Chinese snap up used Rolexes, Birkins to satisfy luxury cravings amid slowdown

The former venture capitalist is seeing a surge in people looking to sell their Hermes Birkin bags or Rolex watches to raise cash, as well as a…

GfK UK consumer confidence rises again in March

Admittedly, it’s still in negative territory though. GfK’s long-running Consumer Confidence Index increased two points this month to -36 following a seven points rise in February. But…

Luxury bags are significantly more expensive in China than in Europe

Thanks to a strong dollar (today 1 dollar is equivalent to 0.92 euro), American tourists have returned in force to the luxury shops of the major European…