#luxury goods

#luxury goods

Burberry's profits dropped by 40% due to decreased demand for luxury goods in Asia and the Americas. [ more ]

Indian consumers spent $8 billion on luxury goods in 2022 and that figure is projected to triple by 2030.

Celebrity marketing partnerships in India's luxury industry are growing, with brands enlisting Bollywood stars to reach South Asian consumers.

Brands need to look beyond traditional socialites and celebrities to stand out and consider influencers who are shaping culture. [ more ]

Manhattan prosecutors announce charges against four people known as the Grinch Boys who targeted intoxicated clubgoers and stole their credit cards and phones.

The group made over $400,000 worth of luxury goods purchases using the stolen cards and phones from October 2022 to August 2023. [ more ]

Luxury goods and the fine art market have outperformed the FTSE 100 and prime central London property markets over the past year.

The art market has seen a significant surge, with a 30% increase in prices, while the FTSE 100 index only climbed 5%. [ more ]

Air Company has raised $30.4M in funding for its carbon capture technology.

Osiris Exchange has raised $3.3M in funding for its luxury goods and collecting business. [ more ]