Business ❯Economics ❯Market Trends ❯Consumer Behavior

Luxury Market

Kering Reports 46% Profit Slump as Gucci Sales Plunge 25% in Q2

The group is tightening spending ahead of Luca de Meo’s scheduled September takeover

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Burberry’s Q1 Sales Decline Narrows as ‘Burberry Forward’ Takes Hold

Labubu Collectible Dolls Fuel Tattoo and Designer Jewelry Craze

Sotheby’s Sells Mediterranean Blue Diamond for $21.5 Million in Geneva

LVMH Extends CEO Age Limit as Tariff Negotiations Loom

Hermès to Raise U.S. Prices to Offset New Tariffs Following Strong Q1 Growth

LVMH Sales Decline 3%, Losing Market Leadership to Hermès

Prada Acquires Versace in $1.38 Billion Deal to Bolster Italian Luxury

Richemont Reports Record Sales Growth, Boosting Luxury Market Optimism

Mulberry Rejects Mike Ashley’s £83m Takeover Bid

Luxury Brands Face Declining Sales as Chinese Consumers Tighten Spending