Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...
Shares of European luxury-goods makers are dropping again as analysts at Goldman Sachs Group Inc. and Jefferies International ...
Burberry Group (LON: BRBY) share price has been in a strong freefall this year as concerns about its growth prospects ...
Munich-based fashion retailer Mytheresa is strengthening its presence in China through the introduction of a new local brand ...
Mercedes-Benz’s profit outlook has taken a hit as China’s luxury car market slows. Shares plummet 7.5%. Mercedes-Benz has ...
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China's economy.
Mercedes-Benz has cut its full-year profit margin for the second time in less than two months, after overall sales volume ...
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto ...
The government may also end distinctions between first- and second-home purchases, paving the way for smaller down payments ...
China's deepening slowdown is forcing the world's costliest brands to look towards its southern neighbour, home to 849,000 US ...