With watch industry volumes in freefall and luxury makers bracing for a year of contracting revenues, several brands are ...

Ultra-fast fashion brand Shein once again outshone its rivals, capturing a bigger share of the apparel market in 2024.

Shein had the biggest global apparel market share jump in 2024, according to a report from GlobalData. The fast fashion giant ...

Chanel and Hermès bucked the luxury slowdown numbers with growing market share. Chanel grew by 0.59 percentage points, while Hermès came in at 0.55 percentage points. Stephens said the two French ...

The ascension of these brands into the billion-dollar tier underscores a significant trend: the consolidation of market power among a select few watchmakers. With limited players rising to the top, it ...

The U.S. jewelry market grew 5% in 2024 to $85.4 billion, but affluent consumers are pulling back on planned jewelry ...

Shein's market share surged in 2024, reaching 1.53%, outpacing competitors amid economic uncertainty. GlobalData attributes ...

It’s a method that sees brands offer users two different versions ... Set prices that are: High enough to belong in the luxury market. Slightly lower than the most recognized players in that ...

Amid uncertain consumer sentiment, Allied Blenders and Distillers is shifting its focus to premium and luxury spirits, with an aim to increase the prestige segment share to 50%.