Economics ❯ Consumer Behavior

Luxury Market

Spending Trends China Sales Trends Price Sensitivity Economic Challenges Demographics High-Income Consumers Brand Licensing Wealthy Consumers Pricing Trends Sales Performance Shopping Trends High-Value Items Production Costs Brand Strategy Global Trends Pricing Strategies Chinese Consumers Demand Fluctuations

Saks Off 5th to Close NYC Flagship Dec. 31 and Nine More U.S. Stores Starting in 2026

The company describes the cuts as a footprint optimization that shifts resources to higher-performing locations and e-commerce.

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

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

Ralph Lauren Reports Record International Growth, Warns of North American Slowdown

Chanel Maintains Bold Investment Strategy Despite Luxury Market Challenges