Luxury brands prices increase alienates aspirational consumers
In the past years major luxury brands have been increasing prices focusing on the highest end of the market spectrum and targeting the most affluent…
Tag: luxury-goods
Luxury goods, a prime investment for money launderers
Luxury goods and their potential connection to “dirty money” or illicit activities is a constant subject of scrutiny and concern. Most luxury brands have faced…
Pre-owned market is not slowing down
A new study from Boston Consulting Group (BCG) and resale specialist Vestiaire Collective claims resale market is not slowing down. The estimated value of the apparel, footwear, and accessories resale market…
What happened to the luxury goods blocked by the E.U. bound to Russia?
Sanctions against Russia for the invasion of Ukraine have been designed to cripple the country’s economy and penalize Putin and his associates. However, the complexity of the…