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50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers
Now, 50 million luxury consumers have either ditched ... Bain & Company’s new annual luxury report warns. Only a third of luxury brands will end the year with positive growth, Bain posited ...
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Luxury is too expensive. What should brands do?
In 2025, the price has to be right. To weather the slowdown, luxury brands need to rethink their price and product strategies ...
5 Luxury Goods That Are Cheaper at Macy’s
As legendary department store Macy's enters its 167th year in business, the retailer has struggled with internal accounting ...
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Hyatt Expanding Luxury and Lifestyle Portfolios With 50 Openings Within 2 Years
Hyatt Hotels Corporation expects to open over 50 luxury and lifestyle hotels by ... it has doubled the room count for its luxury brands. More recently, Hyatt added more hotels through the ...