Coach and Ralph Lauren have shown they have what it takes. Their pricey European rivals seem to have priced themselves out of ...

How luxury lost its luster By lowering prices, designer brands such as Michael Kors and Ralph Lauren were able to keep sales strong. But that kind of strategy is not without its consequences.

Some luxury labels are discounting their products to an unprecedented degree in China, reflecting a growing panic over unsold inventory as local consumers pull back on spending. Starting this ...

as defined by McKinsey & Co. One major brand responding to this shift is British luxury label Burberry. Ahead of the holiday season, the brand adjusted its pricing structure to appeal to a broader ...