Luxury goods companies face a delicate balancing act after the U.S.-EU trade deal as weak consumer demand tests their ability to raise prices further following dramatic price increases in recent years. https://www.japantimes.co.jp/business/2025/07/29/markets/us-tariffs-luxury-brands-power/?utm_medium=Social&utm_source=mastodon #business #markets #luxurygoods #us #donaldtrump #trade #tariffs #chanel #lvmh #louisvuitton #dior

U.S. airlines' strategy of doubling down on high-end travel after the COVID-19 pandemic to drive up profits and reduce their vulnerability to economic swings is paying off. https://www.japantimes.co.jp/business/2025/07/21/us-airlines-premium-travel-slump/?utm_medium=Social&utm_source=mastodon #business #airlines #luxurygoods #travel #delta #united

A Milan court placed Italian luxury label Loro Piana SpA under judicial oversight for one year, saying the LVMH-owned label famous for its cashmere clothing did not stop subcontractors from exploiting migrant workers. https://www.japantimes.co.jp/business/2025/07/15/companies/lvmh-loro-piana-italy-labor/?utm_medium=Social&utm_source=mastodon #business #companies #luxurygoods #lvmh #loropiana #laborlaws

South Korea's retail sales rose 7% in May, driven by a 13% surge in online transactions, while offline sales rebounded and luxury goods outperformed amid shifting consumer trends.
#YonhapInfomax #RetailSales #OnlineSales #MinistryOfTradeIndustryAndEnergy #LuxuryGoods #YearOnYearGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69235

Renault boss Luca de Meo, who is leaving the French carmaker, is reportedly set to become the new chief executive of Gucci owner Kering. https://www.japantimes.co.jp/business/2025/06/16/companies/renault-de-meo-gucci-kering/?utm_medium=Social&utm_source=mastodon #business #companies #renault #gucci #kering #lucademeo #luxurygoods #carmakers

#Baddebt from #unsustainable #consumerism
"Danucha P, secretary-general of #NESDC, said tt in 4Q 2024, #household #debt totalled THB16.4tril, showing a 0.2% growth cf to te same period last year.. largely due to tighter lending stds.. Danucha said 1 issue tt needed to be addressed was Thais' tendency to #consume #luxuriously, which can easily lead to excessive debt.. survey by Mahidol found tt 1 in 3 #Thais prefer to #spend their money on #luxurygoods & #premium services"
https://www.bangkokpost.com/business/general/3045872/call-for-measures-to-halt-surge-in-bad-debt

🏆 LVMH turns to AI to combat luxury slowdown—deploying AI agents across supply chains, pricing & customer experience as demand wanes in US/China. 40K+ employees using their MaIA platform monthly 📊 #LVMH #AI #LuxuryGoods #RetailTech #SupplyChain #LouisVuitton #Sephora

https://www.alojapan.com/1284591/luxury-tokyo-penthouse-sold-for-over-65-million-in-new-record/ Luxury Tokyo penthouse sold for over $65 million in new record #Harajuku #housing #inflation #LuxuryGoods #RealEstate #ShibuyaWard #Tokyo #TokyoTopics #wealth #東京 #東京都 A Tokyo penthouse developed by Swedish buyout firm EQT has sold for about ¥9.5 billion ($67 million), shedding light on the cost of buying into the city’s booming high-end property market. The four-bedroom apartment at Marq Omotesando One, a luxury low-rise development near the…