Luxury brands hiked up their prices about 20% between 2021 and 2023, steering off middle-income shoppers facing financial pressure.

Luxury brands like Burberry are shifting focus to aspirational consumers by offering more affordable options after price hikes sidelined potential shoppers.

Vince Gilligan, the creator of "Breaking Bad," has expressed concern about writers making villains "aspirational" in an age ...

Aspirational luxury customers typically spend almost $274 billion a year, making them an important part of the customer base, according to McKinsey. Luxury brands can see a boon off smaller ...