in Europe, a strong dollar and uncertainty over the US presidential elections have eroded the confidence of the globe's big-spenders.
Luxury
Luxury Goods Sales to Grow No More Than 2 Percent This Year
Global sales of personal luxury goods will rise this year but only moderately, with higher spending in Japan and Europe compensating for flat trends in Asia and the United States, an industry report showed on Tuesday.
News & Analysis
Luxury Goods Market Growth to Slow in 2014
MILAN, Italy — Sales of luxury goods are expected to grow more slowly in 2014 compared with last year as weakness in China, Russia and Europe
News & Analysis
Luxury Consumers to Spend 880 Billion Euros a Year by 2020
"Luxury goods consumers around the world will spend 880 billion euros ($1.2 trillion) on personal items and experiences like holidays a year in 2020,