20 luxury industry news stories from Fall 2024: When the Rich Tighten Their Belts, It’s Designer Leather. The luxury goods sector faced a challenging Fall 2024, marked by a 2% decline in global sales—one of the weakest performances on record—driven by price increases and economic uncertainties that reduced the customer base. Despite this downturn, certain … Read more
Watches of Switzerland says regional stores are performing better than those in London
Plan, which includes 150 UK head office posts, comes as sales slump in Covid-19 crisis
In a booming market for Birkins, Baguettes and ‘Lux Anaconda’ shoes, the traditional auction houses are getting in on the act
Upmarket retailer to provide personal after-hours shopping trips and DJs for queueing customers
Luxury British brand launches consultation with 470 staff whose jobs are at risk