LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...

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

Discount chain is closing Sunday in the Hamptons, a sad milestone for shoppers in the upscale Long Island area ...

European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing's next targets ...

The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across ...

Faced with a depressed luxury goods market, the sector's global leader has published a fall in revenue for the first time ...

By Mimosa Spencer and Dominique Patton PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales, ...

Belarussian Alexander Zaitsev, nicknamed President Aleksandr Lukashenko’s “money bag,” appears to have shipped luxury goods ...

Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector. Shares in LVMH ...

But the main reason for the slowdown is that Chinese shoppers have pulled back. China has been a huge growth story for luxury ...

They have made a killing using art, but the artists have not done that well with luxury goods,” Taplin adds. Compare Louis Vuitton’s lucrative 12-years-and-counting collaboration with Yayoi ...

Canada Goose is entering into a very difficult winter season as resellers pull back their order books and China growth slows ...