Drinkers, smokers seek respite from gloom by trading up
The trend contributes to a pattern of affluent consumers spending big on luxury items following the Covid-19 pandemic.
From burgers to gadgets, stressed consumers buy cheap
Investors are closely watching second quarter corporate results for signs economies are headed toward recession.
Prada sees second-hand fashion as opportunity, weighs partnerships
The market for pre-owned chic bags and clothes has surged over the last three years, driven by younger, more environmentally conscious shoppers looking for affordable high-end goods.