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 ...
Mercedes-Benz Group cut its full-year guidance, citing a deteriorating economic backdrop and weakness in China, and became the latest carmaker to turn more cautious about its outlook.
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 ...
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 cut its full-year profit margin target for the second time in less than two months, hitting European auto ...
Exports of Swiss watches recorded a slight rebound in August, but the negative performance of the past months is expected to continue, notably in the all-important Chinese market.
Luxury travel is a $240 billion market, but luxury travelers may be a little different from what you think, according to a ...
A Chinese diplomat who has repeatedly praised the Chinese Communist Party is still fulfilling his role as the consul general ...