New reports indicate that luxury sales in mainland China have fallen by approximately 10% so far this year, and talking to ...

HSBC, Barclays and TD Cowen dial back expectations for luxury stocks as Chinese and American affluent consumers signal ...

Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing ...

It is much cheaper to buy designer goods in Europe than in China, and professional resellers are profiting from the gap. Posh ...

Luxury travel is a $240 billion market, but luxury travelers may be a little different from what you think, according to a ...

Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its ...

Mercedes-Benz has cut its full-year profit margin for the second time in less than two months, after overall sales volume ...

A cultural shift is not only reshaping the luxury market in China but could also set the tone for global trends in the coming ...

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.

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 ...

Luxury spending in China has taken a hit from the downturn in its property sector and a lackluster economy.