The Italian brand’s owner, Kering, issued its third profit warning in a row as demand for a toned-down Gucci disappoint.
Discover five incredible Costco finds costing less than $100. Here's how you can save big on cookware, luggage, headphones, ...
Luwa Luxury Products, a Puget Sound luxury appliance wholesaler that sells to residential appliance retailers throughout the ...
While speaking during the company’s third-quarter earnings call, Guiony was asked if the recent 3% year-over-year sales ...
Belarussian Alexander Zaitsev, nicknamed President Aleksandr Lukashenko’s “money bag,” appears to have shipped luxury goods ...
Sales were down 7.2 per cent in the third quarter of 2024 as consumer demand continues to stall, especially in Asia.
DeWu, founded in 2015 by Jiangxi province-born billionaire Yang Bing as a platform to buy and resell sneakers, has become the beating heart of China’s vast luxury goods grey market, where products ...
Canada Goose is entering into a very difficult winter season as resellers pull back their order books and China growth slows ...
Two of the world's biggest luxury brands may be sitting on a whopping €4.7 billion worth of unsold goods (around $5.1 billion at the current exchange rate). That's enough to make even the most ...
SHANGHAI, Oct 21 (Reuters) - China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for cheaper ...
This peaked in the wake of the COVID-19 pandemic as ultra-high-net-worth and aspirational consumers amassed excess cash to spend on luxury goods. But the golden days of luxury shopping in China ...