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 ...
Canada Goose Holdings , posted a surprise quarterly profit and beat Wall Street estimates for revenue on Thursday, driven by ...
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier owner Richemont missed first half profit forecasts and remained ...
The pan-European STOXX 600 closed down 0.6%, with China-exposed sectors such as miners and luxury losing more than 3% each.
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 ...
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 ...
When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top ...