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

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

When people talk about luxury goods, they often mean high-end designer brands and stuff like watches or jewelry. But a new ...

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

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

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 ...

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

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

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

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