Business ❯Economics ❯Consumer Behavior

Luxury Market

Chinese Consumers Brand Performance China Sales Trends Spending Trends Asia Sales Post-Pandemic Trends Trends Automotive Purchases Tariffs Gucci Affordable Luxury China Demand Cryptocurrency Spending High-End Fashion Regional Demand

Global Luxury Goods Sales to Decline Up to 5% in 2025 as Brands Overhaul Strategies

Tariff threats from the United States, geopolitical tensions in major markets are prompting luxury brands to overhaul leadership to safeguard profits

Kering Reports 14% Revenue Decline as Gucci Sales Plummet 25%

Mercedes-Benz Reports Sharp Profit Decline and Unveils Cost-Cutting Plan

Hermès Reports 18% Q4 Sales Growth, Defying Luxury Market Slowdown

LVMH Reports Modest Growth as Luxury Sector Faces Ongoing Challenges

Richemont Reports Record Sales Growth, Boosting Luxury Market Optimism

Luxury Brands Face Challenges as Consumer Habits Shift During Economic Downturn

LVMH Struggles as Sales Drop Amidst China Slowdown

Hermès Defies Luxury Market Slump with Strong Q2 Sales Growth

Ferrari Introduces Cryptocurrency Payments Across European Dealerships