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

Weak consumer demand in China, slower spending by travellers, and an uncertain US economic outlook have likely been key ...

Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest ...

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 ...

Right now, it seems, both types have lost ardor for luxury goods such as her namesake handbags—and that is creating major ...

Munich-based fashion retailer Mytheresa is strengthening its presence in China through the introduction of a new local brand ...

Mercedes Benz Group AG (ETR:MBGn) cut its earnings outlook  on Thursday as the luxury automaker grapples with softer demand ...

Last year, the Asia-Pacific region dominated the global luxury-home market with prime prices rising sharply in cities like ...

With a mixed performance in China and the overall slowdown in the global EV market, the performance of TSLA stock with ...

The luxury automaker references its languishing sales figure in China amid the country's economic environment. Julie Hyman ...

The government may also end distinctions between first- and second-home purchases, paving the way for smaller down payments ...