Retail sales remain strong, but consumers face slowing wage growth and rising credit card debt, limiting their ability to absorb future tariff-driven price hikes.
Archive | 2025
Italian Authorities Hit Giorgio Armani With $4 Million Fine For False Ethical Claims
Italy’s AGCM fined Giorgio Armani $4M for untruthful ethical claims, linked to past worker abuse allegations in its ‘Made In Italy’ supply chain.
Luxury Slowdown Deepens As LVMH’s Fashion And Leather Goods Juggernaut Plunges 12%
When the industry’s juggernaut – LVMH – sees its largest fashion and leather goods segment down 8% in 1H2025, it is warning of a wider industry downturn.
Brand USA Has A Strong Global Reputation Despite Trade Tensions
Despite global trade tensions, a new study finds “Made in USA” remains strong globally. And purchase intent to buy American goods and services is fairly high globally.
How Aspirational Overreach Killed the Goose That Laid Luxury’s Golden Egg
Luxury’s focus on accessibility fueled growth but alienated top spenders. Now facing a slowdown, brands must return to core luxury values and first principles.
