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

PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in ...

The luxury resale pioneer will release 250 luxury items for just $15, as it moves to take a more active role in helping to ...

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

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

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

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

Louis Vuitton’s owner seems surprised at how quickly Chinese consumers have closed their wallets and abandoned its brands. It ...

Plus, there's the waste factor. In the past, some luxury brands would reportedly destroy unsold items to protect their image.

For investors bracing for another gloomy results season from Europe’s luxury-goods industry, there’s potentially one bright ...

Investors in French luxury group LVMH are eager for signs that China's new fiscal stimulus measures can finally pull wealthy ...