LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...

Demand for luxury goods is slowing in China, and tough economic conditions aren't only to blame for this.

Luxury market at turning point, true luxury brands to outperform, aspirational brands face challenges. China stimulus may not ...

Imports of watches from China saw a 64 percent year-on-year increase, suggesting North Korea's leader is stepping up rewards ...

LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.

French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...

The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across ...

Faced with a depressed luxury goods market, the sector's global leader has published a fall in revenue for the first time ...

European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing's next targets ...

But the main reason for the slowdown is that Chinese shoppers have pulled back. China has been a huge growth story for luxury ...

Airports are famous for having duty-free shops, but can people truly save money on luxury items there? Here's what travelers ...

A group of women leaders in the country on Friday organised an auction of luxury goods whose proceeds will go towards ...