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 ...

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

Capri Holdings' stock has plummeted nearly 50% in post-market trading after Tapestry's proposed acquisition with Tapestry was ...

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

The Birkin handbag maker reported a rise in sales, defying a slowdown in demand for luxury goods that has hit many of its competitors, including Kering. Shares rose around 1% in Paris. ↗️ [Kering (FR: ...

German premium automaker Mercedes-Benz said today its third-quarter earnings in the core car division plunged by 64%, ...

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 ...