MILAN (AP) — Luxury consumers are cautiously resuming purchases of apparel, handbags and cosmetics despite continued geopolitical uncertainty, fueling a likely return to modest growth in the sector this year,

“Factors such as subdued Chinese demand, war in the Middle East and brand fatigue after the boom years of 2020 to 2023 are all contributing to the lackluster earnings growth”

MILAN — The global personal luxury goods market is showing signs of a recovery in the second quarter, despite the war in the Middle East, as demand...

MILAN (AP) — Luxury consumers are cautiously resuming purchases of apparel, handbags and cosmetics despite continued geopolitical uncertainty, fueling a likely return to modest…

While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.