HSBC, Barclays and TD Cowen dial back expectations for luxury stocks as Chinese and American affluent consumers signal ...
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales ...
New reports indicate that luxury sales in mainland China have fallen by approximately 10% so far this year, and talking to ...
Luxury travel is a $240 billion market, but luxury travelers may be a little different from what you think, according to a ...
Currently, Hilton operates 19 luxury hotels in China under its Waldorf Astoria and Conrad brands. Its high-end brands also ...
Hilton Group has unveiled plans to double its number of luxury hotel brands in the Chinese market in the coming years amid ...
FRANKFURT -- Mercedes-Benz Group has withdrawn from its Chinese electric vehicle joint venture with BYD, the German automaker ...
Exports of Swiss watches recorded a slight rebound in August, but the negative performance of the past months is expected to continue, notably in the all-important Chinese market.
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a ...
Mercedes-Benz has cut its full-year profit margin for the second time in less than two months, after overall sales volume ...
The joint venture between China’s SAIC Motor and JSW Group has announced it will launch a new luxury car brand, with two ...
Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its ...