LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...
Imports of watches from China saw a 64 percent year-on-year increase, suggesting North Korea's leader is stepping up rewards ...
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 ...
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Can You Really Save Money On Luxury Items By Shopping At Airports?Airports are famous for having duty-free shops, but can people truly save money on luxury items there? Here's what travelers ...
They have made a killing using art, but the artists have not done that well with luxury goods,” Taplin adds. Compare Louis Vuitton’s lucrative 12-years-and-counting collaboration with Yayoi ...
But the main reason for the slowdown is that Chinese shoppers have pulled back. China has been a huge growth story for luxury ...
Belarussian Alexander Zaitsev, nicknamed President Aleksandr Lukashenko’s “money bag,” appears to have shipped luxury goods ...
For investors bracing for another gloomy results season from Europe’s luxury-goods industry, there’s potentially one bright ...
A group of women leaders in the country on Friday organised an auction of luxury goods whose proceeds will go towards ...
LVMH reported a 3% decline in sales in its latest quarter, driven by decreased demand from Chinese consumers.
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