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 ...

The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the luxury industry, it bodes ...

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 ...

French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline ...

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

Plus, there's the waste factor. In the past, some luxury brands would reportedly destroy unsold items to protect their image.

The BJP on Sunday, citing an unverified inventory, alleged that crores of rupees were spent on state-of-the-art household ...