Researchers dig into why global consumers buy luxury goods

(Phys.org)—A young woman in Tokyo pays 243,000 Yen for a Louis Vuitton suitcase emblazoned with the company's iconic monogram. A continent away, another woman purchases the same suitcase at the company's store on New York's ...

Milan lags behind in fashion's Internet revolution

With social network sites and smartphone apps making rapid inroads into the fashion world, observers say Italy risks falling behind even as its luxury brands feel the pain from the economic crisis.

Apple bets that it's time

Smartphones didn't kill the watch business. Can the Apple Watch put a dent in it?

70 more websites seized in US copyright crackdown

US authorities seized 70 websites suspected of selling counterfeit goods using luxury brand names such as Louis Vuitton, Tiffany or Burberry and sports logos like NFL and MLB, officials said Thursday.

How the COVID-19 crisis could remodel the luxury industry

The COVID-19 crisis has hit the luxury and fashion industry hard. According to a study conducted by the Boston Consulting Group, sales in these two sectors could drop by 25% to 30% compared to 2019.

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