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 ...
French luxury goods group LVMH said it was "surprised by inaccurate rumors" about its Moet Hennessy division relayed on ...
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 ...
Belarussian Alexander Zaitsev, nicknamed President Aleksandr Lukashenko’s “money bag,” appears to have shipped luxury goods ...
By Mimosa Spencer and Dominique Patton PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales, ...
But the main reason for the slowdown is that Chinese shoppers have pulled back. China has been a huge growth story for luxury ...
Brian Duffy, the company’s chief executive, reflects on growth, philanthropy and a new opportunity in jewelry.
Canada Goose is entering into a very difficult winter season as resellers pull back their order books and China growth slows ...