Luxury fashion group Burberry saw its sales dive almost 40% in Europe in the run-up to…
Category: Luxury Goods
Love turns to hate as LVMH sues ‘dismal’ Tiffany
LVMH once said that Tiffany “stood for love” but it now describes the New York jeweller…
Burberry and Tencent team up for concept stores
Burberry has partnered with China’s tech giant Tencent to launch a luxury concept store using social…
Global luxury sales could collapse up to 60% in the second quarter, consulting firm says
Global sales of luxury goods are headed for a collapse in the next few months, as…
Op-Ed: The luxury sector is bracing for the worst sales numbers in its history
It’s hard to erase the memory of red-and-white sale signs in the world’s most prestigious stores…