The publication of sales figures for LVMH, Kering and L'Oréal reveals just how difficult the global luxury goods market is ...

As business owners, we must not only acknowledge the trend of "fast consumption" but also work to educate our customers ...

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

Hermes reported a rise in sales for the third quarter as the Birkin handbag maker continued to defy a slowdown in demand for ...

And with inflation going down and prices that average people pay for everyday quality goods and services on a (modest) decline, what difference does a potential luxury goods recession make for the ...

Pansuk Siriwipa spent money from the business on a private jet flight, a downpayment for a sports car and a property in ...

China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are ...

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

A Thai woman involved in the $32 million luxury goods scam has pleaded guilty to cheating and money laundering on Monday (Oct ...

German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64% as ...

The former New York mayor was ordered to pay damages to two election workers who he falsely accused of fraud following Donald ...

Mr Edun confirmed that a bill currently before the National Assembly proposes a gradual increase in VAT for luxury items, while essential goods consumed by poorer Nigerians will either remain exempt ...