The global luxury market contracted for the first time in 15 years in 2024, with "aspirational" consumers tightening their belts amid economic angst.

Not long ago, buying a new vehicle wasn’t a big strain for middle-class families. It was a reward for working hard, budgeting ...

America’s middle class was a segment of society that promised stability and security, a lifestyle that included dining out, ...

The luxury bubble bursts with a 2% market drop in 2024 as middle-class shoppers abandon high-end purchases amid economic woes. Mariya B : Pexels The global luxury market, once buoyed by middle ...

Tension: The middle class seeks luxury to signal success, while the truly wealthy often avoid overt branding, creating a paradox of perception versus reality. Noise: Social media spectacle ...

Here are a few used luxury cars the middle class should steer clear of, based on the latest iSeeCars data. The Jaguar I-PACE leads the list of worst depreciators, losing a staggering 72.2% of its ...

Amid rising costs, half of all summer travelers now earn at least $100,000. The growing wealth gap is driving more demand for ...

Even a quick Google search online reveals that "expensive pet breeds" and "high-status luxury dogs" are all the new rage amongst middle and upper class households. From seeking out a thorough-bred ...

Democracy is dead ✓ Luxury watches are on an antidemocratizing path of extreme exclusivity ✓ The rift between brands and ...

The luxury market is losing a big customer: middle-class shoppers with money to burn. After years of YOLO spending during the pandemic era, middle-income households—defined by Pew Research ...