Luxury

Luxury is a market segment focused on high-end, premium goods and services that are not essential and are often associated with high quality, exclusivity, and high price points.

Why it’s in the news: It is in the news now due to the evolving strategies of luxury brands in the EV market, changing consumer spending habits, and high-profile legal cases involving luxury assets.

Latest on Luxury

• Bentley Wants Its Torcal SUV to Break the Curse of the Luxury EV
• Lavish runway shows target wealthiest shoppers as others spend less on luxury
• First auction of seized luxury bags from S$3b money laundering case closes, bringing in more than S$1.1m
• Xiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fear
• Pets and personal touches: how China’s luxury hotel market is changing
• Gucci owner Kering is backing Chinese fashion brand Icicle. Can it become a global luxury name?

Connections

8 entities linked to Luxury across the news graph.