The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the luxury industry, it bodes ...

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

The Group of Ministers (GoM) to decide on GST on health and life insurance premiums in its meeting on Saturday decided to ...

In a move to reshape the way we pay taxes on everyday items, the Group of Ministers (GoM) has proposed changes to the Goods ...

A final decision on GST on health and life insurance premiums as well as rate rationalisation will be taken by the GST ...

At present, the average GST rate is around 12.2 per cent, which is below the revenue-neutral rate of 15.3 per cent, spurring ...

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

The Group of Ministers (GoM) on GST rate rationalisation decided to lower tax rates on essential items like 20-litre packaged ...

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

Belarussian Alexander Zaitsev, nicknamed President Aleksandr Lukashenko’s “money bag,” appears to have shipped luxury goods ...

Brian Duffy, the company’s chief executive, reflects on growth, philanthropy and a new opportunity in jewelry.

Discount chain is closing Sunday in the Hamptons, a sad milestone for shoppers in the upscale Long Island area ...