How This Watch Favored By Billionaires And Celebrities Skyrocketed In Popularity This Yearhttps://t.co/bSAzDDs6Yp https://t.co/VCwYguWTiR ...

Rising sales this fall gave a boost to Sotheby’s and Christie’s, spurring younger bidders to seek out luxury goods as older buyers vie for modern masterworks. Seven chased after a collectible hippo. https://t.co/DKMVUcsx99 ...

an alleged $2 million heist. All caught on camera. It happened at a luxury clothing store in Manhattan that caters to celebs like Cardi B and Kim Kardashian.Police say the thieves broke in around 4 in the morning. There they are, smashing through the window and quickly shoving items into garbage bags. No arrest so far.Police say they're on. ...

Consumer Spending & Market Trends - Overall consumer spending declined, but high-end consumer spending remained resilient [3] - The top 40% of the company's customer base experienced double-digit per capita revenue growth in the last quarter [4] - Expectation of continued trend of buying high-end ready-to-wear and fine jewelry [5] - "Silent luxury" (high-end, logo-free products) has been popular, but there's a potential comeback of color and embellishment [7][8] E-commerce & Trade Landscape - Changes in policies for goods made in Europe, Asia (China, India) impacted consumer sentiment [9][10] - De Minimis was not a big threshold for the company's high-end business, as most shipments were over 800 USD [11] - Stability in stock markets, real estate, and commodities has driven positive consumer sentiment [11] Inventory & Supply Chain - Maintaining a balance between demand and inventory levels is crucial to avoid discounting in the luxury industry [12][13] - There was oversupply in 2023, but the industry has since improved calibration between supply and demand [13] - Full-price business has picked up tremendously over the last eight quarters, indicating healthy margins [13]

Market Trends - Japan's secondhand market is becoming a prime destination for luxury goods hunters [1] - The market features items ranging from Chanel baseball shirts to Hermès Birkin bags [1]

From Chanel baseball shirts to the original Hermès Birkin, Japan’s secondhand market has become the ultimate destination for luxury hunters. https://t.co/5lS8IPWRly ...

yes, the rich americans still need access to their pateks, aps and rolex. https://t.co/etfFdVm7pv ...

At luxury sample sales across New York City, professional line-standers secured by shoppers as far as months in advance are being paid as much as $800 for the job. "This is our Super Bowl."🔗 Read more: https://t.co/6KxrYx6sWi https://t.co/P32VhHCJKu ...

Retail & Labor Market - Professional line-standers in New York City are being paid up to $800 for securing spots at luxury sample sales [1] - The luxury sample sales are considered the "Super Bowl" for these professional line-standers [1]

When a couch costs more than a Porsche, cleaning it becomes a high-stakes endeavor. That’s why skilled housekeepers for the rich are earning six figures https://t.co/aLNarffsyk ...