Luxury Market
30 articles
Fenty Beauty's Decline Signals Volatility in Celebrity Brands
Just six years after its launch, Rihanna's Fenty Beauty, which garnered over $500 million in sales during its first year, has significantly cooled.
Quiet luxury's generational values are redefining high society's exclusivity.
A recent Bain & Company Luxury Report found that 70% of high-net-worth individuals under 40 prioritize brand discretion over recognition, a stark contrast to their parents' generation.
What is the quiet luxury concept for premium brands?
In December 2023, an Italian court in Turin ruled to protect the distinctive white sole of Loro Piana’s Open Walks Chukka boots, elevating a seemingly minor, non-branded design detail to the level of
Luxury buyers drive resilient housing market with cash offers
Puerto Rico recently witnessed its highest-ever property sale, a $30 million transaction, according to HousingWire .
Phillips New York Watch Auction Achieves Record $75.8 Million
An F.P. Journe Chronomètre à Résonance Souscription no. 007 recently sold for an astonishing $13.922 million at a Phillips New York auction, according to Hodinkee . This record sale anchored Phillips'
Quiet luxury's enduring rise amid market shifts
In a year where the personal luxury goods market saw its first contraction in 15 years, brands like Brunello Cucinelli and Loro Piana quietly achieved double-digit growth, according to Social Life Mag
Ekatra Launches Shristi Ratna, Highlighting Women in Future Jewelry
Producer Ekta Kapoor has invested in Ekatra Jewels, a new fine jewelry brand launching with a proprietary 108-facet lab-grown diamond collection designed by Sussanne Khan, challenging traditional luxu
Brazil's luxury pillow covers market sees strong growth trends
In a country grappling with 4.
Brazil's Luxury Blanket Market Booms, Driven by Conscious Consumers
Brazilian consumers, increasingly seeking comfort and status within their homes, propelled luxury blanket sales on e-commerce platforms to a 30% surge last quarter.
Rolex expands in Jackson, investing in state's luxury market
In Jackson, Mississippi, a new standalone Rolex boutique is set to open its doors by Q4 2024, marking a significant expansion for the notoriously exclusive brand.
China's Luxury Duvet Cover Market Sees Rapid Growth
In 2023, China's luxury duvet cover market surged by an astonishing 28%, reaching an estimated $1.
US long-lasting hair perfume market sees significant growth
Hair and body mists experienced double-digit market growth in early 2025, Allure reports.
Spain's Body Mist Market Surges as Consumers Seek Accessible Luxury
In Spain, the body mist market surged by 18% last year, significantly outpacing traditional perfumes.
Compagnie Financière Richemont SA posts 11% sales growth in Q3
Hermès's stock plummeted 8% after missing Q1 analyst expectations, a stark contrast to Compagnie Financière Richemont SA's reported 11% increase in Group Q3 sales to €6.
Japan's Luxury Market Sees Strong Growth, Driven by Shifting Preferences
In 2024, inbound spending in Japan soared to ¥8.
What is the luxury market appeal of iconic high jewelry houses?
The global luxury jewelry market, valued at USD 48.
Luxury Brands Face Shifting Spending as Boutiques Fill
Luxury brands currently hold an estimated $200 billion in unsold inventory worldwide, a 15% increase from the previous year, according to a Bain & Company Report.
Emerging Brands Redefining the Luxury Market
In 2023, 50 emerging premium brands collectively grew by an average of 18%, significantly outpacing the 4% average revenue growth seen by established luxury houses, according to Bloomberg .
Quiet Luxury Fashion Market Trends: Adoption Surges Amidst Shifting Consumer Values
The global silent luxury goods market, valued at USD 137.
High Net Worth Consumers Shift Spending From Luxury Retail to Experiences
Superyacht sales surged by 70% to $8.
Luxury spending shifts among high-net-worth individuals
Gucci India's revenue plummeted 17% to ₹265.
The Quiet Luxury Shift: Premium Brands Re-evaluate Value Beyond Logos
Since 2023, the concept of 'quiet luxury' has surged, leading consumers to prioritize a $12 artisanal loaf of bread over a logo-emblazoned handbag.
LVMH Shares Drop Amid Broader Luxury Market Slowdown
LVMH reported a 1% increase in organic revenue for the first quarter of 2026, reaching €19.
LVMH Reports Slower First-Quarter Sales Amid Luxury Spending Slowdown
Europe's ten largest publicly-traded luxury firms have collectively shed $176 billion in market value since the start of 2026, signaling a sharp reversal for an industry long considered recession-proo
Affluent Consumers Cut Luxury Spending, Why 50% DTC is Key
In 2025, the global luxury consumer base contracted by 20 million shoppers, yet Moncler saw steady revenue growth in the Americas by prioritizing experiential luxury.
Affluent Consumers Are Shifting Priorities, Slashing Luxury Spending.
Luxury prices in Europe are as much as 61% higher than they were five years ago, yet global luxury spending contracted by 1% to 3% in 2025 at current exchange rates, totaling €1.
Record-Breaking Luxury Art Auctions in Hong Kong 2026
Joan Mitchell's 'La Grande Vallée VII' commanded $17.
Kering Jewelry Drives Growth Amidst Q1 Decline
Kering's flagship brand, Gucci, saw its revenue plummet 14.
LVMH sees Q1 revenue dip amid shifting luxury market dynamics
LVMH's flagship Fashion & Leather Goods segment, a historical powerhouse, recorded its first year-on-year decline in Q1 2026, with a 2% organic drop.
Quiet luxury fashion reshapes consumer habits, defying typical trends
The Row's Margaux handbag, a symbol of understated elegance, has seen its resale value surge by 92% in just the past year, far outperforming many overtly branded luxury items, according to Vogue .