Global luxury market projected to reach €1.5 trillion in 2023, a new record for the sector, as consumers seek luxury experiences. The global luxury market is projected to reach €1.5 trillion in 2023, an 8-10% growth over 2022, setting a new record for the industry and proving its unparalleled resilience. These are among the findings … Read more
Top Cities For Fake Watch Purchases: How can you tell if a Rolex is real? New research released this week reveals there are an estimated 23.3 million fake watches circulating the US market alone1, according to a study by luxury pre-owned watch specialist, Watchfinder & Co. Additionally, of all the luxury watches sent to Watchfinder … Read more
Luxury, with its inherent association with abundance and indulgence, has the potential to positively impact your emotional health and overall sense of well-being. Let’s explore how luxury can enhance emotional health and well-being, focusing on its capacity to provide joy, inspiration, and personal growth. The Joy of Experiences Luxury experiences, such as traveling to exotic … Read more
The New York City retailer Bergdorf Goodman Launches The Conscious Closet. The New York City retailer to offer at-home closet editing with elevated repair and alteration services to help customers extend the life of luxury goods. Bergdorf Goodman, the iconic New York City luxury retailer, has announced its new initiative called Conscious Closet. This program … Read more
Maximize Your Revenue: Learn How Certified Inventory Can Benefit Your Luxury Brand. eBay’s New Platform Brings High-End and Luxury to Your Fingertips. eBay has announced the launch of its new Certified by Brand program, aimed at expanding the platform’s luxury offering and scaling brands’ presence in the secondary luxury market. The program partners directly with … Read more
LVMH becomes first European firm to reach market value of $500 billion. European luxury conglomerate LVMH breaks record with $500 billion market value. It’s worth noting that market values can fluctuate rapidly based on a variety of factors, including changes in market conditions, company performance, and global events. Luxury goods company LVMH / LVMH Moët … Read more