A rough earnings season has high-end retailers fearing a prolonged slump.
Luxury ecommerce sales will reach $58B in 2020, up 48% YoY. The major innovations in the space are coming from China.
HODINKEE just raised $40m from The Chernin Group, Tom Brady and John Mayer to expand its watch empire.
Investors are snapping up fractional shares on luxury items like cars and high-end handbags.
Loïc Gouzer, once dubbed “the daredevil of the art world,” is back.
Reports of a buying bonanza at a Hermes outpost in China sparked speculation about “revenge buying.” The trend may not hold water.
There’s less adrenaline when you bid online. That may be why big auction houses are taking a big hit.
Investors are betting big on pre-owned luxury duds.
Demand for safe-deposit boxes is increasing among the uber-rich, as wealthy people look for a safe haven for their cash, art, and jewels.
Despite its worst quarterly sales plunge in 8 years, Harley Davidson has still figured out a way to boost profits.
Luxury car icon Aston Martin’s stock market debut floundered after performing 4% lower than its expected offering price. That said, the IPO still values the company at $5.6B.
To keep their precious pieces away from riffraff re-sellers, Swiss luxury watchmaker Richemont destroyed $539m of its products over the last 2 years.