As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage ...

Luxury brands face uncertainty in China as the threat of higher tariffs and rising nationalist sentiments challenge revival ...

Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consumer confidence and slowing ...

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 ...

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 ...

BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...

When LVMH CEO Bernard Arnault toured China in June last year, he visited a five-story site in Beijing where the company’s top ...

Manolo Blahnik opens its first mainland China store in Shanghai after a 22-year trademark dispute. The luxury shoemaker plans ...

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.

Europe's luxury carmakers once dominated in China, but are now under intense pressure. BMW, Mercedes-Benz, and Porsche have all reported slumping sales in the world's largest auto market.