Online luxury fashion retailers have been experiencing losses, and they all face the same challenges: How do you move ...
Gucci’s wholesale business had a very weak quarter. This could be a sign that the brand is being disciplined about who it ...
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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 ...
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 ...
Canada Goose is entering into a very difficult winter season as resellers pull back their order books and China growth slows ...
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 ...