Luxury brands

22 Nov, 23

Brunello Cucinelli, the $2,000 cashmere sweater-selling master of ‘stealth wealth’ fashion, is booming as the ‘loud luxury’ trend wanes

The “quiet luxury” aesthetic was best characterized by the costume choices of the main characters in HBO’s series “Succession.” Claudette Barius/HBO Business at Brunello Cucinelli, which has become the poster child of the “quiet luxury” fashion movement, is booming.  The Italian luxury brand, known for its ultra-luxurious $2,000 cashmere sweaters, raised its guidance for the year on Tuesday […]
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22 Nov, 23

Why China could become the luxury industry’s next sore spot?

SHANGHAI/PARIS, July 19 (Reuters) – The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest Chinese economic figures and a disappointing sales update from Cartier-owner Richemont (CFR.S) suggest both markets may be starting to slow. Major luxury brands have invested millions to reach new customers in the two […]
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26 Jun, 23

An Exclusive Interview on “The Millionaire Mindset”

Check out Agility Research & Strategy‘s Managing Director Amrita Banta as she shares insights on the Millionaire Mindset and the state of the luxury retail sector drawing from the Global Millionaires 2023 TrendLens™ report in an exclusive interview. Link to the issue and interview on Pages 6-9 here: Retail Merchandiser Volume 63, Issue 3 Volume 63, Issue 3 (retail-merchandiser.com) […]
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