Sourcing Journal on MSN2h
Fast Fashion, Resale Rise While Luxury Falls According to Spending Report
So far in 2025, spend growth for apparel, luxury goods and department stores has lagged behind overall U.S. spend growth.
‘Nationalist Narratives' Seen as Risk to Luxury Goods
In a research note published Monday, lead authors Luca Solca and Maria Meita argued that "recent policy decisions in the U.S.
China's 'Hermes of Gold' Shines Despite Lacklustre Demand for High-End Goods
As rising gold prices in 2024 pushed investors toward bullion and coins and gold jewellery sales in China fell 24.69% to ...
Chosunbiz4d
Counterfeit luxury goods sell quickly for 150,000 won at Seoul's underground market
Producing or selling counterfeit luxury items is a violation of trademark law and can result in up to seven years in prison ...
The Economist5d
The luxury industry is poised for a deal wave
The luxury business is in the midst of a painful downturn. Weakening economic growth from America to China has led shoppers ...
Decrypt6d
Director of '47 Ronin' Charged With Defrauding Netflix, Misusing $11M on Crypto and Luxury Goods
The filmmaker faces up to 90 years in prison for allegedly misappropriating funds meant for a Netflix sci-fi series.
Khaleej Times on MSN4d
Luxury fashion in crisis: Designer reshuffles at Gucci, Chanel and Dior as slowdown hits global sales
A slump in luxury fashion is prompting designer reshuffles at top houses Gucci, Chanel and Dior to reignite heat around their ...
Fort Worth Star-Telegram8d
The Destructive and Relentless Takeover of the Luxury Brand Intensifies
MIAMI, FL / ACCESS Newswire / March 17, 2025 / The luxury market is under siege. Counterfeits, fraudulent goods, and supply chain manipulation are no longer just nuisances-they are an existential ...