Consumer spending among millennials and Generation Z is not merely holding up. It’s underwriting earnings growth across financial services and retail, while pulling daily financial...
Luxury brands have begun lowering their prices to win back middle-income shoppers. Get the Full Story Complete the form to unlock this article and enjoy...
Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. Get the Full Story Complete the...
There was a time last year when we heard luxury retailers say that the slowdown they were experiencing was a sign of “normalization,” but now...
After a COVID-inspired sales drop, luxury brands Burberry and Richemont see hope in China’s reopening. Get the Full Story Complete the form to unlock this...
United Kingdom-based Burberry is reportedly facing the challenges of being a luxury brand whose image is not as upmarket as some of its rivals as...