Coming off third quarter with revenues up 8% and market share gains, RH will move aggressively in 2025 to shore up its leadership in the home furnishings market.
Archive | Luxury Marketing
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Jaguar’s Rebrand Misfires
In its rebranding, Jaguar tries to speak a progressive language of luxury but it got lost in translation.
5 Reasons Why Luxury Market Headwinds From 2024 Won’t Subside In 2025
Bain reports the luxury goods market retreated 2% in 2024. While recovery is expected next year, evidence in this year’s data suggests headwinds will continue in 2025.
More Trouble For Gucci: Lawsuit Claims Unethical Animal Treatment In Supply Chain
A U.S. class-action lawsuit against Gucci claims exotic animals were abused for their skins and customers were deceived that its leather was ethically sourced.
Fears Of Luxury Market Recession Grow As LVMH Revenue Falls
LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn but it may be bellwether of worse ahead.
