As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage ...
Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...
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 ...
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players ...
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consumer confidence and slowing ...
An icon in the shape of a lightning bolt. Impact Link The days of European carmakers dominating China's luxury vehicle market ...
But the more your customer base is comprised of the merely affluent—rather than the uber wealthy—and you sell products that are not nearly so strongly coveted (see virtually every accessible luxury ...
The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...
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.
The robust performance in China contrasts with those from bigger luxury brands such as Gucci-owner Kering and LVMH as ...
The world’s second-largest economy, long a cornerstone for global retailers, is yet to recover from the post-Covid-19 slowdown that has made its once label-obsessed shoppers increasingly frugal.