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Luxury slump intensifies as shoppers buy less Balenciaga and Gucci, in latest sign of an end to the 'roaring 20s
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iPJeoi2XIb8g/v0/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/-1x-1.png)
LVMH, Gucci, Kering Won't Be Out of Fashion Forever - Bloomberg
Mark Zuckerberg, a crypto CEO, Elon Musk, and Jeff Bezos top list of billionaires who have seen their net worths drop the most this year
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://image.cnbcfm.com/api/v1/image/105487657-1538651779020gettyimages-1042680562.jpg?v=1538651919)
The luxury sector is growing faster than many others and Gucci leads
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://cdn.i-scmp.com/sites/default/files/styles/768x768/public/d8/images/canvas/2022/10/05/8955f0c9-f808-4e5f-904d-243d243c2f0e_bd0df3e0.jpg?itok=Sek87yJY)
Why are LVMH sales soaring despite the global inflation crisis? American tourists are returning to Europe and splashing out on Louis Vuitton and Dior luxury goods – despite the US recession
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iPJeoi2XIb8g/v0/-1x-1.png)
LVMH, Gucci, Kering Won't Be Out of Fashion Forever - Bloomberg
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ipS052JsTgdU/v0/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/-1x-1.png)
LVMH, Gucci: Luxury Giants Are Gobbling Up All Your Covid Savings - Bloomberg
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/icJdonieutlM/v0/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/-1x-1.png)
Luxury Giant LVMH Is Well Dressed to Manage Inflation, China Covid Lockdowns - Bloomberg
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://image-cdn.hypb.st/https%3A%2F%2Fhypebeast.com%2Fimage%2F2022%2F07%2Fgucci-worlds-hottest-brand-lyst-index-q2-2022-alessandro-michele-balenciaga-demna-diesel-1.jpg?cbr=1&q=90)
Gucci Defeats Balenciaga for World's Hottest Brand
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iMtyz29i9DBQ/v0/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/-1x-1.png)
LVMH, Gucci, Kering Won't Be Out of Fashion Forever - Bloomberg
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iOuljkHcScAk/v1/-1x-1.jpg)
LVMH, Gucci, Kering Won't Be Out of Fashion Forever - Bloomberg
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/2DOXNR3BJ5BNTE6MUJFYKZSY2E.jpg)
How Are Luxury Sales (Really) Holding Up?
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://nypost.com/wp-content/uploads/sites/2/2022/08/gucci-resale-28.jpg?quality=75&strip=all&w=744)
Gucci soars as hottest vintage brand, demand increases 500%
![Gucci, Louis Vuitton Thrive Despite the Squeeze of Inflation](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2022/10/14/246bea88-5789-4972-918f-416f669524c2_6c843e4a.jpg)
Why are LVMH sales soaring despite the global inflation crisis? American tourists are returning to Europe and splashing out on Louis Vuitton and Dior luxury goods – despite the US recession