Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales ...
HSBC, Barclays and TD Cowen dial back expectations for luxury stocks as Chinese and American affluent consumers signal ...
Shares of European luxury-goods makers are dropping again as analysts at Goldman Sachs Group Inc. and Jefferies International ...
New reports indicate that luxury sales in mainland China have fallen by approximately 10% so far this year, and talking to ...
Luxury travel is a $240 billion market, but luxury travelers may be a little different from what you think, according to a ...
Mercedes-Benz’s profit outlook has taken a hit as China’s luxury car market slows. Shares plummet 7.5%. Mercedes-Benz has ...
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...
Hilton Group has unveiled plans to double its number of luxury hotel brands in the Chinese market in the coming years amid ...
It is much cheaper to buy designer goods in Europe than in China, and professional resellers are profiting from the gap. Posh ...
China reported weaker-than-expected consumer price growth for August, signalling continued sluggish domestic consumer demand.
FRANKFURT -- Mercedes-Benz Group has withdrawn from its Chinese electric vehicle joint venture with BYD, the German automaker ...
A cultural shift is not only reshaping the luxury market in China but could also set the tone for global trends in the coming ...