Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players ...
China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari Chief Executive ...
Manolo Blahnik, the high-end shoe brand with many celebrity fans and often worn in the TV hit "Sex and the City", has opened ...
Cartier jewellery owner Richemont reported a dip in quarterly sales on Friday, as the luxury goods group largely offset ...
A few weeks back, industry leader LVMH started things off with a surprising sales drop. Rival luxe conglomerate Kering Group, owner of Gucci, followed up a week later with a 16% sales decrease and a ...
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top ...
Manolo Blahnik opens its first mainland China store in Shanghai after a 22-year trademark dispute. The luxury shoemaker plans ...
The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...
A slowdown in the key Chinese market is currently lashing the financial performance of luxury houses but a Chanel executive warned Monday it faces an even greater risk from oversaturation and "luxury ...
Europe's luxury carmakers once dominated in China, but are now under intense pressure. BMW, Mercedes-Benz, and Porsche have all reported slumping sales in the world's largest auto market.