Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...
Manolo Blahnik, the high-end shoe brand with many celebrity fans and often worn in the TV hit "Sex and the City", has opened ...
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players ...
Cartier jewellery owner Richemont reported a dip in quarterly sales on Friday, as the luxury goods group largely offset ...
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consumer confidence and slowing ...
By John Revill and Mimosa Spencer ZURICH (Reuters) -Cartier owner Richemont missed first half profit forecasts and remained ...
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
The response to the downturn and the impact of the election of Donald Trump were top of mind during a call with the Swiss ...
The pan-European STOXX 600 closed down 0.6%, with China-exposed sectors such as miners and luxury losing more than 3% each.
The robust performance in China contrasts with those from bigger luxury brands such as Gucci-owner Kering and LVMH as ...
A few weeks back, industry leader LVMH started things off with a surprising sales drop. Rival luxe conglomerate Kering Group, owner of Gucci, followed up a week later with a 16% sales decrease and a ...
The world’s second-largest economy, long a cornerstone for global retailers, is yet to recover from the post-Covid-19 slowdown that has made its once label-obsessed shoppers increasingly frugal.