The luxury goods industry has had a good year. As of June 12, 2023, the STOXX Europe Luxury 10 Index has risen by 22.81%, after reaching an all-time high in April. This surge comes as China's ...

Prices are now testing even the most ardent of luxury supporters. “I mean, it’s outrageous,” David Fischer, founder and CEO of the youth culture platform Highsnobiety, told CNN over a call.

Quiet luxury is this year's biggest fashion trend, just like during another economically precarious time: the 2008 recession. Business Insider Subscribe Newsletters ...

But for many luxury fashion brands, the uptick has been taking place over a longer timeline. Take Chanel , where handbag prices have more than doubled since 2016.

On Thursday, BYD launched the Yangwang U7, its first ultra-luxury EV sedan. The U7 has four electric motors producing up to 1,287 horsepower (960 kW), good for a 0 to 62 mph (0 to 100 km/h) sprint ...

Most Reliable Luxury Cars: 2022 BMW 3 Series. As rivals from upstart manufacturers and with new powertrain tech have risen, the BMW 3 Series isn’t the benchmark sport luxury sedan it once was ...