Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consumer confidence and slowing ...
Manolo Blahnik, the high-end shoe brand with many celebrity fans and often worn in the TV hit "Sex and the City", has opened ...
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 ...
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
Canada Goose Holdings , posted a surprise quarterly profit and beat Wall Street estimates for revenue on Thursday, driven by ...
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 ...
The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...
Manolo Blahnik opens its first mainland China store in Shanghai after a 22-year trademark dispute. The luxury shoemaker plans ...
When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top ...
Mercedes-Benz Group AG was once a standard-bearer of automotive refinement, but swooning sales and profits underscore how ...