Sales during the first half rose in all markets but decelerated significantly in Japan as the company confronts soft demand ...

PARIS/NEW YORK (Reuters) -Luxury goods companies were spared their worst case scenario in Sunday's EU-U.S. trade deal but ...

Luxury goods market faces a potential 5% drop, its worst downturn since 2009 (excluding 2020). Consumers, disillusioned by post-pandemic price hikes and stagnant creativity, are detaching from brands.

LVMH shares rebounded as investors bet that relief is in sight for the luxury goods titan after another quarter of declining ...

European luxury-goods makers such as Hermès and LVMH are likely breathing a sigh of relief after the EU and U.S. agreed to a 15% tariff rate—an outcome Bernstein’s Luca Solca called f ...

Shinsuke Sakimoto, the CEO of luxury goods reseller Valuence Holdings Inc., revealed himself as the buyer of a Hermès Birkin bag auctioned last week in an interview with the Khaleej Times on Monday.

The luxury goods industry has had a good year. As of June 12, 2023, the STOXX Europe Luxury 10 Index has risen by 22.81%, after reaching an all-time high in April. This surge comes as China's ...

Some people collect luxury goods such as investment pieces. Think of a Birkin bag, art by the legendary Jean-Michel Basquiat or a Rolex.

A new report by consultant firm Oliver Wyman shows how wealthy shoppers in Chinese are changing their luxury spending habits ...

Michigan State Police raided Oak Park stores selling fake luxury goods, following tips and undercover purchases.