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Luxury

One of Prada's red-hot brands for Gen Z luxury shoppers just posted crazy growth numbers

Wed, 07/31/2024 - 04:13

Miu Miu bag Vienna — Gen Z darling Miu Miu's revenue jumped 93% in the first half of 2024, compared with the same time last year.
Jeremy Moeller/Getty Images

Retail, prada, miu-miu, q2-earnings, Luxury, gen-z, gen-z-spending

Bernard Arnault's wealth is slumping as the luxury boom falters

Fri, 07/26/2024 - 05:44

Bernard Arnault wearing a navy-blue blazer jacket and a white shirt. — Bernard Arnault's wealth fell by $46 billion over a four-month period, per Bloomberg data.
Edward Berthelot/Getty Images

Retail, bernard-arnault, Luxury, Retail, Wealth, luxury-goods, LVMH

The luxury outlook in China just keeps getting worse

Thu, 07/25/2024 - 05:27

Dior Hong Kong — China's luxury sales are tumbling as wary consumers spend less at home and more in Japan.
Serene Lee/Getty Images

Retail, Luxury, China, LVMH, gucci, Kering, q2-earnings

LVMH is waiting for China's consumers to shop at home

Wed, 07/24/2024 - 06:25

Tech Insider : Economy

Customers are lined up outside a Louis Vuitton store. — Louis Vuitton stores in China have lost ground to their Japanese counterparts from a weaker yen.
Zhang Peng/LightRocket/Getty Images

Retail, Retail, LVMH, marketing, China, economy, Luxury

Japan is fast becoming the hottest market for luxury brands

Wed, 07/24/2024 - 04:50

people queuing outside the Dior store in Tokyo — Tourists are flocking to Japan to take advantage of its currency downturn, buying luxury goods for less.
Tomohiro Ohsumi/Getty Images

Retail, Retail, Luxury, China, Japan, LVMH, Kering

The one place IRL still matters: luxury shopping

Tue, 07/23/2024 - 05:41

Store clerk handing over a luxury golden shopping bag to a shopper — E-commerce has eaten everything ... except ultra-luxe.
Getty Images; Alyssa Powell/BI

Retail, Discourse, E-Commerce, Luxury, Retail, online-shopping, amazon

China's consumers aren't buying stuff, but it's not because they're broke

Fri, 07/19/2024 - 02:57

Tech Insider : Economy, Economy

A staff member holds a board advertising a sale while waiting for customers at the entrance of a clothing store in Beijing. — Chinese retailers are increasingly trying to entice customers in with discounts.
Wang Zhao/AFP/Getty Images

economy, Retail, economy, China, Savings, Retail, Luxury

Luxury brands are slashing prices in China

Thu, 07/18/2024 - 07:42

Photo of someone wearing a Balenciaga Hourglass bag — Brands like Balenciaga and Marc Jacobs have discounted products on Alibaba's upscale e-commerce platform Tmall Luxury Pavilion.
Edward Berthelot/Getty Images

Retail, Retail, China, Luxury, trending-uk

Billionaires and millionaires at Sun Valley showed off the must-have accessory of the summer: colorful sunglasses

Mon, 07/15/2024 - 17:05

Tech Insider : Style

A side-by-side of Diane Von Furstenberg holding hands with Barry Diller and Oprah Winfrey smiling. — Colorful sunglasses were the hit accessory of the 2024 Sun Valley Conference.
Kevork Djansezian/Getty Images

Entertainment, sun-valley-conference, sun-valley, Style, Luxury, Lifestyle

A couple in their 20s converted 11 camper vans before building their dream one. Take a look inside the $127,000 Ram ProMaster.

Sat, 07/13/2024 - 06:28

Tech Insider : Travel, Travel

Side-by-side images of Scarlett and Seth Eskelund and their $127,000 van. — Side-by-side images of Scarlett and Seth Eskelund and their $127,000 van.
Scarlett and Seth Eskelund

Travel, Travel, camper-vans, Conversion, ram-promaster, Luxury

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