“These groups fall more into the aspirational customer segment for luxury brands, meaning that they might not be frequent ...

The luxury market has been on a downward spiral over the last few years, facing one of its worst slumps since the Great ...

a sign luxury retail could rebound this year after years of contraction. European luxury companies Burberry and Cartier-owner Richemont also had better-than-expected quarters at the end of 2024.