With gas prices steadily rising and baby formula still difficult to obtain, it can be tough for the average American to care about something as seemingly frivolous as personal luxury goods.

MILAN (AP) — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday.

Chinese consumers had more “discretionary spending capacity that they can dedicate to personal luxury goods,” he says. A case in point is the Sicilian handbag brand Studio Sarta. The brand’s ...

Personal luxury goods are bouncing back strongly with over half of the revenues lost to the pandemic expected to be recovered by the end of 2021.... We’re long-term subscribers to WARC and it’s a tool ...

Global luxury sales set to hit record this year, study says Global sales of personal luxury goods including leather accessories, apparel, footwear, jewelry and watches are expected to grow by 22% ...

Personal luxury goods ranging from diamonds to sneakers have proved helpful supplementary revenue spinners for the auction houses in trickier times, even accounting for a third of sales at Sotheby ...

Bain & Company reported a global market value of €1.5trn, with personal luxury goods reaching €362bn – a four percent increase at current exchange rates and eight percent at constant rates. Notably, ...