Flat global luxury sales forecasts follow a pent-up post-pandemic spending surge that pushed sales during the 2021-23 period up 24% over 2019 levels. Last year, sales of personal luxury goods grew ...

Global sales of luxury personal goods - spanning clothing, accessories and beauty products - are expected to be flat at constant exchange rates during the holiday season, with China's performance ...

The luxury bubble bursts with a 2% market drop in 2024 as middle-class shoppers abandon high-end purchases amid economic woes ...

MILAN/PARIS (Reuters) - Sales of luxury goods worldwide are likely to fall between 2% and 5% this year, consultancy Bain & Co ...

with sales remaining flat in mainland China. The spending slowdown in the world’s No. 2 economy, which has been the main driver of the global luxury market growth over the past decade ...