Luxury news and archive

Luxury: 86 percent of Indian consumers plan to increase spending over next 12 months

Nearly two thirds of Indian and Chinese consumers have spent over 20,000 euros on luxury goods in the past 24 months. Additionally, 86 percent of Indian consumers plan to further increase their spending over the next 12 months, the most significant figure among all markets analysed. The data confirms that luxury growth continues, yet drivers and...

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Fashion |Opinion

Fashion prediction 2026: Between caution and course correction

If 2025 was the year fashion learned to live with uncertainty, 2026 is shaping up to be the year it decides what to do with it. Many of the pressures that defined the past 18 months will not magically disappear on January 1st. Tariff uncertainty remains a structural concern, particularly as trade tensions between major economic blocs continue to...

Retail

Second-hand: The Row follows close behind Hermès and Goyard with 97 percent retention rate

Certain brands stand out as unshakeable pillars in the second-hand fashion market. Hermès immediately comes to mind, with handbags perceived as investments as profitable as prime property. However, this rapidly developing segment also holds surprises. The recent Clair Report, published by resale site Rebag, revealed the impressive performance of...

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Fashion |Interview

Engineering next-gen luxury: Behind the launch of Rae Temily’s namesake brand

Having dedicated much of her career to developing other people’s brands, Raechel Temily – Rae to everyone that knows her – eventually embarked on a journey to establish her own luxury label. Launched April 2025, the brand, fittingly dubbed Temily, emerged almost as a response to a market that seemed to have lost touch with the emotional core of...

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Business

Cocoon elevates rental offering with MyWardrobe HQ and More Luxury Club

London-based rental platform Cocoon is elevating its offering, merging that of MyWardrobe HQ and More Luxury Club into its operations. By combining the businesses, Cocoon is building on efforts to position itself as a “definitive category leader” in circular luxury. As part of the process, MyWardrobe HQ’s chief executive officer, Coco Baraer...

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Business

Phoebe Philo’s ‘secret sale’ highlights luxury’s quiet struggle with excess stock

The annual cascade of Black Friday newsletters has been hard to escape, arriving with such frequency that even the most discerning shoppers may feel a twinge of fear of missing out. Promotions now cover everything from LED face masks consumers did not know they needed to socks, sweats and, increasingly, luxury fashion. Excess inventory remains a...

Retail

LVMH redefines craftsmanship to include retail sales associates

French luxury group LVMH has made a notable strategic shift in its definition of craftsmanship during the ‘Virtuoses 2025’ ceremony. At the event, held on Wednesday, November 19 2025, the concept of craftsmanship was broadened. While the focus was previously on production and couture ateliers, the luxury group now also positions sales roles and...

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Business

Italy probes Tod's executives over labour exploitation

Italian prosecutors are investigating three executives from luxury fashion label Tod's, as well as the company itself, for alleged labour exploitation, according to a court document seen Thursday by AFP. Milan Prosecutor Paolo Storari had previously requested a six-month ban on the company's advertising, with Judge Domenico Santoro fixing a...

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Business

Fashion shifts away from hype as consumers demand authenticity

Fashion’s long reliance on spectacle-driven marketing is beginning to feel outdated. Industry observers note a gradual but unmistakable shift in how luxury brands present themselves, driven by changing consumer expectations and a cooling global market. Leadership changes—such as Balmain’s recent decision to part ways with Olivier Rousteing after...

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Business

Luxury sector faces dilemma of 'exceptional Maisons' versus groups seeking recovery

The luxury sector is entering a new era of polarisation, according to several recently published articles and market studies. This dynamic now pits two types of players against each other: 'exceptional Maisons', capable of preserving rarity and vertical integration, and multi-brand groups that must redefine their strategy to regain their...

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Business

Luxury houses eye India, but barriers remain

The globe's biggest luxury brands have dreamt of India's vast consumer base for decades, but navigating the market has proven to be a complex task. French retailer Galeries Lafayette is the latest to try its luck, opening its first Indian store on Sunday: a sprawling five-floor outlet in Mumbai, the country's financial capital. Its splashy foray...

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Business

Burberry shows first signs of stabilisation as Schulman’s turnaround gains momentum

Burberry Group plc has cause for measured optimism after its interim results confirmed that a long-decline in comparable store sales has finally come to a halt. According to Robyn Duffy, senior analyst (Consumer Markets) at RSM UK, the results should bring “a sigh of relief” for the luxury brand. Flat store sales in the first half (versus a...