Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. The personal luxury market’s explosive growth from 2019 ...
Confronting a broad decline in demand for their usual fare, including $3,000-and-up handbags and $4,000-and-up cashmere jackets, major marketers of designer and luxury merchandise are broadening their ...
While the luxury goods sector is complex, it also offers opportunities for those willing to navigate its nuances. In the words of Warren Buffett, “Price is what you pay. Value is what you get.” ...
The apparel, accessories and luxury goods subsector experienced a rocky year, even when some companies within the group ...
A Closer Look at Luxury Valuations Luxury Sales Trends: A Mixed Bag The Impact of Rising Costs in the Luxury Sector Empowering Smart Decisions in the Luxury Sector A Closer Look at Luxury Valuations A ...
NEW YORK - FEBRUARY 10: A Louis Vuitton handbag is shown at a press conference to announce the opening of a new store in New York City celebrating their 150th anniversary February 10, 2004 in New York ...
Sahil Vakil is a CFA, CFP, and the Founder of MYRA. Sahil is a 1st Generation immigrant, and specializes in providing Personal Finance advice to immigrants (incl. International and multicultural) in ...
Outside Brown’s Hotel in London, a doorman in a smart coat and top hat escorts guests to their taxis. Inside, the fanciest suite goes for over £6,000 ($8,100) per night. The bar serves delicious ...
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The global personal luxury goods market has lost some 50 million consumers this year and is on track to see its first slowdown since the Great Recession (aside from Covid), according to the latest ...
Counterfeiting and malicious gray-market activity has been a consistent challenge for luxury goods brands. The counterfeit market is now considered the biggest illicit trade in the world — the OECD ...
A debate over the source of luxury goods has taken TikTok by storm after Chinese manufacturers jumped on the app to ‘lift the veil’ on luxury production. According to multiple hugely popular videos on ...
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