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Here are the 10 most expensive cities for the ultra-rich in 2025 — and the quiet power shift shaping the next luxury capitals
Julius Baer's latest Global Wealth and Lifestyle Report found Dubai, Bangkok, and Tokyo are rising fast as new luxury hubs.
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Japanese CEO of Luxury Goods Trading Platform Revealed as Buyer of $10 M. Birkin Bag
Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin ...
More ‘True,’ Less Aspirational Luxury Is The Next Priority For Luxury Brands
Luxury's focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core ...
A new dimension of luxury: Are TikTok and Gen Z responsible for the boom in the European market?
Despite the global slowdown in the luxury goods sector, Europe is showing growth. In 2024, the value of the market in the region increased by 3% and reached almost €110 billion. What is behind this ...
LVMH luxury brand Loro Piana faces sweatshop accusations
Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...
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Investing in luxury goods during inflation: How to do it and when not ...
Luxury goods can sometimes hedge against inflation when they appreciate in value, but there are probably better options. Published: Aug. 28, 2023 at 5:03 a.m. ET Share ...
Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds
Luxury spending decreased less than feared in May, but it’s too early to say that upper-income consumers have reached a ...