LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...

Demand for luxury goods is slowing in China, and tough economic conditions aren't only to blame for this.

A humdrum-sounding trade stat has caught the attention of the financial press because it may signal bigger trouble on two ...

Imports of watches from China saw a 64 percent year-on-year increase, suggesting North Korea's leader is stepping up rewards ...

European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing's next targets ...

Faced with a depressed luxury goods market, the sector's global leader has published a fall in revenue for the first time ...

By Mimosa Spencer and Dominique Patton PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales on ...

But the main reason for the slowdown is that Chinese shoppers have pulled back. China has been a huge growth story for luxury ...

An Upstate New York man has been sentenced to 54 months in prison for investing nearly $5 million of his clients money in ...

Belarussian Alexander Zaitsev, nicknamed President Aleksandr Lukashenko’s “money bag,” appears to have shipped luxury goods ...

A group of women leaders in the country on Friday organised an auction of luxury goods whose proceeds will go towards ...